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Used EV Market Booming as New EV Sales Decline | EV Sales See Mixed Performance: Ford Declines, GM Surges, Hyundai Dips | Used EV Market Booming as New EV Sales Decline | EV Sales See Mixed Performance: Ford Declines, GM Surges, Hyundai Dips

Electric Vehicles / Market Trends

Used EV Market Booming as New EV Sales Decline

While new electric vehicle sales have experienced a downturn, the used EV market is surging. This shift is influenced by several factors, including the expiration of tax credits, an influx of off-lease EVs, and rising gas prices, making use...

Used EV Market Booming as New EV Sales Decline Image via 6abc Philadelphia
Driving into the Future: Surge of off‑lease electric vehicles expected to drive down used EV prices
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