EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living

The secondhand demand for used EVs is supported by their better-than-expected battery life, according to Pickles Auctions. Photograph: James Ross/AAP The secondhand demand for used EVs is supported by their better-than-expected battery life, according to Pickles Auctions. Photograph: James Ross/AAP Electric vehicles EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living The appeal of electric vehicles is financial as much as environmental for many drivers

Jonathan Barrett Business editor Fri 16 Oct 2026 15.00 BST Last modified on Fri 16 Oct 2026 15.01 BST Share Prefer the Guardian on Google T he electric vehicles were splattered after a concrete spray incident, but repairable. Eager to recoup their costs, insurers sent the 40 BYD vehicles to an auction run by asset sales company Pickles in late March.