Tesla is the most popular pre-owned brand as EV interest spikes

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CarMax (KMX), the largest used car retailer in the US, said its seeing a huge spike in electric vehicle interest from its customers. And when those customers do buy EVs, they are buying Teslas.

In its annual EV consumer report, CarMax revealed that search volume for the word “electric” doubled from February 2022 to February 2023, when the retailer compiled data for its last EV report.  CarMax analysts first noticed a spike back in February and March of last year, not…

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