The production of new electric cars is expanding, but the increase in production costs causes higher prices, so new electric cars have become less available to more customers. Some countries, such as China, use subsidies to help manufacturers be more competitive in the market, making their cars more accessible to more customers. But what about used electric cars?

At the Oxford EV Summit, Tesla UK Sales and Delivery Manager, Michael Oates, spoke on the topic of used electric vehicles and their position in the future. He believes that used electric vehicles will play an important role in the transition to sustainable forms of transportation.

“After the early adopters of electric cars, we need to start getting in front of those for whom an electric car is not necessarily a choice for their next (car) purchase. That’s why I believe used cars are absolutely crucial to ensure that as many people as possible can experience owning and driving an electric car, ” said Michael Oates.

According to Cox Automotive, demand for used electric vehicles in the US is on the rise, primarily due to their cost. In the UK, sales of used electric vehicles rose by 81 percent to 30,645 units.

Certainly, anyone who wants to buy an electric car in the future should also consider buying a used EV.

Source: CNBC