We’re running into the same question over and over again:   Why do prices keep going up? How can used cars be selling at prices ‘higher than new’?   #1 All new cars – not just EVs – are now selling above their MSRP prices Let’s first be clear on what new cars cost, and no, it’s not the MSRP. The “MSRP” means the Manufacturer’s Suggested Retail Price. This is the price the manufacturer puts on their website as the suggested price that new car dealerships charge for a car. A new car dealership can choose to sell the car for a price above, or below, the MSRP. From Edmunds: In January 20 ..read more

If you’re currently in the market for an EV, you might have noticed that electric car prices have increased and the waitlist for a new car could take months or years. This is due to skyrocketing demand, supply chain issues, scarcity of key raw materials, and other factors. We understand the challenges to get your hands on an EV, which is why we’re here to make sense of it and offer a solution.    Increased Demand for EVs Due to a larger public awareness of the importance of reducing greenhouse gas emissions and the high fuel prices, the demand for electric vehicles has also increased ..read more

EV Net customer and Electric Autonomy Managing Editor, Emma Jarratt, recently shared her experience as a first time EV owner tackling a Canadian winter. Spoiler alert… according to Emma her Nissan Leaf (named Daisy Rose) is “thriving while driving in the winter”. Let’s face it, winter is not easy on any car, gas or electric. Many gas car drivers have experienced the nervous moments of starting an engine during a typical Canadian deep freeze. The initial reluctance for it to turn over while the usually fluid and lubricating oil has turned to a sticky molasses. Our more northern climates rely on ..read more

In February 2021, KPMG polled 2000 Canadians on electric vehicle adoption.  The survey found that “​Seven in 10 Canadians (68%) who plan to buy a new vehicle within the next five years are likely to buy an electric vehicle (EV), either pure or hybrid.” And although The challenges for many (60%) are the high purchase price of new electric vehicles and that 77% want a minimum of 400km on a full battery, we’re here to tell you that things are changing.  Pre-owned EVs are now more accessible, with lower prices suited for people from all walks of life.    Benefits of buying a pr ..read more

Have you seen this label before?                 This is a sample label for a gasoline vehicle, which is slightly different from the labels that appear on electric vehicles. Ever wonder how to read fuel consumption labels and what all these numbers mean? That’s what we’re going to cover in this blog post. The EnerGuide label gives model-specific fuel consumption information for new light-duty vehicles available for sale in Canada. This includes passenger cars, vans, pickup trucks and SUVs. By using the EnerGuide labels, you can make comparisons be ..read more

Electric vehicle ownership is more convenient than you may think.  Forget standing outside in the cold to fuel your car. Think about charging your car in a way that works around your time and your location.    At home Charging an electric car or plug-in hybrid is mainly done at home. Home charging accounts for 80% of all charging done by EV drivers. There are two types of home charging: Level 1 charging happens when you charge an electric vehicle (EV) using the charger included with the car. These chargers can be plugged with one end into any standard 120V outlet, with the ot ..read more

Hi EVeryone! My name is John Gordon VP, Operations here at Electric Vehicle Network, or EV Net for short. I’ve been in the business of importing and selling high quality pre-owned electric cars in Newfoundland since 2013. I’ve imported and sold literally hundreds of models here since then and continue to move units, even during this once in a century global pandemic. The following is a brief summary of what I’ve learned along the way in providing value to my clients in the province. I feel that what I’ve learned can serve as a template for the nation in approaching used EV opportunities.   ..read more

Johnny Beckett, VP, Sales & Customer Experience As 2020 drew to a close I found myself reflecting on the recent past and all those little situations–the circumstances and decisions that shape and inform our present. As an entrepreneur, focused on electric car adoption and sales since 2013 I found myself reflecting on my personal why and the motivation to keep going in the midst the most personally challenging year of my existence. I found myself reflecting on the why as applied to my latest venture, Electric Vehicle Network and why now? Why was I feeling a certain sense of urgenc ..read more

EV Net, plus our new EV investor, are helping to make electric car ownership accessible to all and we’re making sure you have a great experience from the very first time you try one. Whether you call them “EVs”, “electric cars” or even just “my car” , understanding how the switch to electric makes our lives better is a great start in understanding how important this will be for our future. Led by our passionate founders, Darryl Croft, Johnny T Beckett and John Gordon and recently joined by investors Sean and Daniel Hart, we’re helping to reshape what it means to own a car and how it feels to b ..read more

https://www.investmentexecutive.com/news/research-and-markets/electric-vehicles-a-significant-opportunity-for-canadian-energy-companies/ The post Electric vehicles a significant opportunity for Canadian energy companies appeared first on Electric Vehicle Network ..read more