Despite production challenges and a charging network that often still leaves a lot to be desired, the used electric car market is booming. Used EV sales in the first half of 2023 surpassed the majority of new EV sales, according to the latest market report from battery health and data startup Recurrent.
The company reports that in the first half of 2023, 140,000 used EVs were sold in the U.S.; that's more than even the total number of new Tesla Model 3s that were sold in the same time period if you can believe it. For context, a total of 200,520 new Model Ys are believed to have been sold in the first half of 2023.
In terms of other new EVs sold in the first six months of 2023, we have the Chevrolet Bolt coming in next at 33,659 units, followed by the Rivian R1T at 16,452 units and the Volkswagen ID.4 at 16,448 units. In other words, Tesla is still dominating the used EV market as well as the new one in the U.S.
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