Pattaya: Drug crazed man taken down by Nong Prue police
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The EverMaskers - “The people who may never stop masking”
But how many pf those Americans were wearing a mask cause their teeth are bad? -
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Mayor Pete tells dems to stop being A-holes
Maybe. But it doesn't bring on fits of screeching and drooling like Trump. -
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3,073
ICE vs EV, the debate thread
No selective editing as you put it This is because demand for used electric cars is 'struggling to keep pace' with the volume entering the second-hand market at the end of fleet, lease and rental contracts - something that is predicted to increase by 178 per cent over the next three years. An oversupply into a used market lacking EV appetite and riddled with public scepticism means preowned electric cars have lost more than half their value in the past two years, depreciating faster than any other fuel type. A fundamental mismatch of second-hand EV supply and demand has left the fleet sector burdened with unsustainable 'financial pressures,' it continued. This is because fleet operators use residual value predictions to calculate the cost of finance and lease deals for customers. But EV value forecasts from two or three years ago have proved wildly off the mark due to a lack of appetite for second-hand electric cars. As a result, the EVs they've suppled to customers are today worth much less than they originally expected, leaving providers with the realisation of losing thousands of pounds on every electric car they put into the used market. The warnings come four months after This is Money revealed the dramatic depreciation of EVs is creating a 'car leasing crisis' that threatens to push monthly costs higher for customers and force them to run older battery models with shorter ranges. Auto Data Solutions - a specialist automotive consultancy firm - told us in December that there is 'no end in sight for the EV residual values crisis'. Some EVs, originally forecast to retain over 40 per cent of their list price after three years, are achieving sale values in the 20 per cent range, it suggested. On a car with a new list price of £40,000, that's an unexpected loss of over £7,000. This problem has already cost leasing companies 'hundreds of millions of pounds,' it told us https://www.thisismoney.co.uk/money/cars/article-14607043/amp/Plunging-used-electric-car-prices-costing-fleet-operators-hundreds-millions.html
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