Pre-owned EV prices hit 2025 high as demand hits a record [Yahoo! Finance Canada]
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance Canada
EVs accounted for 4.29 per cent of overall used car sales in Canada in October, 2.5 per cent in Ontario and 7.35 per cent in Quebec, each of which is a new record, according to a Clutch Inc. report Used EV prices climbed 2.15 per cent year over year, reaching an average of $42,047, as more high-end offerings entered the used market, the report said. “The month's gain came entirely from composition effects — more premium vehicles entering the mix — while most individual EVs transacted for slightly less,” the report said. “The same theme holds year over year: what's selling has become pricier, even as like-for-like prices have softened.” New EV sales, however, are waning, falling 39.2 per cent in the third quarter from a year ago, according to Statistics Canada data released in September. “It speaks to the importance of having incentives if you want to move electric vehicles,” David Adams, chief executive of Global Automakers of Canada , a lobby group for foreign automakers, sa
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HMC
Sec Filings
- 11/17/25 - Form 6-K
- 11/7/25 - Form 6-K
- 9/11/25 - Form 6-K
- HMC's page on the SEC website