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The Current State of the Electric Vehicle Market: A Dive into Recent Developments

In the latest edition of Mgy EV News, we delve into the noteworthy updates and controversies surrounding electric vehicles (EVs) as of April 6, 2025. The tone presents a mix of skepticism and concern around the sustainability and value of current EV offerings, especially in high-end markets.

The Depreciation of High-End Electric Hypercars

A significant point of discussion is the alarming depreciation of the Rimac Nea electric hypercar, which has reportedly lost over 50% of its value just two years after its purchase. Originally priced at approximately $2.1 million, auction estimates suggest that this exclusive vehicle could sell for far less despite its limited usage of only 2,150 kilometers.