> sell them at around 25% of their original value
This does not seem likely as even by adding this many cars to the market, there’s no way they would sell at 25% of value unless there’s shenanigans.
This will now be a prime example of how silly the cutting Federal spending narrative is.
From the article "Furthermore, selling 25,000 EVs would flood the market"
From https://www.kbb.com/car-news/america-set-ev-sales-record-in-... "Americans bought 1.3 million electric vehicles (EVs) in 2024,"
Would 25.000 cars, 2%, really flow the market? I couldn't find number of used EV sales.