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The lease rates for EVs have surpassed pre-pandemic levels, and continue to climb. Data from Experian Automotive suggests that as of 2023, about 30% of new EVs – BEV and PHEV – were leased. This number will grow in 2024. It also means that we can expect these cars to return to the used car market in predictable 3-year intervals at the end of the lease term. The used EV market is going to expand dramatically. https://lnkd.in/g-hDQnz5

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