Government decarbonisation targets are at risk unless action is taken strengthen demand for used electric vehicles, warns the vehicle leasing organisation BVRLA.
Used EV-targeted grants, tax incentives and a confidence-building communication campaign would boost demand and stabilise prices, which are slumping as a wave of electric vehicles hits the market at the end of their first lease.
The need for intervention has been highlighted by new forecasting from Oxford Economics, which shows...
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