The last decade has seen a shift change in the way customers go about purchasing cars. The days of haggling at your local car pitch are largely gone, being replaced with car configurators and online marketplaces offering hundreds of thousands, rather than a dozen or so, models to choose from. Even the test drive, quite possibly the most exciting element of the car buying experience, has given way to the video walk around. 7% of British drivers now state that they won’t even see what car they’re buying in person before it lands on their driveway. But does this shift towards a purely digital experience for what is often the second most expensive purchase of someone's life alienate some drivers? How meaningful is it to have a knowledgeable and helpful sales executive at the end of the phone? Fortunately Preston's Hippo motor group offers customers both the convenience of the vehicle drop ship, online leasing, and a beautiful showroom with a team of true car people.
Hippo Motor Group, founded and headquartered just outside Blackburn shows you can do all of these at the same time and thrive. Scaling rapidly over the past ten years, turning over £143 million in 2022. The firm, that is still headed by the founding Preston family, has shown that you can blend the need for online automotive retail to meet the demands of modern drivers with the visceral experience of sitting, driving, feeling that a traditional dealership brings.
And in tandem with the need to adapt to online retailing, the advent of electrification brings forth a myriad of new challenges and opportunities. According to research conducted by Haymarket, 76% of EV buyers spend more than 2 months researching their new car, compared to just 54% for internal combustion engined models. This, coupled with 60% of EV drivers citing charging concerns as their biggest barrier to EV entry (according to EY), is where Team Hypervolt come in. We are delighted to announce our appointment as Hippo’s Official EV Charging partner for 2023 onwards, assisting their large and diverse sales team, and customer base, with the sometimes complex journey to EV.
‘We’re seeing an increasing proportion of buyers complete their entire vehicle acquisition online which, whilst exciting and incredibly convenient for customers, also poses additional challenges when it comes to providing clarity around pain points. EV charging has traditionally been one of those problematic pieces, however we are here to provide certainty, consultative advice, and the five star service upon which our reputation is built to Hippo, its stakeholders, and customers’ Hypervolt’s Head of Partnerships, David Woodford says.
Welcome to the Hypervolt family Hippo Motor Group.
Hypervolt Limited is a UK-based technology company at the forefront of the electric vehicle charging industry. With a focus on innovation, Hypervolt develops cutting-edge EV charging stations, ecommerce platforms for the EV charging sector, and a comprehensive cloud operating system for managing renewable assets. Hypervolt is dedicated to making EV charging more accessible, efficient, and integrated with renewable energy solutions.
At Hippo, we are well versed in the motor industry. Hippo Motor Group was set-up by Thomas and Richard, part of the well-known Preston family of Lancashire, who’ve been trading in the area since 1906. With decades of experience picked up by Preston’s down through the years, we bring you a car finance company that has gained a firm reputation for fairness, value and customer service and, as a result, is one of the fastest growing car finance companies in the UK.
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