Britain's electric vehicle (EV) market has been a major success story in recent years, with sales skyrocketing as consumers increasingly turn to eco-friendly alternatives. However, a new challenge has emerged in the form of a surge in second-hand EV prices, which are now outpacing those of their petrol-powered counterparts. According to a report, the used car market is experiencing a significant shift, with older EV models selling for significantly higher prices than their pre-EV boom values. As the UK's EV market continues to grow, this trend raises questions about the long-term sustainability of the industry and whether it will remain accessible to the average consumer.
Britain’s EV boom hits second-hand bump in the road Financial Times
