Used EVs Are Selling Faster Than Gas Cars or Hybrids

Shoppers in the market for a used car are reportedly shifting toward electric powertrains.

The Core Event

A report from iSeeCars claims that EVs are the quickest-moving cars in the used-car market compared with their gas and hybrid counterparts, despite a higher price point than last year.

Key Facts

The report studied over 1.5 million cars between one and five years old to find trends in the current used-car market.

Context & Significance

A report from iSeeCars claims that EVs are the quickest-moving cars in the used-car market compared with their gas and hybrid counterparts, despite a higher price point than last year.

Outlook

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