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← Newsroom/EVs & hybrids

Ambitious “35 by 35” electrification targets will require a rapid transition to electric vehicles

Compiled by ADME Newsroom from 1 source

First reported by The Driven · 31 October at 10:57 am

Who's covering this — 1 article

EV specialists
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The quick read

Full coverage

The Driven·EV specialists·31 October at 10:57 am

Ambitious “35 by 35” electrification targets will require a rapid transition to electric vehicles

Flagship “35 by 35” initiative will require an immediate and rapid transition to zero-emission vehicles (ZEVs). The post Ambitious “35 by 35” electrification targets will require a rapid transition…

Read at The Driven →

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The quick read

  • The 35 by 35 initiative requires a rapid transition to zero-emission vehicles
  • Australian dealers will need to adapt to the changing market
  • The initiative will impact showroom traffic and stock ordering
  • Dealers will need to adjust their pricing and margin strategies

For dealers: Australian dealers must prepare for a significant shift in consumer demand towards electric vehicles

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The 35 by 35 initiative's emphasis on zero-emission vehicles will lead to a decline in demand for traditional internal combustion engine vehicles, resulting in reduced showroom traffic for these models

What it means for the order bank

Dealers will need to reassess their stock ordering strategies to ensure they are meeting the growing demand for electric vehicles, while also managing the decline of traditional vehicle sales

The rapid transition to electric vehicles will require dealers to invest in staff training and education to effectively sell and service these new models

Pricing and margin implications

As the market shifts towards electric vehicles, dealers will need to adjust their pricing strategies to remain competitive, potentially impacting their profit margins

The 35 by 35 initiative will also lead to increased competition among dealers, as they compete for a share of the growing electric vehicle market

Taking action

This week, dealers can take the first step towards preparing for the 35 by 35 initiative by reviewing their current stock and ordering processes, and identifying areas where they can adapt to the changing market demands

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