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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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electric vehicle

  • Tesla stalls Cybertruck production ahead of earnings

    April 17, 2025

    Tesla is pulling back on production of its much-hyped Cybertruck, just days before it reports first-quarter earnings on Tuesday. Workers at the company’s Texas factory have reported that staff have been reassigned to Model Y, a Tesla car coming out in June, and that several Cybertruck teams have been cut by over half, Business Insider [...]

  • Polestar takes advantage of Tesla sales slump

    April 10, 2025

    Polestar is benefitting from Tesla’s well-publicised slump as it revealed a huge growth in global sales for the first three months of 2025. The Swedish company, which is listed on the US Nasdaq, has sold an estimated 12,304 cars since the turn of the year, 76 per cent up compared to the same period in [...]

  • Why boss of FTSE 100 giant Auto Trader might ditch his Tesla

    March 25, 2025

    The boss of FTSE 100 Auto Trader may ditch his Tesla in the future as rivals to Elon Musk's giant become more competitive on price.

  • Government poised for ‘substantial change’ to ZEV Mandate after Nissan lobbying

    March 7, 2025

    The government has indicated it plans to relax electric vehicle sales quotas after Nissan claimed they threatened the future of its Sunderland manufacturing plant. Jonathan Reynolds told the Times a “substantial change of policy” had been agreed. “We will do everything we can to make sure Nissan has that secure long-term future in the UK, [...]

  • Rachel Reeves to unveil £65m investment in EV charging firm

    January 29, 2025

    Chancellor Rachel Reeves will unveil a £65m investment into an electric car charging company as part of a much-anticipated growth speech on Wednesday. City AM understands the new National Wealth Fund (NWF) will take an equity stake in Connected Kerb alongside Aviva Investors, the global asset management branch of Aviva Group. The NWF will commit [...]

  • Nissan supplier to create almost 200 jobs with new £50m EV factory

    January 16, 2025

    A major supplier of Nissan has invested nearly £50m to open a new factory in Sunderland, creating 183 high-skilled jobs for the local region. Jatco, a Japanese firm which makes gearboxes for global automakers, will build electrified powertrains for Nissan’s nearby gigafactory. Situated in Sunderland’s International Advanced Manufacturing Park, the 138,840 sq ft plant is [...]

  • Jaguar Land Rover: Drivers using plug-in hybrids as ‘stepping stone’ towards electric cars

    October 30, 2024

    Jaguar Land Rover has revealed a sharp rise in the sales of its plug-in hybrid models (PHEV) as its customers use them as a ‘stepping stone’ towards battery electric vehicles (BEV). The automotive giant has reported a 59 per cent rise in PHEV sales during the first half of its financial year compared to the [...]

  • Why Uber chief thinks electric cars are ‘just plain better’

    October 8, 2024

    Electric vehicles (EVs) are “just plain better”, the chief executive of Uber has claimed, as the ride-hailing app giant detailed plans to doubling down on accelerating to be fully electric in the UK. Dara Khosrowshahi made the comments as he spoke at Uber’s annual green event at the Science Museum in London on Tuesday. The [...]

  • Jaguar Land Rover plans £500m ‘factory of the future’ in UK electric vehicle drive

    September 26, 2024

    Jaguar Land Rover (JLR) has announced plans to invest £500m to transform one its historic factories as part of its drive to build more electric vehicles. The Whitley-headquartered automotive giant has already spent £250m on upgrading the Halewood plant, near Liverpool, which was originally constructed in 1963 to make the Ford Anglia. The work will [...]

  • ‘Heavy discounting’ sparks new electric car sales surge

    September 5, 2024

    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 [...]

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