Value retention of electric cars compared to overall car market for major regions, 2021-2025

Sources

IEA analysis based on Autovista, Blackbook, Cox Automotive and Iseecars (for 2025 estimate) and CADA.

Notes

BEV = battery electric vehicle; PHEV = plug-in hybrid electric vehicle. The retention rate is a metric used in second-hand technology markets that represents the value of the vehicle when being resold in relation to the value when originally purchased. A retention rate of 70% means that a product purchased new will lose 30% of its original value, on average, and sell at such a discount relative to the original price. Monthly sales volumes are not available for all markets, making the calculation of a sales-weighted average annual retention rate impossible; instead, the retention rate shown is for the last month of each year. For the United States, 2025 values are estimated due to a lack of data availability. The retention rates shown in the figure could not be corrected for average age of the sales.