Weekly Wrap: Where do EV batteries fit into auto finance?

Last week’s Auto Finance Innovation Summit brought the nation’s top lending and leasing executives together to discuss the changing role technology plays in the customer journey. And while many agreed that antiquated legacy systems pose a barrier to innovation, the increased use of data and analytics, connected car technology, and auto finance’s role in electric vehicle adoption present significant opportunities for the industry to leverage technology. But how should lenders start thinking about EV batteries as they relate to residual values, and what barriers might auto financiers encounter as they try to leverage data and analytics? This, and more, in this week's episode of the Weekly Wrap.