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297

No kidding... You don't say...

Archive: https://archive.today/dm98Z

From the post:

>The resale value of electric vehicles is collapsing worldwide, hurting private owners and fleet operators. The crisis became especially apparent when BluSmart, India’s pioneering all-electric ride-hailing service, collapsed in April amid financial fraud allegations. The Delhi-based company’s fleet of thousands of cars, originally worth over $12,000 each, suddenly flooded the market at about $3,000.

No kidding... You don't say... Archive: https://archive.today/dm98Z From the post: >>The resale value of electric vehicles is collapsing worldwide, hurting private owners and fleet operators. The crisis became especially apparent when BluSmart, India’s pioneering all-electric ride-hailing service, collapsed in April amid financial fraud allegations. The Delhi-based company’s fleet of thousands of cars, originally worth over $12,000 each, suddenly flooded the market at about $3,000.
[–] 1 pt

There's a market for a startup that categorizes and scores used EV batteries for remaining life/cycle count/failure chance. Greater transparency for the resale market that way.

[–] 0 pt

ready to go bust in 3,2,1.....

why ?

because they cannot build statistics since batteries and car models change FAST

too fast