Garage Support Newsletter 5 ROI

How can the Hybrid and EV opportunity help you? As the number of hybrid electric vehicles (EV) on the road increases, it’ll be important to stay ahead of the curve. In particular, tyres, steering and suspension repair will become an important focus for electric vehicles. Some of the typical hard-wearing items will not need replacing as often - regenerative braking, for example, takes most of the pressure away from pads and discs. And although the components and service items will be different in EVs (lubricants for the air conditioning systems for example), there’s still opportunity for independent garages. ctrical Vehicles

+70%

+62%

Top 10 selling cars in 2020 included 2 electric vehicles,

Pure electric accounts for around 9% share of new registration in 2021. Whilst hybrid account for around 27% (14% in 2020)

Petrol and diesel sales declined (-17% and -19%). Whilst hybrid and electric both grew (62% and 70% respectively)

with the Tesla Model 3 becoming the top selling car in December 2020 and the Volkswagen ID.3 in 4th

5%

100+

+6,000

Only 5% of technicians are trained to deal with new technology.

According to SMMT, more than 100 plug-in car models are now available, and manufacturers are scheduled to bring more than 35 to market in 2021, more than the number of either petrol or diesel newmodels planned for the year.

6,000 techs will need to be trained every year for the next 10 years to ensure there is enough techs to deal with the increased demand.

Q1 2019 VS Q1 2020

Petrol

Diesel

Hybrid

BEV

-19%

-16%

+50%

+71%

19k Jan-20 Jan-21 16k

Jan-21 Jan-21 22k 18k

7k Jan-20 Jan-21 12k

Jan-20 Jan-21 2k 3k

*Sources: SIMI Note: Hybrid includes Petrol electric, Petrol/plug-in electric hybrid, Diesel/electric, Diesel/plug-in electric.

5