Search for used electric cars fired 102% in Portugal

by Andrea
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Search for used electric cars fired 102% in Portugal

Search for used electric cars fired 102% in Portugal

A recent Standvirtual Report registered a large climb both in demand and offering used electric cars.

In December 2024, the search for used electric cars fired 102% Regarding the amounts recorded in December 2023. The data are from the monthly landscape of the standvirtual automotive market, which was sent by email to ZAP.

The total demand for used cars at Standvirtual rose 22% in Decemberrising mainly in the Algarve (53%), followed by the northern zone of Portugal (26%) and the region of the center of the country (23%). The offer also rose 1%compared to the same period of 2023. This positive performance has consolidated a 17%annual growth trend, already visible since November (+14%).

In addition to registered the highest climb in demand, the electric higher increase in supplywhich grew 53% in December compared to the same period of 2023.

Already the cars of gasoline registered a 22% growth in demand and 11% in supply. In contrast, diesel vehicles showed an increase in 9%, but a reduction in the 12%supply.

Despite the growth of electric and hybrids, diesel cars (51%) and gasoline (27%) remain the most sought after. The most sought after segments were the Sedan (+31%), City (+25%) and SUV (+23%). Brands like Tesla, Mercedes-Benz and BMW led searching, while Renault, Mercedes-Benz and Peugeot were the most announced.

According to Nuno Castel-Branco, General Director of Standvirtual, “the growing demand for electricity reflects a trend that should continue in 2025”.

The large increase in the demand for used electricals indicates that the stigma around batteries If it is fading. The fears that the batteries last little has motivated until the appearance of several through Europe.

Recently, a new study also proved that electric cars already last as much as vehicles with combustion engines. Research has concluded that electricity now have an average service life of more than 18.4 yearssurpassing the average diesel vehicles, which is 16.8 years, and almost equalizing the average gasoline vehicles, which is 18.7 years.

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