Record Used EV Sales as UK Market Balances Supply and Demand

Sales of EVs in May reach ‘record’ high with prices ‘stabilising’

Sales of used BEVs hit a record high in May according to the latest Indicata UK Market Watch used car insights report. Used BEV sales accounted for 6.34% of total retail used car sales up from 6.28% in early April, while BEVs as a percentage of total dealer retail stock remained at a record high of 7.5%. The UK remains the only other country in Europe alongside Denmark where the balance of used BEV sales and stock are comparable with one another…

Record used EV sales as UK market balances supply and demand

Used BEV sales hit a new high in early May, with demand continuing to strengthen and prices showing signs of rare stability, according to Indicata.