Disposal conversion rates for electric vehicles were very close to their petrol and diesel equivalents over the course of 2023 and beat plug-in hybrids, reports epyx. In total, 91% of EVs found buyers when made available through trade sales to dealers, compared to 94% for petrol and diesel, and 87% for PHEVs. However, EVs did sell more slowly - at an average of 12.5 days compared to around 7-8 … [Read more...]
Tradelines 31 January
Specialist motor insurance loss adjuster Claims Management & Adjusting says new Office for National Statistics figures showing an 8% annual increase in vehicle thefts are shockingly unsurprising. According to the ONS’s latest Crime Survey for England and Wales instances of “theft or unauthorised taking of a motor vehicle” increased from 122,423 in the year October 2021 to September 2022, to … [Read more...]
EVs tyres are wearing sooner
Tyres on electric cars are wearing out sooner than on other models, say service analysts. Tyres fitted to electric vehicles are lasting, on average, 6,350 fewer miles than those fitted to petrol or diesel cars, new fleet data from epyx suggests. The first tyre change for electric cars is taking place at an average of 17,985 miles and 551 days old, compared to 24,641 miles and 585 days for … [Read more...]
Tradelines 5 July
A new five year remarketing deal with Volkswagen Financial Services has been won by epyx. The arrangement will see the company’s 1link Disposal Network used to remarket all VWFS vehicles as they reach the end of their lease periods and covers all VW brands – Audi, Bentley, CUPRA, Lamborghini, Porsche, SEAT, Skoda, Volkswagen and Volkswagen Commercial Vehicles. After four years of development … [Read more...]
Tradelines 5 April
Zero-emission, long-range hydrogen-powered commercial vehicle innovator, Hydrogen Vehicle Systems, has confirmed its state-of-the-art zero-emission hydrogen-electric Heavy Goods Vehicle will have a range of up to 370 miles depending on load and route coupled with an industry-leading refuelling time of just 15 – 20 minutes. The eagerly anticipated HGV will be revealed at the Commercial Vehicle … [Read more...]
Breaking the EV myth of franchise dealers
The idea that franchise dealers are required more for electric vehicle service, maintenance and repair than their internal combustion engine counterparts is a “myth”, shows new research from epyx. Statistics taken from its 1link Service Network platform, used to manage SMR for more than four million company vehicles largely operated by leasing companies, show hardly any difference in the … [Read more...]
Real-time data will cut company costs
Connected vehicle technology will become the “successor product” to telematics for fleets over the next few years as the data it provides becomes more widely available in commercially viable formats, epyx is predicting. The fleet e-commerce specialist says that connected vehicle data offers key advantages over telematics including the fact that information comes direct from the vehicle and avoids … [Read more...]
Tradelines 20 October
There was no substantial jump in the number of fleet MOT tests undertaken during September, despite warnings that deferrals made during the pandemic could lead to massive demand, new figures from epyx show. Using an analysis of information held on its 1link Service Network platform, the company says that there were almost 52,000 MOT tests carried out during the month. This is close to the just … [Read more...]
Remobilise for return to normal business
Fleets need to be thinking about how they will “remobilise” their operations as the pandemic ends, says epyx. The company points out that, if the planned vaccination programme now underway is implemented rapidly, something approaching the new normal’s version of business-as-usual could materialise quite quickly. Debbie Fox, commercial director, explained, “Expert views on the speed with which … [Read more...]
Fleets taking on more evs in business
New data from epyx suggests that 14% of cars and vans operated by fleets are now either hybrid or battery electric vehicles. The figure is taken from the company’s 1link Service Network platform, used by fleets totalling four million vehicles to buy and manage service, maintenance and repair (SMR) from nearly 9,000 franchise dealers, independent garages and fast-fits. The 14% figure covers a … [Read more...]