"The average EV now retains 97% of its range after three years of ownership and 95% after five years on the road. An EV with 300 miles of range when new should still deliver 291 miles after three years and 285 miles after five."
"Strong range retention can support resale values, make used EVs less risky, and give buyers more confidence that they are not settling for something subpar compared to combustion vehicles."
"About 68% of model year 2023 EVs are still exceeding their EPA range today, according to Recurrent, which used historical data to reach this conclusion."
Electric vehicles maintain their original range effectively, with modern models retaining 97% of their range after three years and 95% after five years. Automakers are implementing buffers and software improvements to minimize perceived degradation. A report from EV analytics firm Recurrent indicates that most EVs lose very little usable range over time. Strong range retention enhances resale values and reduces risks for used EV buyers, contributing to increased consumer confidence in electric vehicles compared to traditional combustion vehicles.
Read at insideevs.com
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