BMW: Most sales growth now electric as ‘tipping point’ for combustion engine passes January 15, 2024 BMW is making most of its sales growth from electric cars as opposed to traditional combustion engine vehicles, its CFO has said.
Electric car tariffs avoided as UK and EU extend post Brexit trade rules December 21, 2023 Prime Minister Rishi Sunak said the UK and the EU have decided existing regulations on electric cars will continue until the end of 2026.
Insuring electric vehicles is hugely expensive – and that might not change soon December 8, 2023 Insurers are facing a major dilemma over how to handle the huge cost of covering electric vehicles (EVs). Are they doing enough?
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 [...]