Second-hand EVs are now more affordable than hybrids and diesels

The electric vehicle market has hit a crucial inflection point. For the first time, second-hand EVs are cheaper than their diesel or hybrid counterparts, with prices stabilising after a turbulent few years. Demand for used EVs has surged by 29% year-on-year, reflecting growing consumer confidence.

This shift signals a major opportunity for businesses. Affordable EVs could accelerate corporate fleet transitions and drive sustainability goals at a lower cost. Meanwhile, the price gap between petrol and electric models is narrowing fast, making EV adoption more viable across industries.

With used imports rising and inflationary pressures easing, the market dynamics are shifting. Is your business ready to leverage the changing EV landscape?

Read the full article to stay ahead.