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Electric Vehicles

  • Government urged to accelerate review of ‘disruptive’ EV sales targets

    Motoring

    A leading London-listed car dealership has called on the government to speed up its review of electric vehicle sales targets, which it said “disrupts” the car sales market. AIM-listed Vertu Motors has said the Zero Emission Vehicle (ZEV) mandate scheme is hitting its profits and “distorting” its volumes and margins.  The scheme was brought in [...]

    Caledonia has bought a majority stake in DTM for £55m
  • Used EV sales soar as drivers look to curb fuel costs

    Tech

    Second-hand electric car sales have hit record highs in the first three months of the year, as improving consumer confidence and rising fuel prices pushed more buyers toward used EVs. According to new figures from the Society of Motor Manuacturers and Traders (SMMT), just shy of 87,000 used battery EVs changed hands during that period [...]

    JBR was founded in 2015 and specialises in high-end vehicles like Aston Martin, Lamborghini and Rolls-Royce.
  • EO Charging collapses despite European EV sales boom

    Tech

    EO Charging has gone into administration, with 69 jobs slashed, in a recent blow to the UK’s EV infrastructure sector as car sales across the continent accelerate. PwC was appointed administrator to the EV charging firm, which traded as Juuce Limited, on 8 April. The consultancy said that more than two thirds of the 93 [...]

    The so-called ZEV mandate enforces car manufacturers hit steadily increasing annual sales targets for electric cars or face fines.
  • Labour to spend £10m on tackling EV charging blackspots

    November 3, 2025

    The government has unveiled a £10m fund to help expand England’s electric vehicle (EV) charging network, targeting grid-constrained sites on motorways and major A-roads where power access has slowed progress. The funding will support projects that allow chargers to run off-grid or with minimal grid connection, using renewable energy and battery storage to deliver ultra-rapid [...]

  • Jaguar Land Rover cyber attack hammers UK car production

    October 24, 2025

    The most expensive cyber attack in British history suffered by Jaguar Land Rover contributed to car production being slashed by almost 30 per cent in September, according to new figures. Jaguar Land Rover was forced to halt production for five weeks from 1 September which has been estimated to have cost the UK around £1.9bn. [...]

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

    July 29, 2025

    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 [...]

  • Sir Richard Branson-backed Gridserve cuts jobs as it loses over £80m

    July 21, 2025

    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 [...]

  • Electric vehicle grants return, but most buyers will miss out

    July 16, 2025

    The UK government has reintroduced grants for electric vehicles (EVs) in a bid to boost lagging consumer demand, but industry insiders warn that most buyers may be left behind. Unveiled late last week, the new electric car grant will offer up to £3,750 off the price of a new EV, targeting models priced under £37,000 [...]

  • Aston Martin tariff hit sinks UK car output to 76-year low

    June 27, 2025

    UK car production plunged to its lowest level since 1949 last month, as Aston Martin and other British carmakers halted exports to the United States amid president Donald Trump’s escalating trade war. Data released on Friday by the Society of Motor Manufacturers and Traders (SMMT) found that UK factories turned out just 49,810 cars and [...]

  • Nissan job cuts stretched to 20,000 – reports

    May 12, 2025

    Nissan plans to slash as many as 20,000 jobs amid a wider restructuring of the struggling Japanese carmaker’s business. The automaker initially announced plans to layoff 9,000 employees in November. That figure has since been increased by 11,000 following a rougher-than-expected start to the year, according to a report from the Japanese national broadcaster NHK [...]

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