Introduction from Peter Grøftehauge
Used EVs have seen a big rise in demand and sales over the past two months according to our INDICATA insights data. The feeling is that they have started to establish themselves in the used market which is vital for any new vehicle type or new car.
So many things rely on a healthy residual value such as leasing rates and salability in the secondhand market.
Increase in cross border sale of EVs
Our MarketPlace business unit director Morten Holmsten is also seeing a heavy flow of EVs between countries to meet the demand of the consumer. The Netherlands and Denmark for instance are importing used EVs while Germany is exporting EVs. He has written an article about how cross border used sales are shaping up at the end of the year across Europe.
Another trend which has remained since the beginning of the Covid-19 pandemic country lockdowns is the increased number of used cars being bought online both in the wholesale and retail markets. In this newsletter Mercedes-Benz Belgium tells us how they are using our Lead Generator used car valuation plug-in on their retail dealer websites as more showroom traffic moves online.
Winning Business Leader of the Year
We are also still celebrating after I received the ‘Business Leader of the Year’ award for the Fyn region of Denmark. Presented to me by PwC Danmark it celebrates our commitment to online remarketing and is testament to the hard work of our colleagues around the globe.
I hope you enjoy the film which we have translated into English, and for some it will be the first chance you have to take a tour round our new global headquarters in Odense, Denmark.
Peter Grøftehauge (LinkedIn)