Used EV Market Expected to Grow as Countries Transition to Electric Vehicles

As countries worldwide transition away from fossil fuel-powered vehicles in favour of electric alternatives, the used EV market is expected to rapidly pick up pace. While the uptake of EVs has been relatively niche until recently, the stockpile of used EVs is steadily growing, as early adopters upgrade to EVs offering innovative, new technologies, such as more efficient batteries.

Just as in the traditional car market, those who cannot afford a shiny new EV will likely turn to the used EV market to follow the electrification trend without spending a fortune. At the EV summit 2023 in Oxford this month, the lead of U.K. sales and deliveries at Tesla, Michael Oates, emphasised the important role he expects used EVs to play in the transition away from internal combustion engine ICE cars. Oates stated, “Once the early adopters have adopted, we need to start getting in front of new audiences, those who haven’t necessarily considered an electric car as their next purchas

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Mercedes And BMW Unleash New EVs For Chinese MarketMercedes and BMW are unveiling new electric vehicles with advanced features and longer ranges, targeting growth in China and challenging industry leader Tesla.
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »

Used Car Market In Turmoil As Prices Collapse And Demand WanesUsed car prices have recorded their biggest plunge ever, falling below pre-COVID levels.
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »

La Liga make complaint about state funding being used to distort the marketPSG in firing line, maybe Newcastle and Man City as well? La Liga make complaint about state funding being used to distort transfer market.
Herkunft: NUFCTheMag - 🏆 124. / 51 Weiterlesen »