[ProtectOurFreedom]

“used EV prices are freefalling.”

Probably because the buyers realize that a battery change-out is coming up soon to the tune of $10,000. Dump it before you have to make that investment. So much for all the vaunted gasoline savings you might have accumulated.

[TexasGator]

"Probably because the buyers realize that a battery change-out is coming up soon to the tune of $10,000."

In how many years? 20? 30?

[Jacquerie]

<>Probably because the buyers realize that a battery change-out is coming up soon to the tune of $10,000. Dump it before you have to make that investment.<>

This is reminiscent of the 1950s US auto strategy of planned obsolescence.

Deliberately ensure that the current version of the auto will wear out or become financially unfixable within a known time period.

As long as new ICE vehicles are banned/not manufactured, this guarantees that consumers will seek EV replacements in the future, thus bolstering demand.

How slick.