CompaniesMedia & MarketingEarnings seasonUsed EV listings leap a third as Car Group eyes international growthAug 10, 2026 – 2.41pmFollow our live coverage of the August 2026 ASX reporting seasonThe number of used electric cars for sale in Australia jumped by a third in the past year, boosted by an influx of new manufacturers setting up and advertising, and helping to push Carsales owner Car Group to record revenue and profit.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Media & marketingFetching latest articlesMost Viewed In Companies
Used EV listings leap a third as Car Group eyes international growth
The $11 billion company behind Carsales says the second-hand electric vehicle market is growing rapidly, as Chinese brands such as Zeekr and Jaecoo arrive.
TL;DRAI
Used EV listings in Australia surged 33% YoY as new manufacturers entered the market, driving Car Group to record revenue and profit. Growing EV supply concentration signals marketplace consolidation and SaaS opportunity in automotive inventory/logistics for tech stack decisions.
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