Tendencias y Estudios / Convergencia y sostenibilidad

Going electric: how everyone can benefit sooner

Our new report, Going electric: how everyone can benefit sooner highlights that the way to address this disparity is through more rapid growth in the used electric car market.

The car market as a whole is dominated by second hand vehicles, roughly eight million used vehicles are sold each year compared to around two million new cars. Government figures show that low income households spend up to twice more on purchasing or loaning used cars than on new cars.