"The significant growth in new electric vehicle (EV) sales has seen the values of used EVs plummet in many countries around the world, including Australia.
Here, resale values of EVs declined by more 21 per cent in the 12 months to January 2024 – meaning a used EV depreciates more than its internal combustion engine (ICE) equivalent."
https://www.carsales.com.au/editoria...xperts-144507/
That's 3 days ago, Australian media.
Interesting to raise insurance-oil links, that would be worth investigating. I think if used prices are falling heaps the insurance companies would want to protect themselves at any rate.
In Harry's video, at 13:30ish there was a mention of Bjorn Nyland (iirc) who has kept records of different brands of EV and how their batteries deteriorate - again, Tesla does well. That was useful to see, too.