MEKO Focus Days:
The Aftermarket and the EV Wave
August 28-29, 2024
Lessons from Norway – electrification and its impact on the automotive aftermarket
The electrification of the automotive industry is gradually transforming the aftermarket landscape. As the European automotive market is projected to reach €220 billion by 2024, with an annual growth rate of 4.5 percent through 2030, electric vehicles (EVs) are becoming an increasingly significant part of the market, although it’s still in the early stages.
Norway is the European country where electrification has advanced the furthest. As the market leader in Norway, MEKO has gained valuable experiences and insights that indicate how the independent aftermarket will be affected long-term. These experiences may also point the way for how the market will develop in countries like France, Germany, and Italy, where the EV share of the total car fleet remains low.
Despite initial concerns that electrification could reduce demand for aftermarket services, MEKO’s experience in Norway reveals a different reality. The costs of maintaining EVs over their lifetimes are likely to match or even exceed those of traditional vehicles. This shift means that the independent aftermarket must adapt to new demands, such as servicing high-voltage components and managing the increased wear on tires, suspensions, and brakes caused by the heavier weight and higher torque of EVs.
Preparing for a sustainable future
At the same time, sustainability is becoming increasingly critical in the automotive aftermarket, driven by rising stakeholder expectations and a wave of new regulations like the Corporate Sustainability Reporting Directive (CSRD) and the Right to Repair Directive. These changes are impacting all industries, including the automotive aftermarket.
MEKO is proactively addressing these challenges through a solid strategy and various initiatives, including setting ambitious science-based climate targets, transitioning to low-carbon vehicles, and committing to using 100 percent renewable electricity by 2025.
The importance of innovation
As EVs become more prevalent, innovation is crucial for the independent automotive aftermarket. One example is remote diagnostics technology, which enhances the efficiency of vehicle repairs and supports workshops. This technology allows workshops to diagnose and repair vehicles without needing physical access, which is particularly valuable for servicing the complex systems found in EVs. By providing workshops with the tools and training needed to handle these vehicles, MEKO ensures that EV owners have access to the same level of service and convenience as those with traditional vehicles.
MEKO’s position in the transition
As the automotive industry shifts toward electrification, MEKO is positioning itself as a leader in adapting to these changes. By focusing on the specific needs of EVs, advancing sustainability initiatives, and innovating with remote diagnostics and digital customer solutions, MEKO is well-equipped to thrive in the evolving aftermarket landscape.
Media material
On this page, you can explore texts and presentations showcased during MEKO Focus Days 2024.
Representatives from MEKO:
- Pehr Oscarson, President and CEO, MEKO
- Louise Wohrne, Head of Sustainability, MEKO
- Andreas Forslund, Solutions Manager, MEKO
- Geir Hoff, Country Manager, Mekonomen Company Norway
- Silje Guleng, Head of ProMeister Competence Norway
Documents
Presentations and summary texts.
Portraits
The representatives are listed above with name and title. All images open in a new window.
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Pehr Oscarson, President and CEO, MEKO - image 4
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Pehr Oscarson, President and CEO, MEKO - image 6
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Louise Wohrne, Head of Sustainability, MEKO - image 1
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Louise Wohrne, Head of Sustainability, MEKO - image 2
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Andreas Forslund, Solutions Manager, MEKO - image 3
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Andreas Forslund, Solutions Manager, MEKO - image 4
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Geir Hoff, Country Manager, Mekonomen Company Norway - image 1
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Silje Guleng, Head of ProMeister Competence Norway - image 2
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Silje Guleng, Head of ProMeister Competence Norway - image 3
Rights
Press images may be used freely for editorial purposes but may not be changed without MEKO's permission and may not be used in a way that may be offensive to the author. Press images may not be used commercially. Always state MEKO and the photographer's name when publishing.
Photos from the Focus days
Photos taken by MEKO during the Focus days on August 28-29. The representatives are listed above with name and title.
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Pehr Oscarson - Focus day Norway MEKO
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Pehr Oscarson 2 - Focus day Norway MEKO
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Pehr Oscarson 3 - Focus day Norway MEKO
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Pehr Oscarson 4 - Focus day Norway MEKO
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Pehr Oscarson 5 - Focus day Norway MEKO
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Pehr Oscarson 6 - Focus day Norway MEKO
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Louise Wohrne - Focus day Norway MEKO
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Louise Wohrne 2 - Focus day Norway MEKO
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Andreas Forslund - Focus day Norway MEKO
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Andreas Forslund 2 - Focus day Norway MEKO
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Geir Hoff - Focus day Norway MEKO
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Geir Hoff 2 - Focus day Norway MEKO
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Geir Hoff 3 - Focus day Norway MEKO
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Silje Guleng - Focus day Norway MEKO
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Silje Guleng 2 - Focus day Norway MEKO
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EV workshop - Focus day Norway MEKO
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Audience EV workshop - Focus day Norway MEKO
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EV training - Focus day Norway MEKO
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Audience - Focus day Norway MEKO
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Audience 2 - Focus day Norway MEKO
Rights
Press images may be used freely for editorial purposes but may not be changed without MEKO's permission and may not be used in a way that may be offensive to the author. Press images may not be used commercially. Always state MEKO and the photographer's name when publishing.
Other images
General images and photos from MEKO.
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Photo MEKO - EV Training
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Photo MEKO - EV Training 2
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Image EV - Woman charging car
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Image EV - Car Recharging
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Image EV - Woman on the phone while car charging
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Image - Woman and man driving
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Image - Car mountains two person selfie
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Image - A child reaches out to open the car
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Image - Woman traveling by car in Norway
Rights
Press images may be used freely for editorial purposes but may not be changed without MEKO's permission and may not be used in a way that may be offensive to the author. Press images may not be used commercially. Always state MEKO and the photographer's name when publishing.
Logotype
The MEKO logo is available in four versions and colors; black, dark green, light green and white.
Rights
The logo may be downloaded and used, but may not be used for commercial purposes (as marketing for goods or services or as resale) or in contexts that conflict with MEKO's graphic identity or other laws and regulations. MEKO reserves the right to refuse use of the logo.
About MEKO
MEKO’s vision is to enable mobility — today, tomorrow, and in the future. Our aim is to be the most comprehensive partner for everyone who drives, repairs, and maintains vehicles in Northern Europe. We are the market leader with a presence in eight countries, 600 branches, and 20,000 workshop customers, including 4,500 workshops operating under our own brands. These include Mekonomen, MECA, Balti Autosaad, BilXtra, FTZ, Fixus, Inter-Team, Koivunen, and Sørensen og Balchen — among many others.
Press contact
MEKO’s communications shall be characterized by transparency, reliability and availability. We communicate via interim reports, press releases, annual general meetings, capital market days and our website. Please contact us if you need further information about MEKO.
![Anders Oxelström](/media/fkifro1r/a_oxelstro-m_portrait_24.jpg?width=10&height=10&rnd=133682800768570000)