Auto Trader, the UK’s largest automotive platform, has announced a significant increase in the proportion of independent retailers stocking electric vehicles (EVs). Data comes as supply of traditional fuel types slows, requiring retailers to diversify to meet stock requirements and evolving consumer demands.

Automotive retailers are having to navigate a dramatic shift in stock dynamics due to a combination of COVID shortfalls and the growing electrification of the retail market. Over the past 12 months, petrol supply has remained flat (+0.1%), while diesel availability has dropped by -12.8%. In contrast, the supply of used electric vehicles has surged by nearly half (+44%) year-on-year (YoY), albeit starting from a lower base. Read More