Technical Summary
The UK used electric vehicle market has recorded three consecutive months of annual price growth, with three-year-old models seeing a 9.4% increase. Industry leaders note that while consumer demand is rising, further development is required for the used sector to fully support the broader EV ecosystem.
Original Reporting Excerpt
Britain’s used electric vehicle market is showing clear signs of momentum. After years of price correction, consumer demand for used EVs has grown this summer, with used prices having posted three consecutive months of annual growth in Autotrader’s records. However, industry leaders warn that there is more to do before the used market can support... The post Britain’s used EV market builds momentum as three-year-old electric cars post 9.4% price growth appeared first on Electrical Times.
Source: Electrical Times
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