Demand for alternatively fuelled vehicles (AFVs) outpaced supply in October as newer, younger models hit the market.
A prominent fleet software specialist has called for action to improve residual values for electric vehicles, as the financial exposure of fleets continues to grow.
The UK’s used vehicle leasing market has taken a major step forward, with a 166% year-on-year increase in used car contracts and a surge in leasing activity for second-hand electric vehicles.
The BVRLA’s ‘Used EV Week’ is underway to promote used electric vehicles and close the growing gap between supply and customer demand.
Ayvens Carmarket, Ayvens’ car remarketing trading platform, is introducing state-of-health (SoH) certificates for its used battery electric vehicles in Europe to help build buyer trust and confidence.
Demand and prices for used hybrids continue to grow, making them the standout powertrain type, Autorola UK has reported.
The Electric Car Scheme has reported a 300% rise in demand for second-hand electric cars on salary sacrifice on the back of lower prices and increased availability.
Almost half (45%) of trade buyers say they have avoided bidding on an EV due to a lack of information regarding its battery health.
A lack of access to home charging is the biggest objection given by drivers considering a used electric vehicle, new research shows.