Trends in residual values for used electric vehicles (EVs) in Europe are still difficult to determine, even as the sale of new units accelerates. "What's It Worth? The Rise Of Electric Vehicles In European Auto ABS" looks at recent sales numbers in five European markets for both used and new vehicles, and highlights the difficulties in forecasting residual value trends.
However, the market for used EVs remains under-developed, raising questions over the behavior of residual values, which can affect credit risk in some auto ABS transactions.
View the full article here:
https://www.spglobal.com/ratings/en/research/articles/211130-what-s-it-worth-the-rise-of-electric-vehicles-in-european-auto-abs-12194945
