A lot of people are buying used EVs

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 22 April 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

As the market for electric vehicles matures in the United States, sales of used EVs are climbing. They grew 39% year-over-year in March, according to data from Cox Automotive. Today, we hear how a used EV dealership in New Hampshire has experienced growth — and navigated market swings. And later in today's program: why a California public public school district is offering an elite athletic training program.

Transcript

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1:01.1	A lot of people are buying electric cars used. I'm David Brancaccio in Los Angeles. Later today, electric
1:09.6	vehicle maker Tesla is set to report sales and profits for the first three months of this year. Tesla's stock is down 44% year so far, so the prognosis for today is not good. Part of this is concerned about CEO Elon Musk's role in the Trump administration, and part of it is Tesla's competitors running past
1:28.3	them, but the EV market is also used. In fact, sales of used EVs are up 39% in a year,
1:35.0	according to Cox Automotive. Marketplaces Henry Epspin spending time at an EV dealership in New
1:40.2	England. Jesse Lour tries to keep his prices relatively low.
1:45.0	Most of the vehicles at his dealership,
1:46.8	Greenwave electric vehicles in Northampton, New Hampshire,
1:49.7	are under $40,000, and many are a good bit less.
	...

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