Used EV financing dominated by high loans and credit scores

πŸš—πŸ’° Banks dominated used EV financing with a 41% share, while credit unions accounted for just over 34% of the market in 2023. #EVFinancing #MarketTrends

Banks held the highest share of used EV lending at almost 41 percent of the market in 2023, while credit unions made up just over 34 percent.

Read More