Almost two thirds of dealers (64%) say consumer demand for used electric vehicles (EVs) is improving, new research shows. This is the highest result since the question was first included in the monthly Startline Used Car Tracker in May 2024. Paul Burgess, CEO at Startline Motor Finance, said, “This figure was just 50% last month and as low as 45% in our … [Read more...]
Used EV demand continues rising
It is positive to see that, following the best first half-year performance since 2019, the used car market has continued to demonstrate robust growth in this quarter, despite challenging conditions, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. The used car market experienced growth of 4.3% between July and September, … [Read more...]
Pure EVs charging with fleets but not private buyers
Battery electric vehicles recorded their best start to the year, with more than 100,000 BEVs sold in the UK already in 2024 – the earliest in the year this milestone has been achieved. According to the latest Electric Car Count from New AutoMotive, sales rose more than 10% on April 2023 – with upmarket manufacturers BMW, Audi and Mercedes performing … [Read more...]
