Not just high gas prices: ‘Supply story’ helps drive surging used EV & hybrid market
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Wednesday, May. 20, 2026, 04:20 PM
Joe Overby, Senior Editor
The used electric and hybrid vehicle market was already set to benefit from a boost in supply. Now, the recent surge in fuel costs has led to greater demand, higher prices and quicker turn times for these vehicles. And significant increases in sales. Citing the U.S. Energy Information Administration, Cars Commerce said in its April […]