b'6 Business SuccessElectric Vehicle UpdateBy Amanda ZmolekH ello everyone. I am workingProblems arent a set-on this article in March in the midst of the Coronavirus out-break. I hope that by the time thisback; theyre an opportu-reaches you, things will have gottennity to change and better. My thoughts and prayers areimprove, so its no big deal with you and your families. I promised to give an electric carwhen a new problem update in the spring. So here it is. Icomes along in real life.hope you find it useful.******** see on the horizon. You may think whatautomobiles coming into our yards from The automaker has said it plans toIm describing is cool or boring orthe 2020 model year is a hybrid or elec-build 20 EVs globally by 2023. maybe youre just thinking when cantric vehicle. I just ran the number again Wow. I had been planning to writewe stop for snacks!? Its all good withtoday at the beginning of March, and an electric vehicle update for everyoneme. These are just some observationsits still coming in at 5.6%. Of course, it in March, but the article I stumbledfrom a friend.does cost more to repair EVs than inter-upon in Automotive News this after- nal combustion engine cars according to noon surprised even ME! The auto- Is It Really a Big Deal? Mitchell industry data, even if you maker is GM and the article followedIm seeing all these articles aboutremove expensive high-end Teslas from a major EV press conference held on March 4th. The electric vehicle news isnew electric and hybrid vehicles comingthe calculations. But skewed repair stats coming out so fast these days, I feelout; but the actual cars and trucks aredont change the fact that those cars are like if I blink, I might miss something.still a bit sparse on my daily commute.in our yards and being auctioned every Do you get that feeling too? So I decided to do a little research. Iday. went to our Copart.com website andBy the way, you can try this filter-pulled up all vehicles. Then I started fil- ing on your own anytime you like. Just My Standard EV Disclaimer tering by fuel type and year just to seeclick on the search magnifying glass at If youve read my other electricwhat I could see. What I found wasthe top of our website and use the filters vehicle updates, you know I do notpretty surprising. This data is from theon the left to narrow down to what mean for this to be an ad for EVs. Butbeginning of February. youd like to measure. Volumes will since I work for a salvage auction, weFirst, I narrowed it down tofluctuate over time as auctions run, but tend to see new vehicles as soon as theyhybrid/electric. I ran a quick calculationyoull still get a good idea of what is are offered to the public and make theirand found they were 2.5% of our inven- coming across the block.way to the road. As you and I bothtory. Next, I narrowed vehicle type know, the cars people drive are also thedown to automobiles; they still onlyWhat About Low Gas Prices?cars people wreck. Actually, some vehi- accounted for 2.7%. I tried automobilesThe price of crude oil dropped by cles get damaged on the way to the deal- 2017 and newer. Electrics and hybridshistoric amounts on March 9th . That ership before theyre even sold!made up 3.7% of that batch. At last, Imay or may not translate into much I was talking to my boss abouttried only 2020 automobiles and foundlower gas prices by the time you read what I wanted to include in this article.the aha! I was looking for. I knew itthis article. If gas prices are lower, you I explained it like this: its like Im outwas in there somewhere. Hybrids andmight think interest in electric vehicles riding bikes with my auto recyclingelectrics made up 5.6% of our 2020would decline just as rapidly. Heres the friends and I happened to get to the topinventory.thing thoughit takes a long time for a of a hill first. So Im describing what IThat means 5 or 6 out of every 100big ship like an auto manufacturer to'