Empirical Study on the Influencing Factors of Value Maintenance Rate of New Energy Vehicles

With the rapid development of the new energy vehicle (NEV) market, the issue of value maintenance rate has attracted increasingly more attention from consumers and the industry. Although NEVs are not a new concept, when the electrification trend returns, it creates a stir. Given the continuously growing NEV parc, the depreciation of used electric cars has become a problem of great concern in the market. Beginning with the theory of used car loss and depreciation, the paper combines factors such as battery, technology iteration, policy, brand, etc. to examine and address the problem of why used electric vehicles depreciate in value. Meanwhile, it predicts the circumstances under which used electric cars may stably maintain their values in some period. With the further development and stabilization of NEV technologies and the gradual increase of NEV parc, the challenge of rapid depreciation of used new energy vehicles will be considerably alleviated.

Authors

Institutions

Publication Details

Published
2024-12-27
DOI
https://doi.org/10.1109/isneet64164.2024.10955987
Primary Topic
Engineering Applied Research
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Empirical Study on the Influencing Factors of Value Maintenance Rate of New Energy Vehicles

Liya Ma, Hongwei Li, Li Liu
Engineering Applied Research
article

Empirical Study on the Influencing Factors of Value Maintenance Rate of New Energy Vehicles

Liya Ma, Hongwei Li, Li Liu
article en

Abstract

With the rapid development of the new energy vehicle (NEV) market, the issue of value maintenance rate has attracted increasingly more attention from consumers and the industry. Although NEVs are not a new concept, when the electrification trend returns, it creates a stir. Given the continuously growing NEV parc, the depreciation of used electric cars has become a problem of great concern in the market. Beginning with the theory of used car loss and depreciation, the paper combines factors such as battery, technology iteration, policy, brand, etc. to examine and address the problem of why used electric vehicles depreciate in value. Meanwhile, it predicts the circumstances under which used electric cars may stably maintain their values in some period. With the further development and stabilization of NEV technologies and the gradual increase of NEV parc, the challenge of rapid depreciation of used new energy vehicles will be considerably alleviated.

China Automotive Technology and Research Center (CN), First Automotive Works (China) (CN)
Affordable and clean energy
Openalex Percentile: Top 68%
Engineering Applied Research
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.