[eisfresser]

I agree that there is a lot of uncertainty about the longevity of batteries. However, it seems to me that the extra depreciation is driven by price cuts of new electric cars. The article mentions an "electric car could expect to lose £24,000 in value over three years, while a similarly priced petrol car could lose £17,000" - Naturally, given that the sales price of the EV came down by £7,000 last year alone (i.e. Tesla Y).

[Mountain_Skies]

That might explain why the low end of the market still seems to overvalue used EVs. I've seen many Nissan Leafs with batteries in terrible shape, maxing out at 30-40 mile range, hold their value. Without much in the way of price reductions for newer models at the low end, the used market doesn't need to compete the same way the high end market does.

Edit: this is in the US. Other comments seem to indicate the opposite in the UK.