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EV depreciation fears are overblown. The real gap is just 2.6%, not 12.9%, once subsidies, taxes & falling new EV prices are adjusted for. As used #EV demand grows & running costs stay low, ICE faces rising pressure. The narrative is about to flip, and disruption is moving into the used-car market.

The EV depreciation argument has aged like milk from a three-legged diesel cow. 😂 First EVs were too expensive. Then falling new-EV prices were somehow bad. Then those same price cuts were used as proof that used EVs suffered terrible depreciation.

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