'Single most effective solution': Green Finance Institute hails second-hand EV market as key to net zero transition

clock • 5 min read
'Single most effective solution': Green Finance Institute hails second-hand EV market as key to net zero transition

Green Finance Institute report argues addressing barriers to entry for used EV market could encourage 17 million drivers to switch to electric models

The UK's transition to electric vehicles (EVs) could be fast tracked by more than a decade if concerns over battery performance and cost are addressed so as to boost consumer confidence in the expanding...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

View profile
More from Amber Rolt

'Untapped potential': Is the answer to the energy transition hiding beneath our feet?

Loganair inks order for five electric planes from Beta Technologies

More on Automotive

'High-velocity phase': European electric vehicle market enjoys surge in demand
Automotive

'High-velocity phase': European electric vehicle market enjoys surge in demand

European electric vehicle market grows nearly 40 per cent during the first half of the year, outpacing China for the first time

James Murray
James Murray
clock 17 July 2026 • 3 min read
Electric Car Grant helped 140,000 UK drivers switch to an EV in the past year
Automotive

Electric Car Grant helped 140,000 UK drivers switch to an EV in the past year

A year on from its launch, the government confirms demand for EVs is 'stronger than ever' as grant scheme offers £3,750 off the cost of new models

Amber Rolt
clock 16 July 2026 • 3 min read
'The used market is becoming a more realistic place to start': Price of UK's most popular second-hand EVs drops 10 per cent in a year
Automotive

'The used market is becoming a more realistic place to start': Price of UK's most popular second-hand EVs drops 10 per cent in a year

Latest Used Car Index from AA Cars shows Nissan Leaf as most popular second-hand EV, with its price falling 17 per cent to just over £8,000

Amber Rolt
clock 14 July 2026 • 2 min read