Tag Archives: EVs

Honda and Nissan are reportedly in talks for a merger aimed at enhancing their competitiveness in the electric vehicle market. According to a report by the Japanese newspaper “Nikkei,” the two companies are planning to sign a memorandum of understanding aimed at exploring the establishment of a new holding company. This move is seen as a strategic effort to make ...

Consumer interest in both used electric and diesel cars has increased rapidly over the last six months, according to Startline’s December Used Car Tracker which surveyed 303 consumers and 59 dealers. The percentage of motorists who would definitely consider an electric car as their next vehicle is up from 19% to 29% and has increased from 12% to 22% for ...

Most buyers will not consider used EVs despite drops in prices and improved supply, according to JudgeService research which polled the views of 5,789 buyers. Just over half are not considering purchasing a used EV and only one in five (20%) said they would. Neil Addley, MD of JudgeService, said: “There’s no getting away from the fact that used EVs ...

Dealers are increasing their used EV stock as some cars become cheaper than their equivalent used ICE models. That’s the view of auction house Aston Barclay, which said its September used EV desirability index saw sales of lower value used EVs at between £8-15,000 increase at auction, as dealers responded to the “growing demand” from consumers based on affordability. Eight ...

Octopus Electric Vehicles and the Fully Charged Show have launched ‘Electric Vehicles UK’, a new organisation designed to educate consumers about EVs. The launch event at Octopus HQ in London was attended by Greg Jackson, Founder of Octopus Energy Group, who urged the industry to help drivers discover the very clear advantages of EVs. Dan Caesar, Interim CEO of Electric ...

EU tariffs of 19% to 46.3% on Chinese Battery Electric Vehicles (BEVs) entering Europe will “potentially” slow growth of Chinese automotive brands in the region. That’s the view of Owen Edwards, head of Downstream Automotive at professional services business Grant Thornton “Historically, Europe presented an attractive opportunity for Chinese brands due to its large new vehicle market and lower import ...

The number of used hybrids and EVs listed and sold on Dealer Auction rose in July, 8% month-on-month, and the number of bids grew 19%. Appetite for EVs was particularly strong as sales increased 23% compared to June. Kieran TeeBoon, Dealer Auction Marketplace Director, said: “The number of EVs and hybrids listed in July puts the drop in volumes we ...

The average three-year-old used electric car is now 43.8% cheaper than 18 months ago, according to INDICATA UK. A 2.0% price fall was experienced by used EVs in June, resulting in price parity between equivalent EVs and ICE cars. Dean Merritt, INDICATA UK’s head of sales, said: “Our latest used EV trends do not make enjoyable reading for leasing companies ...

Bells Motor Group has partnered with Ohme for home charging and will recommend Ohme chargers for all of its new and used electrified vehicle sales, with an Ohme Home Pro charger in showrooms for customers to view. Bells Motor Group has a 200kW DC fast charger and 16 AC chargers at each of its sites. Clive Bell, MD of Bells ...

The Vehicle Remarketing Association (VRA) will discuss battery health checks and their impact on the used EV market in depth at a member meeting on 25 July. At Cox Automotive (Bruntingthorpe, Leicestershire), members will hear contributions from battery health experts Aviloo, Altellium and Clearwatt, as well as the results of a VRA survey on the best way to apply battery ...