From FutureAZA.

Huge thanks to @BrighterwithHerbert for joining the discussion.
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Links from today’s show:
Xiaomi confirmed on April 1 that one of its SU7 electric vehicles (EVs) was involved in an accident on an expressway in China. Local media reported that three people died in the incident that is likely to spark scrutiny over the smart driving software deployed in many of today’s cars.
https://www.straitstimes.com/asia/east-asia/chinas-xiaomi-says-it-is-cooperating-with-police-after-fatal-ev-accident

EVs have earned a reputation for losing value that’s hard to shake. But a recent study from iSeeCars reveals that cars and SUVs relying on battery power can lose nearly three-quarters of their value in half a decade, numbers that rival (and in some cases surpass) the highest tier of gas-powered luxury vehicles. This is good news for shoppers on the hunt for a well-used EV, but current owners might not share the sentiment.
https://www.autoblog.com/news/ev-depreciation-crisis-electric-cars-lose-58-8-of-value-in-five-years

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#Tesla #TSLA #EVs