EVsForbes Innovationabout 7 hours ago
Used EV Demand Surges As Gas Prices Rise
1 min read
Used Tesla, Rivian, and Bolt EV demand has surged as gas prices spiked. Cox Automotive reported 42,080 used EV units sold in April, up 16.7% year over year. CarGurus noted a 49% increase in used EV listing views between March and mid-May. Tesla led used EV sales with 16,174 units sold through non-Tesla dealers. Used EV prices have risen due to sustained high gas prices and increased demand.
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