Insight Research’s Post

A couple years ago I drove an #EV from Paris to Helsinki. It was my first time in an electric car and planning the route was primarily focused on finding reliable charging stations (which were NOT in abundance outside of Germany).🔋 I'm reminded of that trip after reading this Convenience Store News article touching on how convenience stores and retailers have an opportunity to differentiate, both by providing charging stations at their locations and by offering something to do during the long wait (another thing to take into account when planning the EV journey - charging is not a five-minute stretching-your-legs stop but a good half an hour pitstop). If attracting the growing number of EV consumers is something you are thinking about, check out this article and discover some intriguing insights from RELEX Solutions, among others. #Trends #Technology #ElectricVehicles #Retail

Recent news about **Nio's lower-priced brand, Onvo**: - **Launch Date**: Chinese electric car company Nio is set to launch its lower-priced brand, **Onvo**, on **May 15, 2024**¹⁵. - **Market Context**: The launch comes amid a **price war** in China's highly competitive electric car market, which has also led **Tesla** to cut prices¹. - **First Model**: The first Onvo model, called the L60, will be a "family-centric smart BEV" priced around approximately $34,600. This places it in the same segment as the **Tesla Model Y**¹. - **Battery Sourcing**: Nio has reached an agreement with larger rival **BYD** to source batteries for the Onvo brand². - **Brand Meaning**: The name "Onvo" stands for **"On Voyage"**, and in Chinese, it translates to **"Le Dao,"** which means **"Path to Happiness"**¹. Nio's move to introduce a more affordable brand reflects the ongoing dynamics in the Chinese EV market and aims to provide consumers with additional options in the lower price range¹⁵. 🚗💡

Catch 22 on #ebikes and light #emobility Most of the products, electronics and batteries are #chinese #made and will become more expensive under new #tariffs. 📉 Downside is more expensive emobility products. 📈 Upside is a potential catalyst to #reshore manufacturing and production. This creates jobs and supply chain security. But this can take years and a lot of investment. We also need more #standards for interoperable parts such as batteries to create hot-swappable battery sharing systems. 🚲 Do you know about this sector and innovators working on solutions to the problem? https://lnkd.in/gCPh3eau

🚴♂️ E-scooters are rapidly becoming a popular choice for urban mobility. Whether it’s commuting, short trips, or navigating through the city, E-scooters offer convenience, efficiency, and eco-friendliness. Why Choose E-Scooters? 1.Eco-Friendly: Powered by electricity, E-scooters produce zero emissions, contributing to cleaner urban environments. 2.Cost-Effective: Compared to traditional cars, E-scooters have lower operational costs and save you from expensive parking fees. 3.Convenient and Flexible: Their compact size makes them perfect for short city trips and avoiding traffic congestion. 4.High-Tech Features: Modern E-scooters come equipped with advanced features like GPS tracking, smartphone app control, and anti-theft systems. #Productlink: https://lnkd.in/gN3VGRBH Looking Ahead As a part of the E-scooter industry, we are committed to providing high-quality, intelligent mobility solutions that enhance the riding experience. We welcome you to share your thoughts and experiences with E-scooters in the comments! 📩🌍🔋 Contact: Eric Zhu Whatsapp:+86 1993936 7244 E-mail: [email protected] #ElectricScooter #UrbanMobility #GreenTransportation #SmartCity #Sustainability #TechInnovation

Are these entrants going to shift automotive consumer behavior and shift the approach of the traditional industry players significantly? Read this report to find out more.

As the market responds favorably to the hybrids and more brands planning to enter the segment, should the GST on hybrids be at par with that on EVs for the benefit of manufacturers as well as customers?

Chinese automotive brands took 3% of sales in 2023, yet their share of voice in digital was much higher—up to 12% in Norway. That's just one of the findings of Sophus3's briefing paper ‘The Long March: Chinese car brands in Europe’ which we share more widely today. The paper looks at the progress of the Chinese automotive groups seeking a foothold in the market with a particular focus on their digital capabilities and strategies.  Key takeaways: • 47 Chinese brands are identified as active in or approaching the market • The majority are utilising a conventional franchise model; only 3 are using a D2C (direct to consumer) approach • Sweden displays the highest level of market penetration by these brands The paper discusses recent developments on the policy front and news on the unfolding strategies of individual brands and groups including BYD, Chery, Leapmotor, and Great Wall Motors. #automotivemarketing #digitalmarketing #EVIndex #evs #China #automotiveindustry

🚗⚡ How can convenience stores stand out in the era of electric vehicles (EVs)? Patrick O'Mara from RELEX Solutions shares key insights on creating unique and differentiated experiences that captivate consumers. Check out the Convenience Store News article for strategies that could define success in the transition to an EV-centric future. #CSNewsOnline #Trends #Technology #EV #ElectricVehicles

Electrified or Terrified? The impending arrival of Chinese EVs presents challenges for European car manufacturers #oems, forcing re-appraisal of pricing and distribution strategies, product innovation and reassessment of brands. While we see plenty of evidence of activity on EV product development and new distribution models (agency, D2C, e-commerce, franchise etc) - there appears far less on brand investment activity. There's much debate within the industry. but what do customers think? Interested? Our automotive team Neil Burrows, Steve Mclennan and Fiona Silver are ready to talk... #automotiveindustry #customerinsight #electricalvehicles #motorindustry #marketintelligence www.saturnfive.co.uk

Thought for 2024.. In any rapidly changing environment it pays to understand what your customers are thinking - continual monitoring and an agile approach to gathering insight improves how well, and how quickly, you can respond. #customerinsight #marketanalysis #strategydevelopment #automotive https://lnkd.in/eTGMfgub