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Used EV demand rising, Indicata reports
['Sean Keywood']
News Archives - Business Car
Demand for EVs from used car buyers is rising, data from analysis company Indicata suggests.
Indicata said its September sales data also supported this finding, with EVs gaining a UK used car market share of 8.2% – a rise from 7.6% in July.
Indicata said the UK remained generally short of used cars due to restricted new car sales in 2021 and 2022.
Head of sales Dean Merritt said: “Our wholesale MarketPlace used car platform has seen dealer used EV demand rise throughout the summer to cater for a growing consumer demand.
“The industry has been looking to a strong September new car market to help kick start a growth in used car volumes.
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