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electric van

  • Auto Trader: Brits turn to older cars amid ‘economic uncertainty’

    Transport and infrastructure

    Brits are turning their backs on new cars choosing to buy more older models amid “ongoing economic uncertainty”, according to FTSE 100 giant Auto Trader. The Manchester-headquartered company said a “standout trend” of 2025 so far is the “growing appetite for affordable used cars”, particularly those aged between five and 10 years old. Auto Trader has [...]

    UK road users are turning to older cars in greater numbers, according to Auto Trader. (Photo by Christopher Furlong/Getty Images)
  • Sir Richard Branson-backed Gridserve cuts jobs as it loses over £80m

    Business

    Gridserve, the electric vehicle (EV) charging network whose investors include a fund backed by Sir Richard Branson, cut jobs as it lost more than £80m in 2024, it has been revealed. The Swindon-headquartered business has reported a pre-tax loss of £82.7m for its latest financial year, according to new accounts filed with Companies House. Gridserve [...]

    Gridserve recently announced an extra £100m in funding.
  • ‘Heavy discounting’ sparks new electric car sales surge

    Transport and infrastructure

    New electric vehicle (EV) registrations jumped in August as “heavy discounting” by manufacturers and a raft of new models tempted consumers to make the switch. The latest figures from the Society of Motor Manufacturers and Traders (SMMT) reveal a 10.8 per cent increase in battery electric vehicle (BEV) registrations in the last month. BEVs now [...]

    New car registrations fell 1.3 per cent in August ahead of September's plate changes.
  • Falling number of London taxi drivers leads to LEVC losing more than £100m

    August 21, 2024

    LEVC is attempting to boost its net worth by £100m to combat the falling number of taxi drivers in central London and the expected further decline in its sales this year. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, is in the process of increasing the value of everything a [...]

  • ULEZ: Only two per cent of scrappage scheme vans replaced by electric

    June 26, 2024

    Of the 16,207 approved applications to scrap a petrol or diesel van between January 2023 and May 2024, only 372 were replaced with an EV.

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