The Ultimate Guide to Depreciation of Electric Vehicles 2024
Initial Price Second-Hand Price Depreciation Amount Depreciation Rate; Tata Nexon EV: Rs. 15.99 Lakh: Rs. 8 Lakh: Rs. 7.99: 49.9%: Tata Nexon (Diesel) Rs. 15 Lakh: Rs. 8.7 Lakh : Rs. 6.3 Lakh: 42%: Comparison between depreciation of electric cars and petrol/diesel cars. It is clear from the table above that the depreciation rate of electric vehicles is faster …