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Used EV demand rising

Posted on - 11 Sep 2019

Category - News & Views

With new EV prices  still a long way above mass-market ICE prices, some buyers are looking towards used car markets to source electric and hybrid vehicles. A study by US used car seller Sift suggests that EVs tripled their share of sales in H1/19 to 4% and, if Hybrids are included, EVs have a 20% market share. This is a relevant number because in 2018 Americans bought 17.3m new cars and 40.2m used ones...

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