In the article “$35,000 Tesla Model 3 Long Range Is One Of The Best EV Deals Right Now,” Forbes reported on the deal Tesla is running on its new Model 3 electric vehicle (EV). The author cited the study led by GW Engineering researchers titled “Battery-Powered Bargains? Assessing Electric Vehicle Resale Value in the United States” to explain why the 300+ mile range makes this EV so appealing to buyers.
Here is an excerpt from the article: “The 300+ mile range EV is the new sweet spot for buyers. Not only because a 300+ mile range EV provides more range confidence for drivers but because it boosts an EV’s resale value, according to a George Washington University study.”
Read the full article on Forbes.