Used EVs: youth's smart mobility hack

In this episode of Round Table, Niu Honglin, Fei Fei, and Steve Hatherley discuss the growing trend of young Chinese consumers buying secondhand electric vehicles (EVs). They explore the reasons behind this shift, including pragmatic consumption, the allure of premium models at reduced prices, and the increasing availability of trustworthy platforms that provide transparent vehicle history and extended warranty periods. The panel also contrasts the evolving attitudes towards secondhand goods in China with those in the West, noting the diminishing stigma and the influence of new technologies and market dynamics on consumer behavior. They offer advice for potential secondhand EV buyers, emphasizing the importance of research, trustworthy dealers, and focusing on practical aspects over cosmetic preferences like color.