U.S. Q1 Used EV Sales Jump 12% YoY, 17% QoQ

In the first quarter of this year, used electric vehicle (EV) sales in the United States rose 12% year-over-year and 17% quarter-over-quarter. This growth occurred amid persistently high oil prices. It remains uncertain whether new EV sales will increase in tandem with rising oil prices, as they are influenced by multiple factors. Meanwhile, some observers believe that as consumers become more environmentally conscious and cost-sensitive, U.S. car buyers may increasingly shift toward electric vehicles in the future, potentially reshaping the automotive market landscape.