Not sure whether I understand the charts wrongly.

If we assume an EV travels 15k km per year, when we look at 1st chart (Figure 6), a car that travels 90k km retains about 35% of new car value, ie lose 65% of value.

But if we look at the last chart (Figure 9), a 6 years old EV (year 2018) only lose 36.6% of car value? Or I understand the Figure 9 chart wrongly?

Year of manufacture: Controlling for other factors, BEVs depreciate in value by an average of -6.1% for each year that has passed since that model was first released to the market. For example, the resale price of a model that was released in 2021 would on average have declined by -18.3% by 2024 relative to its original list price, whereas for 2022 and 2023 models, price declines would come to -12.2% and -6.1% respectively (Figure 9). This depreciation is driven by the breakneck pace of progress in the EV market, which is really closer to that seen for high-tech products than for more traditional industrial goods. This has been especially noticeable in the rapid extension in BEVs’ range per charge, and so among secondhand BEVs listed for sale on One2car, this averaged 509.0 km/charge for 2024 models, compared to 477.1, 386.2, and 345.1 km/charge for 2023, 2022 and 2021 models.

https://www.facebook.com/share/r/1AVfAGLgJB/?mibextid=D5vuiz

Sounds like EV owner pun love towing. Not bad, not bad. EV hater tumpang gembira je la.

After 10 years EV technology no longer the same.
Software & hardware no longer supported.

See within these 10 yrs EV from nickel-cadmium to Lithium Ion to lithium iron phosphate to Sodium ion to.....

Why Tesla used are still expensive?

Even older models price still maintain

Why Tesla used are still expensive?

Even older models price still maintain

Normal.

As EV becoming more and more consumers electronics than the traditional automobile counterparty…

A BYD Seagull launch from usd 10k+ 2-3 years ago. Now start to sell from usd 7900 in Chyna…

already say ma, BEV is like smartphone, every year new model out, old model obsolete. Just buang and buy new EV every year kowtim.

One of the comprehensive report from Thai industry research on used BEVs there. Good reference for M'sia

Krungsri

TLDR:
1. Initial depreciation: As soon as a BEV leaves the showroom, it drop -23% of its original list price

2. Mileage: Thai BEVs lose between -5.6% and -9.4% of their value for every 10,000 kilometers that they travel, higher than ICE

3. Country of origin: US and European BEVs, which also typically target the premium market, hold their value better than Chinese, UK, Japan & Korea models

4. Segment: Premium BEVs (i.e., sports and luxury sedan models) and electric vans offer resale values that are 8.9% and 18.6% better than BEV passenger vehicles

5. Year of Manufacture: BEVs depreciate in value by an average of -6.1% for each year that has passed since that model was first released to the market.

Functionality. Most only use to surf FB wouldn't even notice anything

Even petrol ron95 remove subsidy becoke RM3 also still ice worth more la.

Try raise petrol to Singapork price, RM9/l

Either there will be riots or people will start queue change to ev

depend on OS la. if cant latest update. problem in kambing

Ipon 12 still can update to latest OS and perfectly usable not like someone say obsolete after a year

u forgot one thing . RAM & battery capacity.
Iphone 16 - 8GB Ram . iphone 12 - 4GB Ram
New OS come with NEW FEATURES. new features require more RAM.

No problem for those use phone for FB and texting

My spare 4 years old Poco F3 still can run genshin well although not at the highest resolution

fren bought tesla model 3 RWD baseline model 189k Aug 2024

sold 160k Apr 2025 ... 16% drop