As countries worldwide transition away from fossil fuel-powered vehicles in favour of electric alternatives, the used EV market is expected to rapidly pick up pace. While the uptake of EVs has been relatively niche until recently, the stockpile of used EVs is steadily growing, as early adopters upgrade to EVs offering innovative, new technologies, such as more efficient batteries. Just as in the traditional car market, those who cannot afford a shiny new EV will likely turn to the used EV market to follow the electrification trend without spending…
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