Expert compares electric cars to “hot potatoes”

“A wave once morest electric cars is building up when landlords, leasing companies, dealers and ultimately used car buyers become unsettled.” This is what Ferdinand Dudenhöffer from the Bochum Center for Automotive Research says.

The US car rental company Hertz has announced that it will sell a third of its electric fleet and replace it with combustion engines. In the past, Hertz pointed out, among other things, that repeated price cuts by Tesla had also reduced the resale value of fleet vehicles. On the other hand, damage repairs to electric cars are regarding twice as expensive as to combustion engines.

“Uncertainty in the market”

Dudenhöffer now says that used electric vehicles are passed along the recycling chain like “hot potatoes”. That leads to losses. The expert sees the greatest risks among manufacturers who tried to push their electric models onto the market with high discounts. Buyers only touched the electric car with very sharp fingers, says Dudenhöffer. “The uncertainty in the market might hardly be greater.”

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