Government subsidies ‘threaten’ electric car future market

October 8th, 2013 § Comments Off on Government subsidies ‘threaten’ electric car future market § permalink

Subsidies for new electric cars pose a threat to the future viability of the market for battery cars, by reducing the value of second hand values, according to CAP Consulting.

An independent pan-European study led by residual values experts, CAP, reveals that while a cautious market typically tends to see electric vehicles depreciate around twice as heavily as conventional cars, used values are forced down even further by government subsidy. » Read the rest of this entry «

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