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independent.co.uk

Used EV Sales Surge in UK

Record sales of used electric vehicles in the UK are driving the used car market growth, but challenges remain.

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English

United Kingdom

Climate ChangeEnergy SecurityElectric VehiclesUk EconomyAutomotiveMarket GrowthUsed Cars

Society Of Motor Manufacturers And Traders (Smmt)Auto TraderMotorway.co.ukDepartment For Transport

Mike HawesIan PlummerJames Wilson

What was the performance of the new car market in October?: Despite the positive trend in used EV sales, the new car market saw a 6% decline in October, according to SMMT. This highlights the importance of maintaining a healthy new car market to support the growth of the used car sector and EV adoption.
What are some of the concerns regarding the used EV market?: The growth in used EV sales is a positive sign for the UK's transition to electric vehicles, although concerns remain about charging infrastructure and battery health. The market share of pure electric used cars increased from 1.8% to 2.7% during the period.
How did the sales of other types of used vehicles perform during the same period?: Sales of used hybrid and plug-in hybrid vehicles also saw significant increases, up 35.8% and 29% respectively. Meanwhile, petrol car sales increased slightly, while diesel car sales decreased.
What measures is the UK government taking to support the transition to electric vehicles?: The UK government is committed to supporting the transition to electric vehicles and has announced over £300 million in funding to encourage uptake. However, the SMMT urges a review of support and regulations to maintain consumer confidence and prevent a decline in the new car market.
What is the percentage increase in used electric vehicle sales between July and September?: Used electric vehicle (EV) sales surged 57% between July and September, reaching record levels of 53,423 units according to the Society of Motor Manufacturers and Traders (SMMT). This increase is attributed to strong consumer demand and the rising affordability of used EVs.

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