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Copart Statement – Petrol and Diesel Car Sales Ban
Copart comments on PM’s announcement concerning petrol and diesel ban from 2030.
Commenting on the Prime Minister’s announcement that of petrol and diesel cars will be banned from 2030, Jane Pocock, MD of Copart, the UK’s largest salvage and used car auction company, said:
Jane Pocock
“We welcome this bold vision from the Prime Minister but planning for 2030 must begin now. Copart will be at the forefront of dealing with the implications of a surge in demand for EV.”
“We expect a significant increase in the number of motorists taking advantage of government incentives to trade in their petrol or diesel vehicles for low-emissions vehicles, and those used vehicles have to go somewhere.”
“Copart moves 500,000 vehicles through its auction site each year, and we are steadily building further capacity so that we can handle the increases in the wake of the PM’s announcement and take advantage of our Europe-wide footprint.”
She noted that, as a result of the plans, the government has ruled out new of hybrid vehicles from 2035, unless those vehicles can ‘drive a significant distance with no carbon coming out of the tailpipe,’ which will rule out most of the current hybrid models.
Turning to the fleet sector, Jane said:
“Post 2030 there will be a lot of petrol and diesel vehicles remaining on our roads, so the demand for green parts from salvaged vehicles will be significant.
“In the next decade, Copart will continue to maximise returns for our customers. We won’t be turning our backs on fossil fuel vehicles while there are still millions on the road, and we have the additional advantage of being able to access the overseas market.”
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Owain Griffiths
Head of Circular Economy at Volvo Cars
Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation.
Turning into a circular business and the importance of vehicle reuse and recycling.
The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.
e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts.
The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.
The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership.
