Likewise US and rest-of-world are different markets because of trade barriers.
Within the EV market segment, the resale value may be plummeting because new car prices are declining because of improved technology and higher volume. Someone who is replacing their EV or looking for a new one already has the required charging infrastructure, otherwise they wouldn't be looking. But this price drop affects only other EV buyers, because ICE buyers cannot take advantage of it.
This insulation lasts only as long as the price differential between them remains less than the capital costs of getting a L2 charger and associated electrical upgrades.
Why is charging at slow speed at home such an issue for you?
So, while the batteries may last 800,000 km, people start to discount the replacement cost before they even hit 200,000 km.
Consumers do not have even experience yet to value used EVs properly. It is a great time to be a used EV buyer.
> ICE are stagnant. They retain their value because they're not improving at all.
This doesn't make sense. As already pointed out, the reason computers lose value is because the same money can buy something that does the job better (faster, lighter, etc). ICE don't retain value because they're not improving; they retain value because they still do the same job X years later.
EVs, meanwhile, are losing value even though the same money as a used EV can't buy anything that actually does the job better, as pointed out earlier in the thread. So there must be something else in play (such as battery degradation lowering value of EVs quicker than engine wear & tear lowers value of ICEs).