Viable repair of used electric vehicle batteries is “within reach” for car retailers, members of the Vehicle Remarketing Association heard at their first meeting of 2025. David Gray from Cox Automotive’s EV Battery Solutions told the audience that depending on the model and the battery technology in question, there was a real possibility that the car could … [Read more...]
Government ZEV targets to be missed in two years
Analysts say carmakers will miss UK Government ZEV mandate targets by 346,000 units in three years unless ‘major consumer concerns’ are addressed. That is according to Cox Automotive in its latest Insight Quarterly report which backs up studies by Regit that found that several key blockers remain in place stunting mainstream EV adoption among UK car … [Read more...]
Newslines 15 March
The Welsh Government will be investing £1m to create a network of car clubs to connect rural communities, says outgoing Deputy Climate Change Minister Lee Waters. The move comes as part of plans to meet ambitious targets for reducing carbon emissions with aims for public transport, walking and cycling trips to account for 45% of journeys by 2040 and … [Read more...]
Tradelines 22 November
The rate at which used car prices are dropping has taken the market by surprise, admits a motoring industry expert. Phil Nothard, insight director at Cox Automotive – the owners of Manheim Auctions – told the Car Dealer Podcast that significant price falls in the used car market have caused ‘waves across the sector’ and explained that the market had ‘slowed … [Read more...]
