Demand for used electric cars grows

Second-hand EV sales double in last quarter, so what’s driving used demand as new electric sales falter? A spike in demand for used EVs has been reported by the Society of Motor Manufacturers and Traders, which says the number of pre-owned battery electric vehicles (BEVs) changing hands doubled in the third quarter of this year. A rise of 99.9

Car dealers ‘already seeing drop in aftersales uptake due to increased electric car sales’

Car dealers are being urged to prepare for increased EV sales EMaC predicts those without robust processes will risk losing aftersale revenue It estimates some dealers have already seen aftersales absorption drop 50 to 60% Car dealers are being urged to prepare for the acceleration of EV sales in 2024 by having processes in place

Tips for buying a used EV: Experts say electric is now the fastest selling second-hand fuel type with prices hitting ‘rock bottom’

September saw an end to a year of plunging EV values – experts say it could be a ‘turning point’ for prices Demand is showing signs of recovery because prices are now so low that they’ve become more affordable These are the year-old EVs that are cheaper than their petrol equivalents. Five used EV buying

The world needs cheap electric cars. That spells trouble for big carmakers

In 1913, Henry Ford’s moving assembly line transformed carmaking. Ford’s groundbreaking innovation drastically reduced the time it took to assemble a car, enabling mass production and slashing vehicle prices. More than a century later, carmaking is undergoing a similarly seismic shift. Only this time, Ford Motor Company (F) is scrambling to catch up, rather than

New AutoMotive: Why we’re refusing to throw in the towel and get the UK back on track to 2030

Last week, Rishi Sunak confirmed that he will reverse certain green targets. Amongst several policies that Sunak was willing to cut or delay, the phase out of petrol and diesel cars was put on the chopping block, with a confirmed five-year delay despite the [Conservative] government’s original target. This move is not only unpopular with