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Prices of second-hand electric and hybrid vehicles are soaring as demand outstrips supply, according to one of the country’s largest used-car marketplaces.

Auto Trader says electric vehicles - also known as EVs - are rocketing in value, with prices growing 11 percent. In contrast, the average price growth rate for all vehicles has slowed to 1.5 percent - the lowest rate for almost two years.



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Used EV Prices Soar As Demand Outstrips Supply

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