PYMNTS-MonitorEdge-May-2024

CarParts.com Introduces Shopping Hub For EVs, Hybrids

CarParts.com Introduces Shopping Hub For EVs, Hybrids

Torrance, California-based CarParts.com, Inc. rolled out a centralized shopping location for the electric vehicle (EV), plug-in hybrid and hybrid community, according to an announcement.

The automotive parts company said that developing an eCommerce stores for hybrids and EVs is the next large investment in its expansion and commitment to getting drivers onto the road again, according to the announcement.

“Our dedicated shopping hub will help demystify the world of EV and hybrid auto parts, making it simple for customers to find the parts and information they need to get the job done,” CarParts.com Chief Merchandising Officer David Morris said in the announcement.

CarParts.com’s merchandise assortment for hybrids and EVs has expanded in recent months to encompass more than 700,000 applications to upgrade, maintain and fix EVs, plug-in hybrids and hybrids. Customers can access parts for more than 25 popular vehicle brands such as Chevrolet, Lexus, Ford, BMW, GMC, Honda, Toyota and Tesla.

CarParts.com Chief Executive Officer Lev Peker said in the announcement that consumers are more likely to purchase aftermarket parts as hybrid vehicles and EVs get older. While drivers remain in the adoption phase, Peker said that the company is witnessing an increasing number of green vehicles reaching its “sweet spot” of between 6 years and 15 years.

“Over time, we’ve seen the number of EVs on the road grow and thus the need for more replacement parts, and we will continue to make investments in our technology, supply chain, and customer experience to create the number one online destination for the EV community with the information, tools, and parts they need to get back on the road,” Peker said in the announcement.

The news comes as Envoy Co-Founder Aric Ohana told PYMNTS in an interview that the migration to EVs will have some tailwind for the sharing economy. Envoy provides users with on-demand, shared EVs for communities such as offices, apartments and hotels via a concept dubbed “mobility as an amenity.”

PYMNTS-MonitorEdge-May-2024