Sales of used electric vehicles are surging in the US as models bought during a post-pandemic boom flood back onto the market, offering prospective buyers relief from a sharp rise in petrol prices.
First-quarter used EV sales rose 12 percent compared with the same period last year and 17 percent on the previous quarter, according to Cox Automotive estimates. Sales of new EVs in the first quarter are estimated to have slumped by 28 percent year on year fo …
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Author: Christian Davies, Financial Times
Used EV sales spike alongside gas prices
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