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New Study Faults Companies for High EV Leasing Costs

Battery electric vehicle leases are overly priced, according to a recent T&E study of the used vehicle market. The European leasing deals for battery electric vehicles typically cost 57% more than deals for similar petrol versions. For instance, the monthly lease for a gas-powered Peugeot 208 is 371 euros ($393), while the monthly lease for an electric one is about 574 euros ($609).

The research reveals that the resale price of BEVs is comparable to that of diesel and gasoline vehicles. High lease fees signify a greater expectation that…

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