A moment in EU car history: EV sales overtake diesel for fist time January 17, 2022 The sale of electric vehicles (EV) in the European market has surpassed that of diesel cars for the first time ever, according to Financial Times preliminary estimates. Across 18 European markets – including the UK – more than a fifth of vehicles sold were electric, while diesel cars slumped to less than 19 per cent. [...]
Nickel prices rise to 10-year highs as car giants embrace electric vehicles January 12, 2022 Nickel prices surged to decade-highs on Wednesday, as car giants scramble to secure supplies for electric vehicle batteries as the market booms.
Electric vehicle registrations provide much-needed momentum for car manufacturers in 2022 January 6, 2022 A historically strong year for electric vehicle registrations provided some sparks of life to an otherwise morbid domestic car market in 2021.
Toyota invests $35bn in EV development to rival market players December 14, 2021 Toyota has announced it will invest $35bn in the development of electric vehicles (EVs), with the aim to rival some of the market’s biggest EV player such as Tesla. The sum will be divided between vehicle development – as the automotive giant aims to sell 3.5 million battery EVs per year by 2030 – and [...]
Investors bet on EV despite Omicron concerns, Freetrade reveals December 13, 2021 Despite Omicron concerns startling the markets, investors are increasingly betting on electric vehicles (EVs), as according to online stockbroker Freetrade, four out of the 10 most popular stocks in November were from EV companies. Newly listed Rivian and EV charging point Pod Point as well as consolidated firms such as Tesla feature among those most [...]
Gridserve to roll out biggest EV charging upgrade in UK history December 9, 2021 Gridserve will roll out the biggest upgrade of motorway electric vehicle (EV) charging points in UK history, as the company announced that 20 electric hubs will be installed across the country from March. Each hub will feature between 6 and 12 350kW chargers, adding up to 100 miles of range. Gridserve will also build two [...]
Micromobility firm to launch UK’s first shared e-moped service December 7, 2021 UK micromobility firm Human Forest is set to roll out its shared e-moped service in London from January, becoming the first company in the country to have a shared e-moped fleet. The company’s network will initially consist of 100 vehicles, to be deployed across the capital, with numbers going up to 200 during the year. [...]
UK car sales grow but industry warns troubles are not over December 6, 2021 After four months of consecutive decline, new car registrations showed signs of recovery, going up 1.7 per cent in November compared with the same time last year. According to data from the Society of Motor Manufacturers and Traders (SMMT), 115,706 cars were registered last month, with electric vehicles becoming the main drivers beyond the demand. [...]
EV patents rise as net zero deadline drives fossil fuels down December 6, 2021 The number of electric vehicle (EV) patents has gone up all across the world, while fossil fuel ones have registered a rapid decrease in the last five years – a sign that manufacturers are taking seriously the decision made by governments to phase out the sale of new fossil fuel cars from 2030. Data from [...]
Car sales will mostly be online by 2030 in a blow to vehicle dealerships November 30, 2021 UK motoring executives think cars will be mostly sold online by 2030, with electric vehicles (EVs) making between 70 and 100 per cent of new vehicle sales in western Europe. Data from KPMG’s automotive executive survey has revealed that 59 per cent of 1118 executives interviewed believe online sales will become the norm by the [...]