Sales of Used Electric Vehicles Continue Surging, Data Shows
Sales of used electric vehicles (EVs) continued to rise in July, showing that demand for affordable electric cars remains strong even as the wider new-EV market faces serious challenges. Data from Cox Automotive showed that sales of used EVs increased by 7.7 percent between June and July 2026. Compared with July 2025, sales were 10.1 percent higher. The growth is notable because new electric vehicle sales have struggled during the same period. New EV sales rose only 3.2 percent from June but were still 41.5 percent lower than they were a year earlier. One of the main reasons behind the…