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EV scrappage rates lower that ICE models
- 21/05/2024
- Posted by: Alan Feldberg
- Category: News
New research from cap hpi has revealed that petrol and diesel vehicles are being written off and scrapped by insurers at double the rate of electric vehicles (EVs). The data is contrary to the popular perception that EV scrappage rates are greater due to their higher average repair costs. However, cap hpi [...] -
ICE values drive EV uptake
- 20/01/2022
- Posted by: Alan Feldberg
- Category: News
Fears over the future residual values of internal combustion engine (ICE) cars and vans are driving electric vehicle fleet adoption. FleetCheck director Andy Kirby said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to [...]