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Electric vehicles will need 'battery passports' to enter EU from 2027

Autocar

Battery passports are intended to shine light on supply chains and the pre-production process Digital document will detail provenance, state of health, and more Battery passports will be mandatory for electric vehicles sold in the European Union from February 2027 to provide greater visibility of what has gone into them and where it has come from.

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Porsche still pulling new buyers with electric Taycan

CarExpert

“Approximately 53 per cent of the orders so far have been from first-time purchasers, with many repeat buyers also returning for the new Taycan,” a Porsche Cars Australia spokesperson told CarExpert.

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VW Profits Tank 42% Amid “Industry-Wide Buyer Reluctance” To EVs

Carscoops

The company also cited supply chain shortages, a challenging macroeconomic environment, and a “comprehensive renewal” of their luxury sport product portfolio. ” The Group’s EV push has also stalled as the automaker confirmed “industry-wide buyer reluctance” to electric vehicles.

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Media post: Tyrell Evans Explains the Evolution of the Used Luxury Car Market in Ontario Since the Pandemic

Best Selling Cars Blog

Shift in Buyer Preferences During the pandemic, many people began prioritizing reliability and comfort in their vehicles, as safety became a paramount concern. This rise contrasts with the new car market, which experienced more significant supply chain disruptions leading to inventory shortages.

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Media post: Global Car Sales Trends: What to Expect in 2025 and Beyond

Best Selling Cars Blog

Challenges: Supply Chain Issues & Chip Shortages Despite positive predictions for car sales in 2025, the industry faces significant issues which can slow down the expected market growth. Although car availability remains challenging for customers, theres a significant improvement in buyers sentiments.

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Australian port strikes over, but new car buyers could still face delays

CarExpert

We hope that the parties can now move forward to an equitable and amicable deal to allow vital supply chain business to resume as normal. Resumption of the movement of cargo can only be to the benefit of everyday Australian families if they can now get their essential goods delivered, said Captain Noronha.

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Dealers Brace For The Next Pandemic-Related Supply Issue: Fewer Lease Returns

Carscoops

In 2021, new-car leasing rates fell from one in three to one in six, reducing the number of buyers as leases end. Certified pre-owned cars will also see a reduction in supply as fewer lessees turn in vehicles to dealers. The cause was increased demand, in part thanks to stimulus checks, which saw more buyers looking to buy a new car.

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