Either that or the grants team will be super busy.
Residuals have been tough for quite a while, not helped by the over correction from the falsely high values through Covid and the chip shortages that followed. Obviously once prices dropped it seemed to push buyers into a lack of confidence around future values and there’s still nonsense around ownership of a used EV including the battery will fall apart/ignite at 4 years old and cost tens of thousands to replace.
An over correction suggests that there will be a further correction upwards at some point. Whether that’s when confidence in EVs and the infrastructure increases or whether we’re waiting for a solution for those living in flats for demand to increase.
I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
I'll try to give my honest opinion but am always open to learning.
Mark