European electric car lease prices rise 100% due to low resale values and subsidy cuts in key markets, threatening electric transition.
European electric car leasing firms face challenges due to low resale values, driving lease prices up by as much as 100% over the past three years. The issue is worsened by subsidy cuts for new electric vehicles (EVs) in crucial markets like Germany, which could stall Europe's electric transition. As 60% of new car sales in Europe are leased, with 80% of EVs also leased, the situation raises concerns about the future of electric vehicles in the region.
August 13, 2024
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