Action is needed to close the gap between supply and demand for used EVs, according to the BVRLA.
The rental and leasing industry body said that together with industry representatives, it was directly engaging with policymakers and key governmental departments, in sessions intended to explore how the industry and the government can work together on measures that will accelerate adoption of used EVs and bring long-term stability to the market.
This comes as part of the BVRLA’s Used EV Week, an awareness campaign exploring the current state of the market and how it can make EVs more accessible to more drivers.
BVRLA head of communications Adam Forshaw said: “The used vehicle market is four times the size of its new counterpart. For the transition to zero-emission vehicles to work, all road users need affordable access to cleaner, greener vehicles that meet their needs.
“Used EV Week is highlighting the vital role that the used vehicle market plays in the transition.
“Driven by vehicle leasing companies and their fleet operator partners, uptake of new electric vehicles continues to rise. Those vehicles all end up in the used market.
“We have a collective responsibility to make sure that customers have confidence in what they are getting, understand the technology, and can fund the vehicle in an affordable way.”
