Rising demand: china's second-hand NEV market picks up...
China News
February 8, 2024
In China, the market for used new energy vehicles (NEVs) is rapidly expanding, with sales reaching 763,000 units last year alone, marking a 42 percent increase from the previous year. This surge in demand underscores a growing preference among car shoppers for pre-owned electric and hybrid vehicles. Dealers in the used car industry have witnessed this trend gaining momentum over recent years, reflecting a shift towards more sustainable transportation choices.