BCA data shows strong demand for used EVs despite industry caution
British Car Auctions (BCA) reports that used electric vehicle (EV) activity in the UK reached record levels in August, with EVs outperforming petrol and diesel models. BCA said EVs showed the highest rate of first-time conversions and the best performance in both monthly and live CAP evaluations. The firm noted this trend despite industry concern over residual values for used EVs. The concern follows the UK Government’s introduction of the Electric Car Grant on 15…