EMobilityPlus’ Post

You will be shocked to hear this : Kia cars have one of the lowest maintenace cost in the industry today - endorsed by none other than Frost & Sullivan ! Pls read on, if you don’t believe it ! Frost & Sullivan's latest analysis shows that Kia's #Seltos and #Carens offer segments' lowest maintenance expenses in both diesel and petrol variants. Carens offers maintenance costs 21% and 26% lower than the segment average for both petrol and diesel variants, respectively. Seltos petrol variants offer lowest maintenance cost in its segment, 17% lower than the segment average. #Sonet Petrol’s and Diesel’s maintenance cost are 16% and 14% lower than the segment average, respectively. #KiaIndia #maintenancecost #segmentaverage #autoindustry Shakti Upadhyay PARAMJIV DUTTA Arun Yadav Ravi Nayyar

According to the latest Frost & Sullivan report, Kia cars are leading the pack with the lowest cost of maintenance in the segment. Not only that, but with the implementation of the new SI 2.0 showrooms, our standard of service is now comparable to any luxury cars out there. #kia #LowMaintenance #PremiumService #Reliability #Value #AutomotiveExcellence #kiaindia

Drivers prefer manufacturers that support EV sales A majority of drivers in the UK, France, India and Indonesia want their car brand to support policies to increase EV sales and phase out ICE, according to a new poll. The study, conducted by Dynata surveyed a representative sample of 1,000 drivers in six countries – USA, UK, France, India, Indonesia, Japan – to get fresh insights on their attitudes towards automakers’ role in the Electric Vehicles (EV) transition. It found that the majority of drivers want OEMs to support policies to increase EV sales in the UK (58%), France (51%), India (86%) and Indonesia (83%). Read the full story on the Transport + Energy website: https://lnkd.in/eihEUsDe Dynata , New AutoMotive , Ben Nelmes Society of Motor Manufacturers and Traders (SMMT) , Mike Hawes , Sukky Choongh (she/her) , Emma Butcher EVA England , Gill Nowell FairCharge , Quentin Willson Auto Trader UK , Ian Plummer REA , Matthew Adams , Mark Constable ChargeUK , Vicky Read , Chris Pateman-Jones Women Drive Electric , Michelle Breffitt , ⚡️George Thurman 🔋 The AA , Edmund V King OBE BVRLA , Toby Poston RAC , Simon Williams JLR , Murray Paul #transport #energy #electricvehicles #manufacturers

The used-car market in the UK grew last year, as conditions returned to normal. But what do the latest Society of Motor Manufacturers and Traders (SMMT) numbers mean for the independent aftermarket? Auto Repair Focus has analysed the data, and highlighted how the electric vehicle and diesel markets in particular are performing. Read our #exclusive insight on the site today! #aftermarket #independentgarage #workshop #business #autonews #aftermarketparts #electriccars #diesel #dieselmechanic #evsales

Figures published by the Society of Motor Manufacturers and Traders (SMMT) today show an increase in the UK's used car market for the sixth consecutive quarter, rising 7.2% in Q2 this year. The increase saw an additional 131,128 sales compared with the same period in 2023, as sustained growth in the new car market fuelled choice and availability in the used sector. Increasing numbers of buyers are switching to battery electric vehicles (BEVs), with 46,773 finding new owners between April and June, a rise of 52.6% resulting in, at 2.4%, the highest ever share of the market, up from 1.7% on the same period last year. Sales of plug-in hybrids (PHEVs) and hybrids (HEVs) also grew, up 25.2% to 21,580 units and 43.6% to 78,782 units respectively. Petrol and diesel powered cars still accounted for 92.4% of all vehicles, down from 94.3% last year. Petrol remained the most popular fuel type, up 9.2%, while diesel fell by -1.2%. Mike Hawes, SMMT Chief Executive, said, "It’s encouraging to see the used car market continue its recovery, with choice and affordability rejuvenated by the new car sector’s sustained run of growth. The increased supply of electric vehicles to second and third owners is helping more motorists make the switch – underlining the importance of energising the new EV market to support a fair transition for all. Maintaining momentum requires reliable, affordable and green EV charging up and down the country and incentives to get all of Britain on board the net zero transition".

Figures published by the Society of Motor Manufacturers and Traders (SMMT) today show an increase in the UK's used car market for the sixth consecutive quarter, rising 7.2% in Q2 this year. The increase saw an additional 131,128 sales compared with the same period in 2023, as sustained growth in the new car market fuelled choice and availability in the used sector. Increasing numbers of buyers are switching to battery electric vehicles (BEVs), with 46,773 finding new owners between April and June, a rise of 52.6% resulting in, at 2.4%, the highest ever share of the market, up from 1.7% on the same period last year. Sales of plug-in hybrids (PHEVs) and hybrids (HEVs) also grew, up 25.2% to 21,580 units and 43.6% to 78,782 units respectively. Petrol and diesel powered cars still accounted for 92.4% of all vehicles, down from 94.3% last year. Petrol remained the most popular fuel type, up 9.2%, while diesel fell by -1.2%. Mike Hawes, SMMT Chief Executive, said, "It’s encouraging to see the used car market continue its recovery, with choice and affordability rejuvenated by the new car sector’s sustained run of growth. The increased supply of electric vehicles to second and third owners is helping more motorists make the switch – underlining the importance of energising the new EV market to support a fair transition for all. Maintaining momentum requires reliable, affordable and green EV charging up and down the country and incentives to get all of Britain on board the net zero transition".

Hi EV addicts, sales of heavy-duty, zero-emission vehicles have shown that 2023 will be a turning point. The EU has witnessed an unprecedented surge, with sales doubling to 11,000 units. This monumental rise reflects a broader commitment to combating climate change and fostering a sustainable transportation ecosystem.

Perfect Storm for BEV Residual Values. Autovista forecasts further falling RVs (Residual Values) by the end of 2024, with BEVs under particular pressure. This does not bode well for 2025, when OEMs need to increase BEV New Car sales to decrease average CO2 fleet emissions to meet considerably more stringent 2025 limits. Higher BEV volumes will require lower BEV New Car prices, which will further depress BEV RVs. This will significantly increase pressure on fleet owners in 2025 vs 2024 (already a difficult year), as an increasing number of BEV defleets with more bullish book RVs (from 2021/2022) will need to be conducted in a more adverse Used Car market. The capability of “not needing to sell used BEVs” e.g. through Multicycle will become a Key Factor of Success ! These are topics discussed in our Qorus-CVA Webinar on October 8 on BEV Residual Values, and regularly features of CVA's AutoMobility Newsletter. You will find links in the comments. https://lnkd.in/e9NdyHcY

Nearly one in five cars sold worldwide in 2023 was electric: … 18% of car sales being battery electric (and another 6% plug-in hybrid). However … , supported by purchase incentives. Electric cars benefit from a reduced Value … the United States, Mexico’s automotive market is already well integrated … #car #cars #awesome

From the IMechE EV Industry Electric car purchases are at record highs – so why is industry concerned? Sales of new battery electric vehicles (BEVs) were at their highest ever levels in March with 48,388 sold in the UK, according to new figures from the Society of Motor Manufacturers and Traders (SMMT). Their market share dropped compared to March last year however, raising concerns about the transition from fossil fuel vehicles. BEVs accounted for 15.2% of all cars registered in March, the statistics showed, down from 16.2% in the same month last year. Only fleets showed any BEV volume growth.