What's Happening?
Electric vehicle (EV) adoption in the U.S. is on the rise, with used EV sales showing significant growth despite uneven sales figures for Tesla. A report from Recurrent indicates that used EV sales increased by 35% in 2025 compared to the previous year,
with December sales up 10.2% year-over-year. The report suggests that dealerships should capitalize on the growing inventory of used EVs, with a significant portion priced under $30,000. Tesla maintains a strong presence in the pre-owned market, accounting for 30% of inventory. Improvements in battery technology and charging infrastructure have contributed to high customer satisfaction, with many EV owners expressing willingness to purchase another EV.
Why It's Important?
The growth in used EV sales highlights a shift in consumer behavior, as more buyers opt for affordable pre-owned electric vehicles. This trend suggests that the market for EVs is expanding beyond early adopters to a broader audience. The increase in used EV sales also indicates that concerns about the end of federal tax credits may not have a lasting negative impact on EV adoption. The data reflects a growing acceptance of electric vehicles as a viable alternative to internal combustion engine vehicles, driven by improvements in technology and infrastructure.
What's Next?
As the used EV market continues to grow, manufacturers may need to adjust their strategies to compete with the appeal of affordable pre-owned options. The focus may shift towards enhancing the value proposition of new EVs to attract buyers. Additionally, the expansion of charging infrastructure and continued advancements in battery technology will be crucial in supporting the ongoing growth of the EV market. Policymakers and industry stakeholders will likely continue to explore incentives and initiatives to further promote EV adoption and address any remaining barriers.
