Tire industry analyst John Healy shares his thoughts on electric vehicles, the impact of the Russia-Ukraine war on the North American tire market, what tire dealers should prepare for and more in the third part of this exclusive interview.
MTD: Over the past few years, we’ve seen the emergence of several new product categories or sub-categories. The all-weather tire category has grown exponentially. The number of last-mile delivery vans continues to increase, leading to greater demand for C-type tires. And more manufacturers are entering the electric vehicle (EV) tire space with products that are specifically designed for these vehicles. What are your thoughts on the above categories and the opportunities they will provide for both tire suppliers and dealers?
Healy: The area I am most excited about is EV. I have come to the conclusion – after numerous conversations with industry operators and dealers – that EVs come back for tire service at a much more frequent and earlier life cycle than …