Demand for electric vehicles drives higher used-car sales
Sales of used electric cars rose 81.1 per cent between April and June, compared with the same period last year
A surge in demand for electric vehicles is driving the UK's second-hand car market, according to the Society for Motor Manufacturers and Traders.
During the second quarter of this year 1.83 million cars changed hands in Britain, a 4.1 per cent increase on the same April to June period last year.
Within that, 31,000 used battery electric cars were sold, which is an increase of 81.8 per cent. EVs now account for 1.7 per cent of the used-car market.
“It's great to see a recharged new car sector supporting demand for used cars and, in particular, helping more people to get behind the wheel of an electric vehicle,” said Mike Hawes, chief executive of the SMMT.
“Meeting the undoubted appetite for pre-owned EVs will depend on sustaining a buoyant new-car market and on the provision of accessible, reliable charging infrastructure powered by affordable, green energy.
“This, in turn, will allow more people to drive zero [emission cars] at a price point suited to them, helping accelerate delivery of our environmental goals.”
That will not last because most people do not want them and see them as too expensive
https://www.pewresearch.org/short-reads/2023/07/13/how-americans-view-electric-vehicles/
https://www.thedrive.com/news/evs-are-piling-up-on-dealer-lots-as-supply-outpaces-demand