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Tag Archives: bev

BLOG A ‘prime opportunity’ to convert ICE enquiries into EV sales

The first quarter of the year presents a prime opportunity for dealerships to boost annual sales, but real growth will only come from increasing electric vehicle (EV) sales. However, most marketing efforts fail to engage the largest untapped audience – the 80% of potential buyers who don’t yet see themselves as an EV owner. Search data consistently shows that demand ...

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Are we facing a zero emissions U-turn?

As I head to the US for the annual NADA Show, the headlines are full of President Trump’s ‘shock and awe’ first 24 hours in office. I’m certain that I will meet many card-carrying Republican US dealers over the next few days who are highly supportive of what is unfolding in Washington, and I’m not going to comment here on ...

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High cost of BEVs remains ‘barrier to entry’ for consumers despite price cuts

The decline in the BEV-ICE price gap has led to greater uptake of EVs in Europe as models become more accessible and affordable. But despite this, the high cost of Western BEVs remains a barrier to entry for consumers, while Chinese manufacturers now offer electric cars for as little as €3,250 in China, according to the latest figures from Jato ...

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Steve Young Blog: Strength and stability – top management ‘must haves’

The news that Stellantis and Carlos Tavares were parting company came as a surprise – at least to me – given that it was already planned that he would retire at the start of 2026.  The recent problems at Stellantis with high inventories in North America and low sales in some European markets have been well-publicised, so it was clear ...

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Steve Young Blog: Seeing through the mist

The core of ICDP’s activities is our collaborative research programme which has been running for over thirty years at a European level. This brings players from across the distribution sector – sales and aftersales, manufacturers, dealers, parts distributors and suppliers of services and technology – together to develop a better understanding of the challenges facing us all, and how to ...

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Cap hpi welcomes ‘reassuring’ September BEV values rise

Battery electric vehicles (BEVs) were the best-performing fuel type in September, rising for the second consecutive month, according to the latest analysis from cap hpi. The stabilising of the BEV market is good news for dealers who were hammed by falling values in the final quarter of 2023. At three years old, BEV values have increased slightly by 0.3%, or ...

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BEV values rise in September after 24 months of decline

Values of battery electric vehicles (BEVs) rose in September after 24 months of consecutive cuts, resulting in a reduction of values by approximately 60%. That’s the finding of cap hpi which said BEVs showed a positive average movement of 1% at the three-year mark. Nearly half of the models valued at this age have seen their values increase this month, ...

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