Claims frequency for repairable battery electric vehicles has jumped 45% in the U.S. and 39% in Canada year-over-year while increasing more gradually for hybrids. Mitchell, an Enlyte company today published its Q2 2024 Plugged-In: EV Collision Insights report. This edition features the latest U.S. and Canadian claims data on battery electric vehicles (BEVs), mild hybrid […]
ASA Adopts Position Statement on Consumer Vehicle Choice
Association calls for financial support for independent repairers to invest in electric vehicle repairs if regulations requiring vehicle transition aren’t changed. The Automotive Service Association (ASA) published a position statement on consumer vehicle choice related to the electric vehicle (EV) transition. ASA raises concerns in the statement that EPA emission standards will limit the ability […]
International Energy Agency Reports Global EV Sales Expected to Reach 17 Million in 2024
U.S. EV market share could reach one-in-nine new vehicles sold in 2024 and one-in-five by 2030. According to the International Energy Agency (IEA) despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, and almost 1 in […]
SEMA Show Offers EV Certification Courses
Attendees at the 2024 SEMA Show have the exclusive opportunity to become electric-vehicle (EV) and EV safety certified through the Show’s comprehensive education program focused on professional and business advancement. The 2024 SEMA Show takes place Nov. 5-8 in Las Vegas, Nev. Presented by SEMA Education and Legacy EV, the “Electric Vehicles 101” and “High-Voltage […]
Mercury Insurance Names the Most Affordable New EVs to Insure
Due to the growing demand for electric vehicles, particularly in California, Mercury Insurance (NYSE: MCY) has compiled a list of the most affordable new EVs to insure, which will arm consumers with valuable knowledge when they go to shop for an EV. Factors contributing to insurance costs include claims on similar vehicles, cost to repair […]
Vehicle Manufacturers Making Contingency ICE Production Plans as EV Sales Miss Projections
OEMs are increasingly optimistic about health of U.S. auto retail industry. Automotive OEMs are generally optimistic about the health of the automotive industry over the next 12 months, with the vast majority expecting new vehicle sales to increase or remain the same versus 2023, according to the just-released 2024 Kerrigan OEM Survey. The 2024 results […]
UK’s Steer Automotive Group Launches First EV Specific Collision Repair Center
The Steer Automotive Group announced the launch of Steer Electric, the group’s first purpose-built electric vehicle repair location. This new facility at Eastleigh, Hampshire, England is strategically located just off the M27, near the Southampton import docks, providing excellent accessibility and convenience. Steer Electric Eastleigh spans over 14,000 square feet and is designed to accommodate […]
July New Vehicles Sales Projected Up on Bounce Following June CDK Global Outage
S&P Global Mobility projects the pace of sales in July is expected to realize a notable boost on delayed sales from June cyberattack on dealer management system provider. S&P Global Mobility projects new light vehicle sales volume in July 2024 to reach 1.32 million units, up approximately 1% year over year. This volume would translate […]
J.D. Power Reports that EV Demand Stalls Even Though Availability and Affordability Improve
J.D. Power’s June E-Vision Intelligence Report found that while the number of electric vehicle models available and total cost of ownership have improved, EV adoption rates have been flat. Among the key findings of the report: EVs More Widely Available and Affordable Than Ever: The majority of premium (70.1%) and mainstream (55.7%) vehicle buyers now […]
UK’s National Body Repair Association Says Vehicle Repair Sector Needs Government Support on Apprenticeships, EVs
As the United Kingdom (UK) prepares for the upcoming general election on July 4, the National Body Repair Association (NBRA) is calling on the next government to prioritize critical reforms aimed at securing the future of the industry. Martyn Rowley, Executive Director of the NBRA said, “The current Apprenticeship Levy is failing our industry, hindering […]
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