Advertisement feature from Black Horse
Tim Smith, head of Black Horse Distribution
As sales of new battery electric vehicles increase, larger volumes of electric vehicles are now entering the used car market. And we are at the start of the market transitioning towards more sustainable fuel options.
The growing pains of the new EV market are well documented with factors like government support levels, charging infrastructure and price adjustments predominating. The price of charging has also been hugely impacted by global events, which make it a challenging environment. Used car buyers currently see the big move to an EV as a more expensive option at a time when living costs are painfully high.
There is a lot to work through to ensure we hit the emissions goals that are so critical to all of our futures. And at Black Horse we are keen to support dealers and consumers more widely to ensure we help make used electric vehicles mainstream.
We are currently launching and developing innovative finance offers to help dealers get consumers interested in used EV options. And we are also delighted to be entering two teams into the EV Rally in July this year to show how used EVs can be a good value purchase. The EV Rally includes around 50 EVs setting off from Cardiff, where they will embark on a five-day, 1,200+ mile “e-Rally” taking in all of the capital cities of the UK, and relying solely on the public charging infrastructure across a mixture of motorways, A-roads, B-roads, towns, cities and countryside.
Team Blackhorse will be the first used vehicle finance provider to participate in used EVs… and we look forward to sharing our stories across social media and at events along the way.
So, be sure to watch out for further details on our progress with 
raising the profile and developing the offers that will all contribute to creating a sustainable future.