Autodata Solutions, Part of J.D. Power’s Post

As electric vehicles grow in popularity, consumers are increasingly interested in used EVs as a cost-effective entry point. However, apprehensions about battery health and longevity remain significant barriers. According to David Sargent, vp and head of connected vehicle practice at J.D. Power, a robust battery health certification process could be the key to overcoming these concerns. An overwhelming majority of consumers find a battery health check essential when considering a used EV. With potential buyers worried about battery degradation and brand perceptions influencing their decisions, a trusted, independent certification can provide the reassurance needed to make informed purchases. By leveraging comprehensive data and advanced algorithms, companies like J.D. Power and Motorq Inc. are paving the way for more transparent and reliable assessments of EV battery health. This not only boosts consumer confidence but also enhances the market value of used EVs. Read more at Automotive News about how EV battery certification can transform the market and provide peace of mind to consumers in David Sargent's insightful commentary: https://hubs.la/Q02FHcyN0 #ElectricVehicles #EVBattery #Sustainability #AutomotiveInnovation #JDPower #ConsumerTrust #EVMarket #UsedEVs

As electric vehicles grow in popularity, consumers are increasingly interested in used EVs as a cost-effective entry point. However, apprehensions about battery health and longevity remain significant barriers. According to David Sargent, vp and head of connected vehicle practice at J.D. Power, a robust battery health certification process could be the key to overcoming these concerns. An overwhelming majority of consumers find a battery health check essential when considering a used EV. With potential buyers worried about battery degradation and brand perceptions influencing their decisions, a trusted, independent certification can provide the reassurance needed to make informed purchases. By leveraging comprehensive data and advanced algorithms, companies like J.D. Power and Motorq Inc. are paving the way for more transparent and reliable assessments of EV battery health. This not only boosts consumer confidence but also enhances the market value of used EVs. Read more at Automotive News about how EV battery certification can transform the market and provide peace of mind to consumers in David Sargent's insightful commentary: https://hubs.la/Q02FH5Vp0 #ElectricVehicles #EVBattery #Sustainability #AutomotiveInnovation #JDPower #ConsumerTrust #EVMarket #UsedEVs

As electric vehicles grow in popularity, consumers are increasingly interested in used EVs as a cost-effective entry point. However, apprehensions about battery health and longevity remain significant barriers. According to David Sargent, vp and head of connected vehicle practice at J.D. Power, a robust battery health certification process could be the key to overcoming these concerns. An overwhelming majority of consumers find a battery health check essential when considering a used EV. With potential buyers worried about battery degradation and brand perceptions influencing their decisions, a trusted, independent certification can provide the reassurance needed to make informed purchases. By leveraging comprehensive data and advanced algorithms, companies like J.D. Power and Motorq Inc. are paving the way for more transparent and reliable assessments of EV battery health. This not only boosts consumer confidence but also enhances the market value of used EVs. Read more at Automotive News about how EV battery certification can transform the market and provide peace of mind to consumers in David Sargent's insightful commentary: https://hubs.la/Q02FGJFM0 #ElectricVehicles #EVBattery #Sustainability #AutomotiveInnovation #JDPower #ConsumerTrust #EVMarket #UsedEVs

As electric vehicles grow in popularity, consumers are increasingly interested in used EVs as a cost-effective entry point. However, apprehensions about battery health and longevity remain significant barriers. According to David Sargent, vp and head of connected vehicle practice at J.D. Power, a robust battery health certification process could be the key to overcoming these concerns. An overwhelming majority of consumers find a battery health check essential when considering a used EV. With potential buyers worried about battery degradation and brand perceptions influencing their decisions, a trusted, independent certification can provide the reassurance needed to make informed purchases. By leveraging comprehensive data and advanced algorithms, companies like J.D. Power and Motorq Inc. are paving the way for more transparent and reliable assessments of EV battery health. This not only boosts consumer confidence but also enhances the market value of used EVs. Read more at Automotive News about how EV battery certification can transform the market and provide peace of mind to consumers in David Sargent's insightful commentary: https://hubs.la/Q02FGJYy0 #ElectricVehicles #EVBattery #Sustainability #AutomotiveInnovation #JDPower #ConsumerTrust #EVMarket #UsedEVs

How much life is left in that battery? That's what dealers wonder as they look to price used EVs and what consumers are worried about as they consider buying one. But gauging how healthy a used EV battery is and how much life is left in it is not that easy. Automotive News provides a breakdown of why it's not so simple to figure out. https://lnkd.in/d3Cv8p7M

Interesting BCG's latest research sheds light on the requirements of the next wave of EV adopters. Based on a study of 3,000 consumers, the findings reveal that the key factors for EV adoption are price, range, and charging times. According to the study, consumers are willing to pay a maximum of 20% more for an EV compared to an ICE vehicle. Additionally, the ideal range for EVs is 350 miles or 550km, and the preferred charging time is 20 minutes. These insights are crucial for automakers looking to meet the demands of the growing EV market. #EVadoption #BCGresearch #sustainability

BLOG: All you need to know about electric car batteries! 🪫 Battery Life 🚗 Distances 🔋 Battery Optimisation Thinking of switching to EV? This blog will hopefully answer some of your burning questions! 👉 https://lnkd.in/eHgNDEsa #EVCharging #Battery #RAWCharging #EV #EVCharging #ElectricVehicle #ChargePoint

#ev WHY USED EVS NEED BATTERY HEALTH CERTIFICATES Sustaining a used electric vehicle market depends on numerous factors, one of the most important being the safety and health of the batteries. The flood of models produced locally or coming from other nations without rules or regulatory similarities adds an even greater component of risk to a market that does not yet seem to understand how prices and life cycles will be accommodated. Hertz's recent decision, which should be followed by other players, which even announced the value of used Teslas for sale, indicates a significant reduction in prices in the used market. I particularly understand, as a consumer, that the EV model today is more linked to leasing than acquisition, due to several factors, including the financial health of OEMs and environmental issues. Let's wait with great curiosity for the development of EVs throughout 2024 #circulareconomy #green #market #money

Range anxiety is a term widely used in the EV industry, to describe the fear that an electric car won’t have enough battery to reach its destination. However, studies show that this worry mainly affects future EV owners. In fact, 59% of actual EV drivers report no range anxiety, and only 14% avoid longer trips. These statistics reveal that once you start driving an EV, range anxiety quickly disappears. ⚡ Are you a future EV driver with concerns about range? Check out our latest blog post to get the facts and ease your mind. 👇 #rangeanxiety #electricvehicles #evindustry https://lnkd.in/gGPmg9sY