ReferIndia News The US Used Electric Vehicle Market Is Taking Off. Here's Why

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The US Used Electric Vehicle Market Is Taking Off. Here's Why

Published on: Sept. 27, 2025, 8:30 p.m. | Source: NDTV Profit

While new EV sales in the US are expected to slow drastically when federal purchase incentives up to $7,500 disappear at the end of the month, the market for used electric vehicles has never been hotter. Pre-owned electric cars and trucks in America are now almost as cheap as used gas-powered vehicles, on average, and are selling even faster, according to Cox Automotive, a services and technology company.

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