Insight - The latest electric car hurdle: What if you can’t resell it?

There is, of course, the Tesla Inc caveat. Elon Musk’s company has a resale programme that gives buyers a bit of assurance that someone will buy their cars in the future. But most companies can’t afford that, especially as they try to make electric vehicles more affordable while their margins are shrinking

WOULD YOU still buy an electric car if you knew you wouldn’t be able to resell it in the future? That’s the latest hurdle potential buyers are contending with, and it’s bound to become a big driver of demand.

The expenses of owning an electric vehicle have always stood in the way of mass adoption, even in China, which has an extensive subsidy programme.