68 delegates attended last week’s BVRLA Residual Value and Remarketing Forum which focussed on used Battery Electric Vehicles.
Insights from the event presentations included:
- New car market rebound well underway, retail sales only 7% behind 2019
- Demand for EVs is outstripping supply, with volume prices increasing
- Volumes of vans at auction still growing and achieving increased sale prices when comparing like-for-like 2019 vs 2021
- Charging infrastructure remains top of the list of challenges for customers wanting to switch to EV.