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Electric Vehicle Trends 2024: Boom or Bust Future for EVs 2024

Jato

Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ? The automotive industry has been abuzz with discussions surrounding the affordability of battery electric vehicles (BEVs) for the average retail consumer in the Big 5 European markets. In contrast, orders for ICE models were up by 11%.

Finance 111
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Boom or bust: what’s the future for EVs in 2024?

Jato

Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ? The automotive industry has been abuzz with discussions surrounding the affordability of battery electric vehicles (BEVs) for the average retail consumer in the Big 5 European markets. In contrast, orders for ICE models were up by 11%.

Finance 52
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Packed house for biggest CADEX event ever

Canadian Auto Dealer

The jam-packed room of well over 200 attendees was bristling with energy, as keynote speakers and panelists delivered on their promise to inform dealer attendees about the key trends impacting the auto retail industry. Can manufacturers succeed in getting involved in retail?” Customers are very hesitant to buy used EVs.

Retail 98
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Cautious optimism leaning into 2024

Canadian Auto Dealer

L et me start by saying that generally we are still a year away from possibly experiencing significant upward shifts in our retail automotive businesses in Canada. As vehicle inventories build, dealers are incurring significant floor plan interest and other floating financing costs.

Banking 52