Electric vehicles are selling fastest on the UK’s forecourts according to data experts at cap hpi.
Analysis of advert data shows electric vehicles take 39 days to sell on average, compared to 48 days for an average petrol model.
Chris Plumb, senior valuations editor at cap hpi, said: “It is clear retail demand is building in the new and used market for electric vehicles. We have seen values strengthen throughout 2019, and it’s clear they provide a profitable stock choice for dealers.”
“We expect 2020 to be a big year for new registrations of electric vehicles and the used market will continue to mature as the roll-out of charging infrastructure and increased battery ranges accelerate the adoption of these vehicles.”
