The current and future values of electric vehicles (EVs) are the subject of the next instalment of the Vehicle Remarketing Association (VRA) “New Normal Briefing” series of webinars.
Taking place at 10am on Thursday 18th March, it will include Anthony Machin, head of content at Glass’s and Chris Plumb, senior valuations editor at Cap hpi, covering the subject from a trade point of view.
Then, Jon Davies, brand partnership director at AutoTrader and Rupert Pontin, director of insight at Cazana, will examine trends in how consumer behaviour is influenced by electric vehicle values.
Also, Professor Tim Lenton from the University of Exeter will be talking about the forthcoming tipping point for EV adoption, when falling battery prices will mean new car prices for EVs and ICE vehicles reach price parity.
Philip Nothard, chair at the VRA, explained that this was the second of two sessions that were designed to impart essential knowledge to help prepare the organisation’s members for the EV revolution.
“There is an almost bottomless thirst for information when it comes to EVs at the moment and the first ‘New Normal Briefing’ that we undertook in this area during February was very well received by VRA members.
“If anything, we’re expecting this one to generate even more interest. Professor Lenton’s research is amongst the most thought-provoking that we’ve seen in this area while the subject of EV values is a constant topic in the remarketing sector.
“We’ve got representatives from all four of the UK’s major vehicle valuation organisations taking part and we’re really looking forward to hearing what they have to say, especially where they agree and where they diverge.”
The New Normal Briefings are designed to help VRA members prepare for the business environment likely to emerge in the wake of the pandemic. They take place on the third Thursday of every month and will be held until at least June, when it is hoped that the VRA will be able to resume face-to-face meetings.
Philip continued said: “The webinars are looking at all kinds of areas of remarketing and the shape they are likely to take over the next few months and years. There is probably not an area of remarketing that hasn’t been touched by the pandemic.
“Our aim is to provide our members with useful information they can use to plan strategically for the world in which well all be operating as we emerge from the coronavirus crisis over the coming months.”
More information about the briefings and joining the VRA can be obtained by emailing info@thevra.co.uk.