Tag: used cars
Demand for used EV surges, despite 6% drop in used car market
Demand for used battery electric (BEV) and plug-in hybrid (PHEV) vehicles continued to grow in Q3, despite an overall drop in used car sales, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Reflecting recent trends in both the new and used markets, transactions rose by 56.4% and 43.3% to…