Electrical car (EV) battery restore will come underneath scrutiny on the first Car Remarketing Affiliation (VRA) assembly of 2025.
Going down on the Meriden, Warwickshire workplaces of VRA member epyx on Thursday sixth February, audio system will embrace Ashley Minors of motor commerce insurance coverage specialist Boswell Aftermarket, speaking about his firm’s expertise with EV battery restore expertise, in addition to traits within the wider motor insurance coverage sector.
David Grey from Cox Automotive’s EV Battery Options will talk about rising in-life companies, reminiscent of diagnostics, restore, and remanufacturing that assist prolong the lifespan of EV batteries.
Additionally, VRA member Anthea Coulter of Equiniti will cowl the sensible facets of managing the current courtroom of attraction resolution on motor finance DCAs for the remarketing sector.
Lastly, Chris Plumb of cap hpi will present an summary of the present state of the brand new and used automotive and van markets.
Philip Nothard, chair on the VRA, stated: “As increasingly more EVs begin to seem on the used market, the potential for battery restore is changing into an more and more salient subject.
“Clearly, the price of changing a broken battery is prohibitive and can typically result in a car being scrapped.
“The emergence of cost-effective restore options is subsequently one thing of real curiosity to the remarketing sector.
“We’re also looking forward to hearing about the impact of the court of appeal decision on DCAs at a real-world level. While we’re hopeful that changes will be made by the Supreme Court as a result of the Close Brothers appeal, dealers and others in remarketing are having to deal with the situation as it stands.”