Dealer Auction saw a significant increase in the listing and sale of used hybrid and electric vehicles (EVs) in July as dealer interest in alternative fuel vehicles surged.
The platform reported an 8% month-on-month rise in the overall number of EV and hybrid models listed, accompanied by a 19% increase in bids. Interest in EVs was particularly strong, with sales jumping 23% compared to June.
According to Dealer Auction’s latest EV Performance Report, the average sold price for EVs and hybrids reached £14,877, a 4% increase from June and 7% above the H1 average. The number of bids on alternative fuel vehicles (AFV) also rose by 17% compared to the H1 average.
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Author:
Aimee Turner
Deputy editor
AM deputy editor Aimée Turner has been a specialist B2B editor and journalist covering the international transportation sector for more than 20 years.
She has specialised in the significant safety, regulatory, and environmental issues that impact advanced technology businesses in the pursuit of more efficient, safer and sustainable transportation modes.
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