For decades, depreciation in conventional vehicles has largely followed familiar variables such as age, mileage and physical wear
As more electric vehicles enter the secondary market, responsibility for building trust is shifting towards OEMs, regulators and financiers
India’s pre-owned EV market may eventually be shaped by more than battery health and depreciationwhether a used EV is practical for the buyer at all
Banks and NBFCs have decades of resale and depreciation data for internal combustion engine vehicles, allowing them to estimate collateral value relatively confidently
A credible assessment must go beyond a physical inspection
India’s pre-owned EV market is emerging just as the country’s electric vehicle base begins to mature
