White papers on how electrification impacts remarketing
A series of white papers on how electrification is impacting the vehicle remarketing sector are being launched by the Vehicle Remarketing Association (VRA).
The first paper from the VRA, which represents all elements of the used car sector, is called “Electric Vehicle Charging: What the Remarketing Sector Needs to Know”.
The report, written by battery electrochemist, YouTube star and T+E board member Euan McTurk, covers topics including the current public recharging infrastructure, the types of charging facilities remarketing companies need, advice on how remarketing companies should handle EV movements and what the remarketing sector needs to do to maximise take-up of second-hand EVs.
Philip Nothard, VRA chair, said: “We’ve felt for some time that the remarketing sector is being neglected when it comes to published information and advice on electrification, and these white papers are, in part, our attempt to redress that balance.
“We are finding that there is huge and growing demand for briefings on the remarketing of EVs from our members. They are aware that the numbers of electric cars and vans seen so far in the used sector are just a trickle compared to the flood that will arrive over the next couple of years, and recognise their need to prepare for this shift. Also, of course, the collapse in values seen in recent months has created a huge amount of trepidation and uncertainty.
“Through the white papers, we’ll be attempting to answer some of the sector’s biggest questions and create a bedrock for future discussions and best practice.”
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