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When you talk about Minivans, you will know that there is a stigma around them. Although many people do not consider them cool vehicles, minivans have always been the safest choice for families with multiple children and people who prefer safety over looks.
But it is 2024, and all safe vehicles are not boring. So today, people need to change their perspective about minivans and stop asking questions if minivans still hold their value.
That is because the upcoming electric minivans have come in a much better avatar in the electric vehicle community. Not only this, but these vehicles are offering high-tech features and luxurious interiors, changing people’s perspective about minivans as basic family vehicles. Continue reading the blog to get the answer to the burning question: “Do minivans hold their value or not?”
Just like every other car in the automotive industry, minivans also have some advantages and drawbacks. The only thing is that many people are not very familiar with the advantages of electric minivans. If you are also one of those, worry not! Here are some of these advantages:
Since minivans offer many family-friendly features, the vehicles have always been the top choice for family-oriented people. Another reason why electric minivans are popular among families is that some families have fewer needs and expectations from a car.
For example, they are satisfied with air vents, a cup holder space, optional entertainment systems for backseats, individual bucket seats in the second row that make it easier to separate kids and give them their personal space, and more. Vehicles with such features are usually a cost-effective and safe option for families.
Artificial intelligence is bringing a transformation in almost every industry. In this case, the automotive industry is no exception. If we talk about the usage of AI in electric minivans, you should know that it is not limited to self-driving cars, as it is much more than that. It includes enhanced safety features, increased efficiency, improved driver assistance system (ADAS), Path planning and navigation, etc.
When we compare minivans with other vehicles with almost similar features, we will notice that the minivan’s price is less than that of those vehicles. That is because the minivan’s manufacturing and design do not involve any unnecessary features that will make the car expensive. Simply put, minivans are simple vehicles with basic features, making them a good option for people looking for affordable cars.
Who does not want to have a car which looks sleek and sharp? Well, it’s the same with the minivans. One of the most striking features of almost all-electric vehicles is their looks. Unlike the previous models of these vehicles, the newer models look much better than their older counterparts.
Now that we have discussed some advantages of having an electric minivan, it is time to discuss the upcoming electric minivan models on the market. Here is the list of electric vans that are on the market and electric minivan models that are yet to enter the market:
If you are the type of person who likes to go for small outings with family, then this electric minivan is perfect for you. With electric motors placed in the rear, this minivan gives a maximum output of 150 kW. If we talk about the battery backup, it is 77 kWh of net energy. As a result, the car can drive up to 258 miles without needing a charging station.
Next in our list is Citroën ë-SpaceTourer. This is a great noise if you are looking for a car that provides a smooth start as in this minivan the torque is available on demand. The noise levels are low and so are the jolts. This is designed in such a way that minimum vibrations are felt.
Now what makes it special is low servicing and maintenance cost as compared to its other counterparts on the market. The traction battery has an eight year or 100,000 miles for 70% of its charging capacity guarantee.
One of the most striking features of this electric minivan is its super fast charging. You can charge 80% of its 50kWh battery in 30 min at a public charging terminal. Domestic charging compatible with 8A sockets takes 28 hours to fully charge.
Launched in the autumn of 2023, Volvo is a famous brand that has made its way to our list due to its features and the fact that this is a 6-seater vehicle. It is a fully electric Volvo EM90 premium MPV. It has a signature Scandinavian design, which brings 96 years of experience in safety without compromising on cutting-edge technology.
Now let’s talk about its specs. EM90 has a range of 738 kilometers when tested on a CLTC testing cycle. It comes with a 116 kWh battery with a charging time of 30 minutes, which charges up to 10 to 80 percent. Its powerful e-motor has a 200kW power output and can accelerate 0 to 100 km per hr in 8.3 seconds.
Zeekr 009 is the future of electric-powered vehicles. The reason? Its over-the-top features are giving hard competition to its competitors. But the question is, did features alone create so much hype for Zeekr 009? No! One of the most striking features of this MVP is its looks. It looks like it has come right from the future. But this is not just a pretty car. Features and functions are remarkable as well.
It is designed to keep a low drag coefficient, which, in turn, improves its performance in the long run. It has intelligent multicolor lighting and first-class airline seats. It has 7.4 square meters of generous interior space and a low noise count of 64.5 dB when driving at 120km/hr.
Now, let’s talk about its performance. It can go 0 to 100km/h in 4.5 seconds, its 140kWh battery is the world’s first produced with a CTP 3.0 Kirin battery. It has a maximum range of 822 km in a CLTC cycle.
In conclusion, it is safe to say that minivans only hold their value when they are well-maintained. Otherwise, just like any other vehicle, minivans are depreciating assets that lose their value with time. But remember, electric minivans are known for their best mileage and affordable pricing compared to SUVs.
But at the end of the day, whether the vehicle is electric or non-electric, its value will depreciate by 10% every year. That means after five years, the value of both electric and non-electric vehicles becomes half of their original price.