A Deeper Analysis of Lower Current Sales of Used EVs

January 2, 2024 10:49:36

Car dealers across the United States are reporting a notable decline in secondhand electric vehicle sales. With the electric vehicle industry now older than a decade, the market is seeing an influx of used EVs from early adopters trading in their cars for modern EVs or returning to internal combustion engine (ICE) cars.

The secondhand market was expected to help accelerate electric vehicle adoption as it would offer EVs at more affordable prices. Drivers interested in…

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