Tag Archives: Electric

Auto Trader launched today a new industry EV Hub to enable retailers to keep track of the electric vehicle market, It will include the latest used EV retail pricing data and speed of sale, as well as new and used levels of EV supply and demand. According to Auto Trader the hub will provide retailers with the latest EV related ...

Auto Trader has revealed the used cars that have depreciated the most over the past year with many EVs badly hit. The average price of a used car generally was £17,732 in August, marking a 1.1% increase year-on-year (YoY). But the average price of a used EV was £31,618, down -22.6% YoY in August due to supply continuing to outpace ...

The House of Lords Environment and Climate Change Committee opens its inquiry into Electric Vehicles (EVs) today 10 am by hearing from industry experts. The first evidence session can be followed live or afterwards on Parliament TV. Giving evidence at 10am will be: Marc Palmer, Brand Director, Autotrader, Phill Jones, Chief Operating Officer, Motors.co.uk, Toby Poston, Director of Corporate Affairs, ...

The UK’s best new and used electric cars (EVs) and plug-in hybrids (PHEVs) were revealed at the 2023 What Car? Electric Car Awards. The most successful brands in 2023 were BMW, MG, Mercedes-Benz, Porsche and Volkswagen, who each won three What Car? Electric Car Awards across the new and used car categories. Three cars shared the title of most successful ...

Carmakers are discounting prices of electric cars and promoting finance packages to boost sales. That’s the view of Vertu Motors issued with a trading statement ahead of its results for the six-month period ended 31 August 2023. It delivered a trading profit above prior year levels, aided by the Helston acquisition which was completed in December 2022. Vertu anticipates that ...

Accelerating sales of EVs to fleets is creating bottlenecks in servicing and maintenance networks. That’s the conclusion of the Leasing Outlook from the leasing association the British Vehicle Rental & Leasing Association (BVRLA.) In its Market Summary for August it said: “In areas such as service, maintenance and repair, the imbalance between fleet and retail demand for electric vehicles is ...

Salary sacrifice specialist Fleet Evolution is now rejecting 40% of dealers who apply to join its network because of lack of EV specialists and inadequate handover procedures. The company, which has 1,400 vehicles on its books, said dealers could do a “far more effective job” in tackling the ‘knowledge gap’ around electric cars that exists amongst new car buyers and ...

The Motor Ombudsman has reported a small rise in the volume of complaints submitted by consumers about electric vehicle (EV) in Q2. Motorists logged a total of 291 cases with The Motor Ombudsman’s Alternative Dispute Resolution (ADR) service, compared to 273 in the first quarter. Consumer concerns in relation to the customer service received from a business, and at the ...

Online classified platform Auto Trader said yesterday that interest in new electric vehicles is well down on last summer. The group showed internal data in the lead up to June showing the extent of decline in interest over the past year. Interest was at its height in July 2022 before falling to a low in March this year. It has ...

Used EV values are set to stabilise in the second half of 2023 following deep cuts in recent months. That’s the view of cap hpi, which said that “numerous” Battery Electric Vehicle (BEV) models have now “stabilised or appear close to a plateau” following falls in used values in recent months. It added, however, that a small number remain weak ...