Rapid Value Depreciation Hinders Australians from Buying EVs: Peak Body
Posted on AllSides September 16th, 2024
From The Right
‘It [rapid depreciation] does add to poor customer experience, and could put dealers in a difficult position,’ said AADA CEO James Voortman. Electric vehicles (EV) line up outside a Tesla dealership in Melbourne, Australia, on April 19, 2023. William West/AFP via Getty Images A parliamentary committee has been told that rapid value depreciation is a barrier that prevents Australian motorists from buying electric vehicles (EVs). During a recent inquiry hearing into the EV transition, Australian Automotive Dealer Association (AADA) CEO James Voortman was questioned about what was blocking Australians from...
Some content from this outlet may be limited or behind a paywall.