Used electric vehicle sales surge to new record high

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"Used electric vehicle sales have reached an unprecedented level in the UK, signalling a significant shift in consumer preference. Figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that 80,614 pure battery electric cars were sold between July and September. This represents a 4.0 per cent market share, a notable increase from 2.8 per cent during the same period last year. Overall, the used car market saw 2,021,265 transactions in the third quarter, marking a 2.8 per cent rise year-on-year."

The Independent requests donations to fund on-the-ground reporting across topics from reproductive rights to climate change and Big Tech, and chooses not to lock content behind paywalls to keep journalism accessible. Donations support sending journalists to speak to both sides and producing documentaries such as 'The A Word'. In the UK, used electric vehicle sales reached unprecedented levels, with 80,614 pure battery electric cars changing hands between July and September and a 4.0% market share versus 2.8% a year earlier. Overall used car transactions rose 2.8% to 2,021,265 in the third quarter. SMMT chief Mike Hawes warned that proposed company car tax changes to employee car ownership schemes could close those schemes and jeopardise the transition to electric motoring.

Read at www.independent.co.uk