Tag: used EV
Attention car dealers: you’re selling EVs all wrong! Here’s how you can fix it
Confessions of a frustrated EV buyerAfter years of wanting to be an EV owner (and patiently waiting for prices to drop), a stunning electric blue Hyundai Kona now graces my driveway. Trading in my...
The UK’s used EV market continues to grow in strength, reaching new record highs
Used EV sales jumped 52.6% in Q2 2024, reaching a record 2.4% market share.Mid-aged EVs aged 3-5 years are selling fastest, with a 138% sales increase year-on-year.The used car market is strong, with a...
UK used EV sales jump by over two thirds in Q1
The UK used car market hit a five-year high in Q1 2024 with 1,967,923 transactions, marking 16 consecutive months of growth.Battery electric vehicle (BEV) sales jumped 71.0%, reaching 41,505 units and a record market...
Surge in used electric vehicle sales marks pivotal shift in UK’s automotive market
90.9% growth in used electric vehicle sales, achieving a 5.6% market share in 2023.Government support is still necessary, as dealers predict strong demand and positive trends for used EVs in 2024.2023’s boom in used...
How EV and used car prices are impacting Gen Z’s driving aspirations
UK used car prices dipped 3.7% in November, driven by a 6% drop in younger car prices, notably EVs.Soaring used car costs, up 37%, led to a 9.2% drop in 17- to 26-year-olds holding...
