Electric cars may be the future, but their resale value is stuck in reverse. According to investment banker Sarthak Ahuja, used EVs are depreciating twice as fast as their petrol-diesel counterparts—and the battery is to blame.

In a LinkedIn post aimed at prospective buyers, Ahuja warns that EVs lose around 42% of their value within two years, compared to just 20% for traditional fuel vehicles. “You get a much poorer resale value and the depreciation on the car is much higher as an EV,” he wrote. Advertisement

The culprit? Battery uncertainty. EV batteries make up 30–40% of a vehicle's total cost, but buyers in the used market have no standard way to assess their health. “There is no true battery health meter... every manufacturer uses their own software,” Ahuja noted, calling out the l

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