Tuesday, 02 January 2024 12:17 GMT

What Buyers Need To Know Before Purchasing Used Evs


(MENAFN- Investor Brand Network) Used electric vehicles are suddenly the most searched categor in Australia's second-hand car market, and the timing is no coincidence. Fuel costs have crossed thresholds that are genuinely changing purchase behavior. The used EV segment was already building momentum well before prices at the pump became a daily grievance. Pickles, one of the country's largest automotive auction platforms, has seen triple-digit growth in EV-related searches over the past month alone.

While the discussion above centered on the Australian auto market, similar trends are likely to become apparent in other major global markets like the U.S. where electric vehicle makers like Lucid Motors (NASDAQ: LCID) are...

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