
USA Today recently asked the car-value “experts” at Kelly Blue Book to do some crystal ball gazing and speculate on the depreciation and resale value of today’s electric cars.

USA Today recently asked the car-value “experts” at Kelly Blue Book to do some crystal ball gazing and speculate on the depreciation and resale value of today’s electric cars.

Electric vehicles have been gaining significant attention among the automobile manufacturers worldwide due to rapidly growing environmental concerns coupled with highly volatile oil prices.

VW introduced electric versions of the Golf compact (left) and Up minicar at the Frankfurt auto show last month.
Norway’s buzzing little market for pure electric cars has in its very success shown the severe drawbacks to a model that relies on public subsidies worth as much as $8,200 per car, every year.
Carmakers such as Nissan, Mitsubishi, PSA/Peugeot-Citroen and Tesla Motors see Norway and its 10,000 battery-powered vehicles as a reason for optimism in otherwise gloomy terrain.