JUST IN: The used electric vehicle market in the United States is moving counter to new models.


Meanwhile, new EV sales have weakened after the elimination of federal tax credits, while the used segment is gaining momentum due to a combination of higher gasoline prices, more units available from expiring leases, and a price gap that is nearly disappearing compared to internal combustion engine cars.
Used electric vehicle sales increased 12% year over year in the first quarter and 17% compared to the previous quarter.#GateSquareAprilPostingChallenge
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