In the UK I think most EVs are leased, especially through "salary sacrifice" schemes from employers (which saves the whole income tax on payments). Is it the same in the US?
In such case I suspect the impact is mostly on leasing companies with issues on viability and leasing costs (for consumers).
In UK/Europe this might also explain why depreciation after 3 years is so high: Leasing companies trying to dump EVs returned at end of leases.
Interesting! My take is that this is partly caused by people not trusting their long term value and reliability, and at the same time it contributes to their depreciation because it means the EVs are dumped on the used car market after 2-5 years (I think 3 years is popular for leases in the UK).
In such case I suspect the impact is mostly on leasing companies with issues on viability and leasing costs (for consumers).
In UK/Europe this might also explain why depreciation after 3 years is so high: Leasing companies trying to dump EVs returned at end of leases.