UK on the EV podium as country leads the way compared with EU October 22, 2021 The UK is leading the way in terms of its preparedness to adopt electric vehicles (EV) and go fully green. According to a new report by driving education provider Zutobi, Britain comes after Norway in terms of number of registered EVs while it stands out when considering the number of EV searches per 100,000 people. [...]
Nexus on track for 2022 as smart energy business skyrockets October 22, 2021 Nexus expects to see its revenues grow and reach £138m for the year ended 30 September as a result of its smart energy business skyrocketing in the last 12 months. In a trading update released today, the infrastructure business has revealed that its order book has been maintained, with a £286.8m total standing registered in [...]
Woman convicted after assaulting TfL officers who wanted her to wear mask October 21, 2021 A woman has been sentenced to a 12-month community order after she assaulted two Transport for London’s (TfL) Transport, support and enforcement officers in December 2020. The defendant, Keia Williamson, was accused of being verbally abusive to officers after being asked to comply with the Covid-19 safety measures that required people travelling on the London [...]
London float: Staycation demand convinces Travel Chapter it’s time to go public October 21, 2021 To cash in on the recent demand in staycations across the UK, holiday let firm Travel Chapter has announced plans to float in London. The company, which operates more than 8,000 properties across the UK, will float on the London Stock Exchange’s junior AIM market. It is understood the listing is expected to value the [...]
Who wants to be a trillionaire? Musk in the race as Tesla profits hit record October 21, 2021 Morgan Stanley analysts believe Tesla’s founder and chief executive Elon Musk could become the world’s first trillionaire after the company’s results hit records, the Telegraph reported. The company’s revenues jumped 57 per cent to $13.7bn, with an operating income of $2bn and a 30 per cent increase in automotive gross margin while its shares more [...]
Off to Scotland for £15: Lumo launches London-Edinburgh service October 21, 2021 Low-cost rail service Lumo inaugurated this morning its first London to Edinburgh service, with an inaugural train departing at 10.45am from London King’s Cross to Edinburgh Waverley. Passenger operations will officially begin on 25 October and will aim to create 13 million additional passengers in the next decade. With prices starting from £14.90, Lumo’s had [...]
Addison Lee and JustPark strike EV charging partnership deal October 21, 2021 Private car hire service Addison Lee has struck a partnership with technology platform JustPark to provide drivers with off-street charging points for electric vehicles (EV). The deal will grant drivers access to Fleetcharge – a charging solution that provides charging locations for fleet drivers. The solution was developed by JustPark in collaboration with Octopus Energy. [...]
CAZ and ULEZ could cost city drivers up to £40m per month October 21, 2021 Ultra-low emission zones (ULEZ) and clear air zones (CAZ) could cost 110,000 people that drive through them in London and Birmingham up to £40m per month, warned digital bank Zopa. In a research published, today the bank revealed that – as the ULEZ charge is set to expand on 25 October – purchasing a ULEZ [...]
FirstGroup pockets £125m as it sells Greyhound Lines to rail group FlixMobility October 21, 2021 Transport firm FirstGroup has agreed the sale of its US long-distance coaches business Greyhound Lines to European coach and rail group FlixMobility for £125m. The deal comes as part of FirstGroup’s move to focus on its UK transport business. The firm said it will retain Greyhound properties, worth around £128m and lease them back to [...]
“Ludicrous” management of roads is suppressing mobility say hauliers October 20, 2021 Duncan Buchanan, director of policy at the Road Haulage Association (RHA), has told a Transport select committee hearing that local congestion rules such as low emission neighbourhoods are the main barrier for hauliers. “It starts to look as a punishment for something you should be able to do,” said Buchanan when talking about the need [...]