Electric vehicles (EVs) are losing value at an “unsustainable” rate as a slowdown in consumer demand sends used car prices tumbling, leasing companies have warned. The British Vehicle Rental & Leasing Association (BVRLA) warned that so-called fleet operators,

Motorists involved in an accident could soon have the opportunity to try an electric car under a new scheme to encourage EV buyers.

SeeCars study. By plummet, we mean they've lost 24.7 percent of their value over the past year, falling four times faster than hybrids and six times faster than gasoline models. Compare that to a 6 percent drop in used hybrid prices and 4.