See every side of every news story
Get Started
SubscribeLogin
Pope Francis
Donald Trump
Vladimir Putin
Elon Musk
Israel-Hamas Conflict
Basketball
Premier League
Immigration
CPAC
Vatican
Wrestling
Baseball
Published • loading... • Updated

Used electric car market gains momentum as drivers search for cheaper options to petrol and diesel vehicles

Summary by GB News
Sales of used electric cars have hit record highs with the UK witnessing a rapid increase in market share in the past year as drivers take interest in switching away from petrol and diesel vehicles.The latest reports found that 188,000 vehicles changed hands in 2024 representing 2.5 per cent of total used car sales, up from 1.7 per cent in 2023, according to new data from the Society of Motor Manufacturers and Traders.The milestone comes as the …

12 Articles

All
Left
Center
Right
1
GB NewsGB News

Used electric car market gains momentum as drivers search for cheaper options to petrol and diesel vehicles

Sales of used electric cars have hit record highs with the UK witnessing a rapid increase in market share in the past year as drivers take interest in switching away from petrol and diesel vehicles.The latest reports found that 188,000 vehicles changed hands in 2024 representing 2.5 per cent of total used car sales, up from 1.7 per cent in 2023, according to new data from the Society of Motor Manufacturers and Traders.The milestone comes as the …

·London, United Kingdom
Read Full Article
wiredfocus.comwiredfocus.com

Surge in used EV sales powers used car market growth - The Independent - WiredFocus

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails The UK’s used car market saw a 5.5 per cent increase in sales in 2024 with a total of 7,643,180 vehicles changing hands. A standout contributor to this growth was the surge in demand for pre-owned electric vehicles (EVs), which saw a remarkable 57.4 per cent rise…

Read Full Article
electricdrives.tvelectricdrives.tv

Used electric car sales surge in the UK, up 57.4% year-on-year

The used electric car market in the UK reached record high demand in 2024, according to the latest statistics from the Society of Motor Manufacturers and Traders (SMMT). Across 2024, approximately 188,382 fully-electric cars (BEVs) swapped hands on the used markets, marking an impressive 57.4% year-on-year rise from 2023’s figures. Overall, BEV’s share within the used car market for the year stood at 2.5% – rising to 2.7% for Q4 alone. However, …

Read Full Article
nybreaking.comnybreaking.com

Number Of Cars Used That Changes From 5.5% Last Year, Because The Second-hand EV Market Comes To Life

The market for used cars from Great Britain registered a bumper year with second-hand EV sales increase. The sale of the cars used increased by 5.5 percent 2024, the latest figures from the Society or Motor manufacturers and traders show. In the course of 2024, a total of 7,643,180 used vehicles changed ownership and electric cars saw an increase in demand. The EVS turnover used increased by 57.4 percent to take 2.5 percent of the total market. …

Read Full Article
TechregisterTechregister

UK used electric vehicle sales hit record last year as prices fell | Electric, hybrid and low-emission cars - Techregister

A record number of used electric vehicles (EVs) were sold in the UK last year, as prices eased and the choice of cars widened, according to industry data. Total sales of used cars rose by 5.5% in 2024, as 7.6m vehicles changed hands, according to the Society of Motor Manufacturers and Traders (SMMT). Sales rose in every month last year, as they did in 2023. Secondhand EVs were more in demand than ever, as consumers and businesses acquired 188,38…

Read Full Article
London Loves BusinessLondon Loves Business

Used electric cars sales hit record highs - London Business News

New figures by the Society of Motor Manufacturers and Traders (SMMT) said that sales of pure used electric cars hit a record market share in 2024, this represents 2.5% of… The post Used electric cars sales hit record highs appeared first on London Business News

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Nation.Cymru broke the news in Wales, United Kingdom on Monday, February 10, 2025.
Sources are mostly out of (0)

Similar News Topics

Electric Vehicles

Electric Vehicles

Auto

Auto

Taxes

Taxes

United Kingdom

United Kingdom

News
For You
Search
BlindspotLocal