Probably same reason as here in Australia.

The gas companies have managed to create a multifaceted cult where they’ve brainwashed people into thinking electricity is unclean (despite things like heat pumps being 500% efficient), unreliable and expensive.

Also, it helps that people who paid too much for their ICE cars are scared and they know that their cars will increasingly drop in value as people transition away from gas and fossil fuels.

I don’t see a lot of people worrying about their cars devaluing. Except for the recent blip, most cars devalued fast, and the cars that held value before didn’t retain it because of their utility.

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