Forecasting the Residual Value of Electric Vehicles

Forecasting the residual value and performance of electric vehicles (EVs) based on usage patterns.

Electric car

Urban Foresight worked with speacialist software company Route Monkey to develop a new commercially-focused software product that will enable companies to forecast the residual value and performance of electric vehicles (EVs) based on usage patterns.

The product will be aimed at de-risking investments in EVs, enabling planning to optimise fleet renewal strategies and supporting second-hand values by providing an indication of the remaining performance/ life of the battery.

The developed software will be interactive and allow behaviour change during ownership to ensure that the total cost of ownership (TCO) based on resale value, can be optimised.

What We Delivered

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