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EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living

The Australian flag above Parliament House in Canberra
File photograph: The Australian flag above Parliament House in Canberra. Marcus Reubenstein / Unsplash. Illustrative context, not a photograph of this reported event.
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The appeal of electric vehicles is financial as much as environmental for many drivers Sign up for climate and environment editor Adam Morton’s free Clear Air newsletter here The electric vehicles were splattered after a concrete spray incident, but repairable. Eager to recoup their costs, insurers sent the 40 BYD vehicles to an auction run by asset sales company Pickles in late March. With fuel prices soaring in response to the US and Israel war on Iran, a bidding frenzy erupted.

Read the original report at The Guardian.

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The Guardian

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-17. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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