New car market closes in on pre-pandemic levels but EV sales slow ahead of post-Brexit tariffs December 5, 2023 The new car market rose 9.5 per cent last month, marking the best November in four years and close to pre-pandemic levels.
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Can’t beat them? Join them. European automakers rev up stakes in Chinese EV makers October 30, 2023 European automakers are revving up their stakes in Chinese electric vehicle makers in a bid to crack the market amid cut-throat competition.
MG motors tops £1bn UK sales as affordable EVs popular with Brits October 15, 2023 The Chinese-owned car brand MG Motors reportedly made over £1bn in UK sales last year as drivers were drawn to its affordable electric cars. MG’s revenues rose 122 per cent to just over £1bn attributing the rise to “impressive sales” of its EVs in 2022, according to a news report in the Times. Pre-tax profits [...]
Nissan says all new models coming to Europe will be fully electric September 25, 2023 Nissan Motor Co said on Monday that as of now all new models it launches in Europe will be fully electric by the end of the decade.
Net Zero: Labour pledge to reinstate 2030 ban on new petrol and diesel vehicles September 21, 2023 The Labour Party has pledged it would reinstate the ban on the sale of new petrol and diesel cars from 2030 if elected into government.
Angry car makers: Delaying petrol and diesel ban will damage EV investment in UK September 20, 2023 Leading car manufacturers have urged the government to give clarity on its proposed row back on banning petrol and diesel cars, saying they’ve invested hundreds of millions to meet targets. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), said the policy change will cause “concern” among car makers. It has [...]
Car production surges by a third on EV demand as sixth month of growth signals recovery August 31, 2023 Car production in the UK surged in July, rising by nearly a third to mark its sixth consecutive month of growth and driven by a flood of electric vehicles (EV) entering the market. The latest figures from the Society of Motor Manufacturers and Traders (SMMT) showed 76,451 vehicles rolled off factory lines in the UK, [...]
Aussie buyer of Britishvolt fails to pay up, administrators say August 8, 2023 The Australian company which was supposedly meant to buy failed battery start-up Britishvolt has missed the deadline.
A battery a minute: New car registrations surge as EVs eat into market share August 4, 2023 One new battery electric vehicle was registered every 60 seconds in July, as the UK’s new car market recorded a full year of growth. Registrations of new cars were up more than a quarter (28.3%) in July compared with the same month last year, according to figures from the Society of Motor Manufacturers and Traders [...]