ChargePoint sees affordable used EVs driving next wave of adoption
CHPT•ChargePoint’s market analysis identifies affordable used EVs as a key driver of adoption. Used EV sales rose approximately 19% this year, while network charging sessions increased 34% year over year, compared with 16% growth in charging ports.
1. Used EV demand grows
ChargePoint’s market analysis says affordable used electric vehicles are shifting demand toward economics rather than incentives. Used EV sales rose approximately 19% this year, supported by higher gasoline prices, growing off-lease inventory and lower purchase costs.
2. Charging sessions increase
Network charging sessions rose 34% year over year, outpacing 16% growth in charging ports. ChargePoint says rising utilization could improve charging infrastructure returns, while broader adoption increases the need for reliable access and intelligent energy management.
