Used EV Sales up 67% as Demand Rockets
18 Articles
18 Articles
Used electric car sales soar as huge fuel prices impact petrol and diesel vehicle interest
Sales of second-hand cars across the UK have grown in the second quarter of 2026, with more than two million used vehicles changing hands.Fresh data from the Society of Motor Manufacturers and Traders shows that 13,000 more cars were sold in Q2 this year compared to last year.This 0.7 per cent rise in sales marks the first Q2 since 2021 in which volumes surpassed two million units.Year-to-date sales have also increased by 0.2 per cent to 4.025 m…
The domestic imported car market continues its growth trajectory, driven by electric vehicles. Even German brands, which have traditionally been strong in the internal combustion engine (gasoline and diesel) market, have recently shown an increasing share of electric vehicles in their domestic sales. According to the Korea Imported Automobile Association on the 11th, electric vehicles accounted for 49.8% (15,428 units) of new imported passenger …
The sales of electric cars on a global scale observed a remarkable upturn in the second quarter of 2026, a dynamism that contrasts with the fall in world car sales, according to data from the International Energy Agency (IEA).
Used car market returns to growth but challenges lie ahead
The UK’s used car market grew slightly in the second quarter of the year, following a minor decline at the start of 2026. In total, 2,009,318 passenger cars changed hands between April and June, a rise in transactions of 0.7%. After six months of the year, the used car market has remained stable, with a 0.2% rise in sales. This steady rate of transactions is a slower trend than recent years. More drivers may be holding onto their cars for longer…
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