Second-hand new energy vehicles flood into the trading market, the volume of new energy vehicles auctioned in the first three quarters increased by over 50%.

Since the beginning of this year, the sales momentum of new energy vehicles in China has been strong. Coupled with the policy of trading in old for new consumer goods, a large number of second-hand new energy vehicles have accelerated into the trading market. This has also made the second-hand car auction market active, becoming an important channel for the circulation of second-hand cars. Data shows that in the first three quarters of this year, the transaction volume of new energy vehicle auctions in the country increased by 52.6%, with the total transaction volume expected to exceed 10 billion yuan for the whole year. At present, some second-hand car dealers obtain sources through auction platforms, with inventory turnover cycles shortened to less than 15 days, much lower than the industry average level. Industry insiders say that the auction model, with the advantage of trading scenes not limited by geographical location and the efficiency of quickly matching supply and demand, allows second-hand cars to flow from the first and second-tier cities with surplus sources to the third and fourth-tier cities and county markets with strong demand, promoting the gradient consumption of cars.