EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living
Attributed to The Guardian. ENC is not independently verifying these facts.
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https://www.theguardian.com/environment/2026/oct/17/second-hand-electric-vehicles-ev-value-australia-petrol-prices
ENC Summary
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The Guardian is currently the only allowlisted source on the desk for this item.
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Supporting passage from source
The appeal of electric vehicles is financial as much as environmental for many drivers Sign up for climate and environment editor Adam Morton’s free Clear Air newsletter here The electric vehicles were splattered after a concrete spray incident, but repairable. Eager to recoup their costs, insurers sent the 40 BYD vehicles to an auction run by asset sales company Pickles in late March. With fuel prices soaring in response to the US and Israel war on Iran, a bidding frenzy erupted. Continue reading...
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