Sustainable Transport

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Used electric vehicle market achieves price parity with gas cars

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In 2025, the used electric vehicle market has reached a significant milestone, with prices nearly matching those of gasoline vehicles. Average used EV prices dropped to $31,110 in May, narrowing the premium over gas models to just $897 by August. This shift, driven by falling costs and improved battery longevity, makes EVs more accessible for buyers.

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