CENN - As UK Ban on ICE Vehicles Looms Demand for Used EVs Soars
More used electric vehicles are flooding the second-hand market as the United Kingdom barrels toward its planned ban on new diesel and petrol cars in 2030. Society of Motor Manufacturers and Traders (SMMT) data shows that used EV sales have grown by 81.8% and now account for 1.7% of the total vehicle market.
Electric vehicles are a key component in global climate change efforts because they do not use dirty fuels. Transitioning to...
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