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Reading: EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living
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EU News Forge > Blog > Earth > EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living
Earth

EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living

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Last updated: October 16, 2026 4:00 pm
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2 hours ago
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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…

Source: Guardian Environment

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TAGGED:BusinessCost-of-living crisisElectric VehiclesPetrol pricesTransport
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