J.D. Power Completely Acquires ZappyRide
J.D. Power announced the completion of its purchase of ZappyRide, an electric vehicle (EV) data company that builds white-label software and tools for automotive original equipment manufacturers (OEMs), electric utilities, and other greentech stakeholders.
January 12, 2023. By News Bureau
Uniquely positioned to deliver a comprehensive range of software and services that include strategic planning for electrification programs, consumer shopping and cost analysis tools, regional and federal incentive data and EV program administration resources, ZappyRide complements J.D. Power strengths in both automotive and utilities customer intelligence and analytics.
The ZappyRide acquisition is part of the J.D. Power E-Vision initiative—a new program focused on maximizing the company’s industry-leading EV data, analytics, insights and solutions.
The J.D. Power E-Vision initiative will encompass a broad range of J.D. Power product lines such as ZappyRide, EV syndicated studies and other exciting products that will be announced this quarter.
The purpose of the E-Vision initiative is to make it easier for the broad range of companies focused on the EV sector to leverage J.D. Power’s industry-leading portfolio of products in a seamless and integrated way.
“The far-reaching implications of the historic EV transformation are not isolated to the auto industry; they are creating ripple effects far and wide that will change the game for utilities, federal and local governments, consumers and more,” said Dave Habiger, president and CEO of J.D. Power.
“The U.S. market saw approximately 20 new EV models launched in 2022 alone, and with roughly one-fourth of Americans now indicating that they are ‘very likely’ to consider an EV for their next purchase or lease, it has become clear that the world as we know it is changing quickly,” said Craig Jennings, president of J.D. Power Autodata Solutions.
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