Cinch, the leading UK online used car retailer, reports a significant increase in the sales of electric vehicles (EVs), with a growth of 39% from January to March 2025 compared to the previous year. This surge aligns with a general decrease in EV prices by 4% year-on-year. Key models driving this trend include Tesla's Model 3, which remains the most popular, and the Hyundai KONA Electric, now ranked fourth. New Chinese brands like BYD have also seen impressive sales growth, illustrating the changing dynamics in the used EV market.
The increasing popularity of electric cars has been revealed by cinch, the UK's leading online used car retailer.
Sales of used EVs on cinch's website and app grew by 39% between Jan-Mar 2024 and Jan-Mar 2025, thanks in part to decreasing EV prices.
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