Ford Credit, GM Financial eye residual value risk amid shift to EVs

OEMs prioritizing EVs consider potential value impact on legacy vehicles

© Can Stock Photo / vlaru

Despite a likely influx of electric vehicles to the market within the next decade, OEMs do not believe the change will negatively impact residual values on internal combustion engine (ICE) cars. President Joe Biden’s recent executive order set a goal that 50% of all new vehicles sold by 2030 in the U.S. would be hydrogen-fuel […]

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