CONSUMER demand for greater transparency in the still nascent used electric vehicle (EV) market is driving a major shift in what’s required to fulfill consumers demands.
According to a recent DAT (Digital Assistive Technology Industry Association) study, a staggering 73% of buyers now prioritise a battery health certificate as much, or even more, than traditional factors like mileage.
Now AVILOO Battery Diagnostics – a sponsor of last year’s BVRLA Industry Outlook Conference – is meeting this demand head-on with a game-changing feature for businesses.
Flash Report Preview – transparency at a glance
AVILOO’s says its Flash Report Preview is a VIN-based tool that seamlessly integrates battery health certificates into online vehicle listings. This additional image gives buyers critical information upfront:
- Comprehensive data: Key battery health metrics presented clearly.
- Trust building: QR code links to in-depth report for full transparency.
- Faster sales: Minimising buyer uncertainty accelerates purchases.
- Revenue boost: Offering clear value can translate into higher sales figures.
By utilising AVILOO’s technology, dealers and leasing brokers can signal to buyers that they are leaders in the EV market. This builds trust and positions them as experts in a rapidly evolving space.
“The Green Finance Institute proposes the introduction of independent battery certificates as a top measure to promote electromobility in order to strengthen consumer confidence in used electric vehicles. An independent battery certificate, which is desired by many used car buyers, would lead to a gradual equalisation of the value of electric vehicles and combustion engines.”
Dr Marcus Berger, CEO, AVILOO Tweet
Real-world success
AVILOO says the partnership between Hyundai and mobile.de showcases the power of this approach. Flash Report Previews are prominently featured in Hyundai’s used EV listings, demonstrating the quality of their vehicles and boosting buyer confidence.
Greater confidence still looks to be needed in the UK’s EV market. According to the latest cap hpi report on used car values, EVs still have to find their correct level. Cap said that more EVs were entering the used wholesale market and their values are holding up better than last year. However, average values were still dropping, while petrol and diesel cars were increasing by 1.2% and 0.5% respectively.
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