Electric truck maker Tevva gears up for UK mass production January 11, 2023 Electric truck maker Tevva is set to start mass production of electric vans after receiving the green light from both UK and EU regulators. The Essex-based “scale up” has received the okay from the UK Vehicle Certification Agency as well as Sweden’s transport agency, meaning it can manufacture and sell trucks with both left and [...]
China’s reopening could spell short-term trouble for Airbus, CEO warns January 10, 2023 Airbus warned today that China’s decision to end its strict zero-Covid strategy and reopen its borders could pose difficulties for the company heading into 2023. “In the short-term, China will create additional difficulties and complexities that we will have to deal with,” chief executive Guillaume Faury told journalists today. The warning comes as the European [...]
Petrol price plummets to below 150p for first time since Russia invaded Ukraine January 10, 2023 The average price of petrol has fallen below 150p per litre for the first time in more than 10 months. Figures from data company Experian show the average price of a litre of the fuel at UK forecourts on Monday was 149.7p. The reduction of nearly 42p from the record high of 191.5p in July last year, [...]
Sadiq Khan urges government to continue investing in future TfL projects January 10, 2023 The Mayor of London nhas called on the government to continue funding Transport for London’s future projects. Sadiq Khan told City A.M: “The history of London Underground shows that you’ve got to invest now for the future, you can’t stand still,” “We need government support for further investment in both the underground network and [...]
Sadiq Khan says ‘talking is better than walking’ as he urges unions to call off Elizabeth line strike January 10, 2023 Sadiq Khan has urged rail unions to call off their planned strike on the Elizabeth line this week and encouraged them to get back to the negotiating table, saying that “talking is better than walking.” Rail platform workers on the line from unions TSSA and Prospect are set to down tools on Thursday after rejecting [...]
Up-up but not away: Branson’s historic Virgin Orbit UK rocket launch ends in failure after anomaly forces return to earth January 10, 2023 An attempt to make British space history by launching a rocket into orbit from UK soil has ended in failure after suffering an “anomaly” during the flight. After taking off from Cornwall, the Virgin Orbit plane flew to 35,000ft over the Atlantic Ocean where it jettisoned the rocket containing nine small satellites towards space. Organisers [...]
Bentley posts record sales as luxury car market looks set to ride out cost-of-living crisis January 10, 2023 Bentley has broken another sales record, as it delivered over 15,000 vehicles for the first time in its 104-year history. Over the past 12 months the luxury car maker sold 15,174 vehicles – a 4 per cent up on the record levels of 2021. The significant growth was driven by the introduction of new models [...]
RAC demands VAT cut for EV chargers after 50 per cent jump in charging costs January 10, 2023 The RAC has called on the government to cut the VAT rate at public electric vehicle charging points following a 50 per cent increase in charging costs over the past eight months. Data published today by the motoring group show that it now costs 70.3p per kilowatt hour (kWh) to rapidly charge an electric vehicle [...]
Rail strikes: Huw Merriman praises ‘constructive’ meeting with unions January 9, 2023 A meeting between the biggest rail workers’ union, train operators and the government, aimed at resolving the bitter dispute over pay, jobs and conditions, has been described as “constructive”. Leaders of the Rail, Maritime and Transport union (RMT) met employers and rail minister Huw Merriman following the latest industrial action, which crippled services last week. Merriman said: [...]
Jaguar Land Rover’s sales to retailers surge as semiconductor shortages ease January 9, 2023 Jaguar Land Rover today reported a surge in the number of sales to retailers, as the semiconductor shortages that have plagued the automotive industry for the past three years begin to ease. The luxury car maker produced 79,591 vehicles in the three months to 31 December, 15 per cent up on last year’s levels. Wholesale [...]