Concerns Among Buyers Highlight Challenges for Second-hand EV Market

Thursday, 6 June 2024, 06:28
In a recent survey, three out of four drivers reveal 'serious concerns' when considering purchasing a pre-owned electric vehicle, with battery-related worries taking the top spot. This hesitancy is impacting retailers, leading to a surplus of used EVs that are not in high demand among buyers. The industry is facing challenges in addressing consumer apprehensions and boosting confidence in the second-hand EV market.
https://store.livarava.com/c336ae65-23cf-11ef-a40e-9d5fa15a64d8.jpg
Concerns Among Buyers Highlight Challenges for Second-hand EV Market

Concerns About Second-hand EVs

Hesitancy to buy EVs could already be hitting retailers, as used car dealerships are forced to deal with increased stock that a limited number of customers want to buy.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe