Cap HPI urges industry to navigate ZEV Mandate with caution

Data experts at Cap HPI are warning the industry to approach the upcoming months with care as the pressure to meet Zero Emission Vehicle (ZEV) mandate requirements intensifies.

Derren Martin, director of valuations at Cap HPI, said managing supply channels wisely, avoiding market oversaturation, and recognising the limitations of discounting as a strategy to maintain market balance would be crucial.

“Careful consideration and strategic planning from all sectors, particularly OEMs, are crucial for navigating this rapidly evolving market.