New but Used: The Electric Vehicle Transition's Impact on Emerging Economies' Second-hand Car Markets
Electric vehicles are essential to decarbonising the world’s passenger car fleet. However, the speed of adoption varies significantly between countries: new vehicle technologies are typically adopted first in wealthier regions and only later elsewhere, often as exported second-hand cars.
This project examines how the global transition to electric vehicles impacts the flows of second-hand vehicles to emerging economies. As the rich world accelerates its transition to electric vehicles, it is unclear what will happen to them at their end-of-life and in what condition they may be exported to emerging economies. In parallel, the increasing unpopularity of conventional combustion-engine cars in the developed world risks causing a flood of unwanted and degraded exported vehicles to emerging economies.
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