Sales of fully electric cars are growing rapidly, which in the long term will also lead to a larger supply of used electric cars. ING expects a quarter of the used car market to favour electric cars by 2025. The demand for used electric cars will outstrip supply, resulting in rising used car prices. This
The European passenger plug-in vehicle market scored some 37,000 registrations in April, growing 30% compared to the same period last year, a good performance considering that the overall market is still in the red (-1% in April). In April, fully electric vehicles (BEVs) jumped 70% year over year (YoY), to some 24,000 deliveries, and were
One-in-five company car drivers are ready to switch to a pure electric vehicle (EV), but that move may not come soon enough for some of Europe’s carmakers who face big fines for failing to meet CO2 targets from 2020. A Fleet News poll suggests significant interest in electric powertrains, with 43.8% of respondents saying they
Are we on the cusp of an electric revolution? Electric vehicles (EVs) have been around for well over 150 years – considerably longer than their petrol and diesel fuelled cousins. But it’s only in the last couple of years or so that drivers and car-makers have begun to realise the potential for an electric car
Values of used pure electric cars surged 11 over the past year with growing demand and limited supplies hitting the market. The performance is in marked contrast to the overall used car market which rose just 1.5%. Whilst internal combustion engines (ICEs) are stumbling, their electric powered counterparts are thriving. With an average sticker price
The only thing sure about electric cars is they will eclipse the internal combustion engine—one day. The timing, however, is the topic of fierce and wildly divergent speculation. At the moment, only one in 250 cars on the road is electric. Battery electric cars comprise 2.1% of new global auto sales (about 2 million passenger
A new scheme has been launched to recognise dealerships skilled at selling and servicing electric vehicles. The Electric Vehicle Approved scheme will encourage car dealers to develop their expertise in servicing electric vehicles, as the country continues to move towards a zero-emission future backed by the government’s comprehensive £1.5 billion Road to zero strategy. The
They are on the cusp of potentially dominating tech era It’s no secret that the world is heading in the direction of pollution-free electric vehicles with many European and Asian countries already pledging to go electric within the next 20 to 30 years. However, it’s possible that this transition could be fast-tracked by our spending
Registration figures across Europe in March show electrified cars pass 100k mark, while diesel hits its lowest point since 2000 Europe’s new car market declined by another 3.6% last month – the seventh consecutive monthly fall, with factors such as the diesel city ban, falling consumer confidence and Brexit uncertainty blamed. Figures released by analysis
Leading car buying website says the zone has upped interest – particularly for plug-in hybrids. The introduction of London’s new ultra-low emission zone (ULEZ) has triggered consumer interest in electric and hybrid cars, according to one of Britain’s leading new-car websites. Designed to improve air quality in the capital, the ULEZ sees vehicles failing to
