When combined with hybrid electric vehicles (HEVs), which saw a 39.3 per cent jump to 306,114 units, electrified vehicles now represent a 7.7 per cent share of the used car market.
Surge in used EV sales powers used car market growth The UK’s used car market has seen a huge boost, with a rise in electric vehicle sales leading the charge.
Figures for the new car market in January saw a further increase in share for EVs, up to 21.3 per cent of sales, a 41.6 per cent increase on the previous year.
A standout contributor to this growth was the surge in demand for pre-owned electric vehicles (EVs), which saw a remarkable 57.4 per cent rise, reaching 188,382 units and capturing a 2.5 per cent share of the market.
The UK’s used car market saw a 5.5 per cent increase in sales in 2024 with a total of 7,643,180 vehicles changing hands.
