The number of EV listings on Adevinta’s key mobility marketplaces across five European markets rose 94% year on year in the first six months of this year, with a significant rise in the availability of both new and used models, according to a press release from the company.
These “key” mobility marketplaces are Mobile.de in Germany, France-based LeBonCoin, Subito.it in Italy, Spain-based Coches.net and Marktplaats in the Netherlands.
Meanwhile, a survey of more than 5,000 European consumers commissioned by Adevinta found that, among those looking for a new vehicle in the next 12 months, 40% stated that they would choose an EV or hybrid car, while 37% said they were now more likely to consider purchasing an EV than they were 12 months ago.
56% of respondents said that high prices were the main factor preventing them from buying an EV. 35% said they would consider purchasing a used EV as their next vehicle. According to data from Adevinta, the average price of a used EV was 28% cheaper than a new one during the first half of 2023.
Other barriers to buying an EV were found to be the inability to travel long distances without recharging (cited by 39% of respondents) and a lack of fast charging infrastructure (35%).
Ajay Bhatia, head of Adevinta’s global mobility portfolio and CEO of mobile.de, said: “Consumers across Europe are looking to make more sustainable choices, and second-hand EVs have an important role to play in the transition to greener forms of mobility.”
“But there remains a job to do to alleviate concerns around perceived barriers that are preventing the switch to electric vehicles. Addressing these challenges hinges upon educating consumers, and providing accurate and accessible information specific to EVs to help them make sustainable choices that fit their budget and lifestyle.”