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Dec 6, 2023 - World`s First Fourth-generation Nuclear Power Plant Starts Operation in China

Dec 6, 2023 - First turbine at Long Island offshore wind farm now operational

Dec 5, 2023 - Why Hydrogen DOES Have a Future

Dec 5, 2023 - Why Egypt is Worried about Ethiopia`s Grand Ethiopian Renaissance Dam

Dec 4, 2023 - Focus turns to nuclear fusion as a source of clean energy

Dec 4, 2023 - Texas goes green: How oil country became the renewable energy leader

Dec 4, 2023 - Why Used EV Prices Are Falling

Trending Now: Solar, Wind, Grid

Dec 4, 2023 - Why Used EV Prices Are Falling



Used EV prices are falling. Studies show that used EV prices fell somewhere around 30 percent in September and October 2023 from the same period in 2022. Used overall vehicle prices including ICE, hybrid and EVs declined by only around 5 percent. It bodes well for buyers, but some say it is yet another sign demand is faltering and that consumers may see EVs as a bad investment. Others say those fears are overblown. Interest rates are high and consumers are pulling back on spending. And despite price drops, EVs are still expensive.