Escalent

Tesla sales are falling and Elon Musk's political ties are impacting this alongside increased competition and a stagnating product line. Inc. Magazine turned to our BEV expert K.C. Boyce to share data and insights on how this is impacting Tesla in the US and Europe in this new article: https://hubs.li/Q038KqT50 #auto #EVehicles #insights Inc. Magazine

In a world of constant change, uncertainty, and full of noise, how can brands break through, build meaningful customer connections, and drive sustained growth? Escalent, alongside our business units, C Space and Hall & Partners, invites you to an exclusive in-person event—The Fight for Clarity on Tuesday, 1st April, from 2-6 PM at Everyman Borough Market, London. The event features insightful panel discussions, an immersive customer safari, and valuable networking opportunities with industry leaders over drinks and canapés—all designed to equip you with the clarity and confidence needed for 2025. For more details, let's connect. https://hubs.li/Q038yMDM0 #MRX #Insights #CustomerExperience #BrandStrategy #TheFightForClarity

Chinese automakers entering the market offer greater choice for consumers and fresh impetus to a stagnating BEV market. But for the established hierarchy, these new entrants bring fresh challenges. What do new-car buyers think of China-based OEMs? In his latest article published in Automotive News, BEV expert Mark Carpenter answers just that—discussing how Chinese OEMs are impacting new-car buyer purchase consideration and sharing data from our study on the impact of Chinese automotive brands in the US and Europe. Get the full scoop here: https://hubs.li/Q038zS1P0 #ElectricVehicles #AutomotiveIndustry #OEM Automotive News

Public charging remains one of the biggest hurdles for battery electric vehicle (BEV) adoption—with non-Tesla owners feeling it the most. New data from our EVForward study highlight how 73% of non-Tesla owners have faced slower-than-expected charging times, compared with 53% of Tesla owners. Finding a fully charged vehicle still occupying the charger is another common pain point, frustrating 72% of non-Tesla owners vs. 45% of Tesla owners. And when it comes to encountering a broken charger, 73% of non-Tesla owners have run into one, compared with 34% of Tesla owners. In this blog, https://hubs.li/Q038n3tV0, our EV experts, K.C. Boyce and Nikki Stern, explore what these data mean for charge point operators (CPOs) and uncover the opportunities for CPOs to set themselves apart from Tesla by improving the BEV public charging experience. #BEV #evcharging #data #Advisory

Prospective battery electric vehicle (BEV) buyers are asking for automakers and charge point operators (CPOs) to make home and public charging easier, but is anyone listening? New data from our EVForward study reveal that 71% of new-car buyers are likelier to choose a BEV from a manufacturer that provides seamless home charging installation. Similarly, 72% would be more inclined to buy a BEV if the manufacturer included two years of free DC fast charging. Speaking of public charging—while 72% of new-car buyers want free, fast charging, long wait times, slow speeds, and high costs are still significant complaints. So, what can automakers and CPOs do to solve these challenges? Our data and insight explore the way forward here: https://hubs.li/Q0389DP60 #BEVs #evcharging #MarketResearch

What's better than networking at Work Truck Week? Join us and Work Truck Solutions during our Loungin’ on Thursday reception on March 6 from 5-8 pm EST with cocktails, hors d'oeuvres, and conversation at the Hyatt Regency. This reception is an excellent opportunity to unwind and chat with industry peers—not to mention there will be exciting giveaways! Register here: https://hubs.li/Q037YFvP0 #commercialvehicles #fleet #WorkTruckWeek

For Chinese BEV brands entering Europe, one question looms large: What’s the right retail strategy to establish a credible market presence? But Chinese BEV brands aren’t the only ones who should be rethinking the dealership model—every automaker in Europe needs to adapt. In his latest article, Mark Carpenter shares insights from our Chinese Automotive Brand Impact Study in Europe as he explores how established automakers and new entrants can create compelling in-person experiences to build consumer trust and drive sales in an increasingly competitive environment. Read the full article in Automotive Management here: https://hubs.li/Q037YF3C0 #automotiveindustry #dealerships #emobility Automotive Management (AM)

Electrification, advances in safety technology, and strategic zero-emission vehicle adoption are reshaping how Class 8 commercial vehicles operate and compete in the industry. So, what will the powertrain mix for class 8 vehicles look like by 2030? And which manufacturers will lead the market? In part two of our miniblog series, we answer this and more with our data-driven insights and outline how manufacturers can stay ahead in this evolving market. Explore our insights here: https://hubs.li/Q035Ntwc0 #commercialvehicles #electrification #OEMs #datadriven

Why is encouraging electric vehicle (EV) adoption like herding sheep? European automakers and governments hope that new-car buyers will move rapidly towards EV adoption. Like herding sheep, however, buyers will not move at the right pace and in the right direction without pro-active and coordinated persuasion. According to our newest EVForward Europe study findings, only 20% of new-car buyers expect to buy an EV for their next vehicle, while 28% consider an EV won’t work for them but plug-in hybrid EVs (PHEVs) might. This shift in mindset suggests that the initial excitement around EVs a few years ago may be fizzling out as consumers consider other powertrain options, including PHEVs and extended range EVs. In a new blog, our European auto expert, Mark Carpenter, dives deeper into these findings and provides insight into whether the European auto industry is on the road to mass EV adoption—or stuck in transition with more detours ahead. Read more here: https://hubs.li/Q037zPxp0 #EVs #MarketIntelligence #Advisory

Chinese BEV brands are making waves in Europe, but what’s driving consumer perception—and purchase decisions? Our latest study reveals that a 27% price reduction could persuade European buyers to consider a Chinese BEV, while younger consumers need even less incentive. In a new article, Mark Carpenter breaks down the key insights from our Chinese Automotive Brand Impact Study in Europe and what they mean for global automakers. Get the full story in this Energy & Sustainability Solutions article: https://hubs.li/Q037n2XR0 #ElectricVehicles #BEV #automotive #Insights