Independents reluctant to pursue EV retail role

New data from cap hpi shows that only 17% of independent UK dealers stocked and advertised an electric vehicle last month, according to cap hpi.

Commenting on the data, Derren Martin, director of valuations at cap hpi, said: “Our data shows that many dealers seem reluctant to stock EVs despite rising demand from consumers. If the ZEV mandate is to work effectively, every new car needs a used buyer later in life, and dealers have a role to play in building their local markets.

“At current prices, many used EVs represent great value to drivers against new and a low total cost of ownership. Our data shows that many EVs are a great profit opportunity for dealers and tend to sell quickly from forecourts.”

Full story at Independent dealers reluctant to pursue EV retail role in local markets (am-online.com)