Study Shows UK Drivers Have Limited Options of Used EVs
A report by Auto Trader has found that the used-vehicle market in the United Kingdom has a shortage of affordable electric cars. According to Auto Trader, just 10,000 of the second-hand EVs on its online marketplace are currently trading at under £15,000 ($19,000), compared to a whopping 350,000 used fossil-fuel cars within the same price range. For the average consumer, the lack of affordable used electric vehicles is a nigh-immovable roadblock to EV ownership. New electric-vehicle prices are still too high for regular drivers and high interest rates coupled with rising living costs have made it even more costly to…
