CMA to examine electric vehicle sector December 2, 2020 The Competition and Markets Authority (CMA) is launching a market study into electric vehicle charging, following the government’s move to ban the sale of new petrol and diesel vehicles to 2030. The study will focus on the supply of chargepoints for plug-in hybrid and all-electric ‘passenger’ electric vehicles, comprising cars and light vans. The move [...]
Electric cars can transport Britain to a greener future March 25, 2020 As the UK lockdown begins, now is a chance to pause, to take a step back, and consider how our world moves forward when the Covid-19 crisis is over. Right now, we are all staying at home, but when we can travel once again, what does the future of transportation look like? Britain is still [...]
Only five car battery tech patents filed from the UK in 2019, says BDO February 24, 2020 A record number of patents were filed in 2018/2019 as countries race to develop electric car batteries – but data suggests the UK is falling behind when it comes to the automotive technology. Advisory firm BDO has found 3,400 battery patents were filed in this period, a 57 per cent increase on the year before [...]
UK new car sales fall in January as industry condemns 2035 ban February 5, 2020 The number of UK new car sales fell 7.3 per cent at the start of 2020, according to industry figures released today. Sales of new diesel cars plummeted 36 per cent year on year in January, their worst performance in 20 years, statistics released by the Society of Motor Manufacturers and Traders (SMMT) showed. And [...]
Most Brits intend to turn to electric or hybrid cars with next purchase January 31, 2020 The majority of British drivers do not intend to buy a conventional petrol or diesel car for their next purchase, amid growing interest in hybrid and electric cars. Only 48 per cent of consumers in a major poll said they plan to buy a traditional internal combustion engine-powered car next, City A.M. can reveal. That [...]
European car sales set to drop for first time in seven years, says trade body January 23, 2020 Europe’s car sales are likely to decrease this year, according to the European automotive industry association ACEA. Car registrations are projected to drop two per cent in 2020, which would be the first drop in seven years. The forecast is likely to fuel growing concerns that car manufacturers’ best days are behind them. Companies are [...]
Why London black cabs might ferry you around the Tokyo Olympics January 21, 2020 Londoners visiting Tokyo this summer will find a small part of home on the streets of the Japanese capital, after a fleet of London black cabs comes to the city in time for the Olympic Games. The London Electric Vehicle Company, the UK-based maker of the plug-in hybrid version of London’s black cabs which is [...]
The wheels come off: Are car sales still a bellwether for the UK economy? January 21, 2020 Route planning is always tricky. For investors, charting a path through the busy roadworks of the UK economy in 2020 can be especially hard, so markets are quick to pounce on any data that might provide a turning signal for the future. That’s why figures released earlier this month by the Society of Motor Manufacturers [...]
Government doubles funding for electric car charge points to £10m January 21, 2020 The transport secretary has announced a fresh wave of funding to build thousands more on-street residential electric vehicle charge points this year. Grant Shapps said he hoped to help make it easier to find “affordable, reliable” charge points for electric car drivers by doubling current funding to £10m. This is enough to build up to [...]
Hyundai and Kia inject €100m in London electric vehicle scaleup January 16, 2020 Car making giants Hyundai and Kia will today reveal a €100m (£85.6m) in London-headquartered electric vehicle firm Arrival. The move will mark the beginning of a strategic partnership between the trio which will see Hyundai and Kia use the scaleup’s technology to develop mobility solutions and electrify their vehicles. Arrival, which has more than 800 [...]