The regulation-driven purchase of commercial electric trucks carry a lot of unknowns. One of the biggest is their residual value, or how much they will be worth as trade-ins.
Rich Mohr, senior vice president of North America ChargePoint, said the past is a prelude for what is happening with first-generation electric trucks.
Depreciating electric trucks to scrap value
“Three years ago, the biggest risk around fleets adopting electric vehicles was the residual value and the [anticipated] life of those vehicles,” Mohr told me. “Every single fleet [was] depreciating these things down to nothing because we have no clue what they’re going to be worth.”
