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The Depreciation of Electric Cars That Have Devalued Has Been a Hot Topic. Check Out 10 Models That Experienced Significant Losses in Value in Brazil Over the Last Year, According to Market Data.
The electric car market in Brazil is on the rise, but one factor that still generates much discussion is depreciation. As these electric cars that have devalued have not yet captured the interest of all consumers, the loss in value can be a considerable problem for the first owners.
This article presents a list of 10 Electric Cars That Have Devalued Significantly in Brazil Over the Last Year, detailing the models, their features, and the values involved in this devaluation.
Models with Notable Depreciation: Fiat 500e, JAC iEV330P, and BMW i3
Fiat 500e Icon 2022
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This electric Italian compact arrived with a modern and charming look. It features a 118 horsepower motor, a 42 kWh battery, and an urban range of 227 km (Inmetro). In April 2024, a 2022 model cost R$154,499. Today, it sells for R$134,612, losing R$19,887.
JAC iEV330P
The JAC electric pickup truck had weak sales performance. With a simple design, a 150 horsepower motor, a 67.2 kWh battery, and a range of 320 km (Inmetro), it was priced at R$309,539 in April 2024. Currently, it costs R$275,640, depreciating R$33,899.
BMW i3 Full 2022
With a futuristic design and suicide rear doors, the i3 was one of the electric pioneers in Brazil. It has a 170 horsepower motor, a 42.2 kWh battery, and a range of up to 335 km (Inmetro). In April 2024, the Full 2022 version was valued at R$214,232. Today, it is at R$165,181, a loss of R$49,051.
More Electric Cars That Have Devalued: Chevrolet Bolt EUV, Renault Megane E-Tech, and Nissan Leaf
Chevrolet Bolt EUV 2023
More modern than the conventional Bolt, the EUV has suffered significantly in resale. It features an SUV style, a 203 horsepower motor, a 66 kWh battery, and a range of 377 km (Inmetro), but it can reach almost 450 km (WLTP). It was discontinued after about a year on the market. In April 2024, a 2023 model cost R$242,870. Today, it is worth R$188,080, depreciating R$54,790.
Renault Megane E-Tech 2024
Launched with high expectations, the Megane E-Tech imported from Europe disappointed in the used market. It has a modern design, a 220 horsepower motor, a 60 kWh battery, and a range of 337 km (Inmetro). In April 2024, the 2024 model was priced at R$251,937. Currently, it costs R$184,831, a loss of R$67,106.
Nissan Leaf 2023
A pioneer in Brazil, the Leaf has aged poorly, especially with the arrival of Chinese competitors. It features conservative design, a 149 horsepower motor, a 40 kWh battery, and a range of 272 km. In April 2024, the 2023 model (last year) was valued at R$205,200. Today, it is at R$136,721, depreciating R$68,479.
Luxury and Technology Also Declining: Volvo C40, Mercedes-Benz EQA, BYD Tan, and BYD Han
Volvo C40 Twin Ultimate 2023
This coupe SUV stands out with a modern look and two electric motors totaling 408 horsepower. It features a 78 kWh battery and a range of 420 km. In April 2024, a top-of-the-line 2023 model cost R$323,745. In April 2025, the value is R$250,861, a loss of R$72,884.
Mercedes-Benz EQA 250 2023
Regarded as an electric GLA, the EQA has an elegant design. It offers 190 horsepower, a 66.5 kWh battery, and a range of 304 km (Inmetro). In April 2024, it was priced at R$398,775. Today, it sells for R$311,333, losing R$87,442.
BYD Tan EV 2023
The huge Chinese SUV impresses with its size and luxury. With two electric motors (517 combined horsepower) and an 86.4 kWh battery, it has a range of 309 km (Inmetro), but BYD claims more than 437 km. In April 2024, a 2023 model was valued at R$423,681. Currently, it costs R$334,630, a depreciation of R$89,051.
BYD Han 2023
The premium sedan from BYD, the brand’s most expensive model, has not performed well in the used market. It shares the mechanical set of the Tan (517 horsepower, torque of 71.4 kgfm) and has an 85.4 kWh battery (range of 349 km Inmetro, 512 km BYD). In April 2024, a 2023 model cost R$464,156. Today, it is at R$334,630, leading the list with a loss of R$129,526.
Why Have Some Electric Cars That Have Devalued So Much in the Brazilian Scenario?
The significant depreciation of some Electric Cars That Have Devalued in Brazil can be attributed to a combination of factors. As mentioned in the introduction, the general public’s interest in electric vehicles is still not fully consolidated. This creates lower demand in the used market, pushing prices down.
Additionally, the rapid technological evolution in the electric segment, with frequent launches of models with greater range and new features, can make relatively new vehicles seem outdated more quickly.
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