INDICATA Market Watch_July2024
Online B2C used BEV sales back on the increase
The news about used BEV sales has been negative for some time, but there may be a small glimmer of hope for those retailing used electric vehicles. The online B2C used vehicle in June saw BEVs account for 5.30% of sales for all vehicles and 5.51% of the passenger car market, which are the highest market shares for used BEVs on our records. After slumping to 4.01% of the total vehicle market in January, BEVs have been creeping up every month of 2024, and this trend looks set to continue as prices continue to fall.