News Forum - Electric vehicle market faces risk from non-performing loans

[Thaiger]

The rising popularity of electric vehicles (EVs) is facing a new challenge as concerns over non-performing loans (NPLs) seep into the EV market. The rapid surge in EV sales has led to worries about whether buyers, many of whom are considered new-generation people with weaker financial standing, will be able to meet their instalments. This … …

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[WilliamG]

Reading the full story, it says that used cars are usually 30 - 40 % cheaper than new ones. 

Surely that depends on age, condition and maintenance.

[Ramanathan.P]

Anyway..electric vehicles are causing more damage indirectly to the environment in the long run.....