Electric Vehicles: Secondhand Goods
The question
To ask the Secretary of State for Transport, what plans her Department has to support buyers of second-hand electric vehicles.
Answered by Lilian Greenwood
Used battery electric vehicle (EV) sales are growing rapidly. According to industry statistics, in 2024 the number of used EVs sold grew 57% compared to 2023. Growth is expected to continue as more and more EVs come onto the used market in the coming years.
The Government will continue to work closely with industry to monitor the health of the used market and residual values. We keep all policies under review, to ensure the EV transition takes place in an equitable and fair manner.
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