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EV demand

  • New EV charges threaten fragile consumer confidence

    Telecoms

    The UK government wants Britain to go electric, but carmakers are under strict sales targets, grants have been extended, and billions are being funnelled into infrastructure. But at street level, the case for switching still depends on whether the switch will actually save drivers money. That question has become sharper in recent weeks, with TfL [...]

    The so-called ZEV mandate enforces car manufacturers hit steadily increasing annual sales targets for electric cars or face fines.
  • Carmakers swallow $65bn EV hit as UK bucks slowdown

    Tech

    A $65bn (£51bn) rethink of electric vehicle strategies by global carmakers is colliding with a very different picture in the UK, where EV uptake continues to climb despite new taxes and policy scrutiny. Manufacturers across the US, Europe and Japan have booked tens of billions in writedowns over the past year as demand undershot expectations [...]

    The so-called ZEV mandate enforces car manufacturers hit steadily increasing annual sales targets for electric cars or face fines.
  • Leapmotor B10 review: Electric SUV majors on value for money

    Leapmotor caused a stir last summer by being the first car company to launch its own EV grant. The announcement came within days of the UK Government announcing the official Electric Car Grant. Interest in the new Chinese brand duly surged an incredible 2,675 percent, and its C10 large electric SUV quickly sold out. Now, [...]

    Breaking news event with crowd gathered at city center, people holding banners, urban skyline in background, vibrant atmos...
  • Autumn Budget: Pay-per-mile tax ‘completely wrong move’

    November 26, 2025

    Chancellor Rachel Reeves has hit electric vehicles with a pay-per-mile tax which will cost the average driver £255 per year and raise £1.1bn for the Treasury. Reeves delivered the expected 3p pay-per-mile tax for electric vehicles (EVs) at today’s Budget, which she framed as a fairness measure to balance the costs facing drivers.  The OBR, the independent fiscal [...]

  • 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 [...]

  • Musk’s ‘affordable’ Tesla model still packs a punchy price

    October 8, 2025

    Tesla has unveiled cheaper versions of its Model 3 and Model Y electric vehicles, but with starting prices still hovering near $40,000 (£29,820) investors and analysts say the cars fall short of chief executive Elon Musk’s promise of a truly mass-market EV. The new Model 3 Standard starts at $36,990, while the Model Y Standard [...]

  • Tesla to unveil lower-cost Model Y to revive sales momentum

    October 6, 2025

    Tesla is expected to unveil a long-awaited, lower-cost version of its Model Y SUV this week, as the American electric car giant looks to reignite demand amid slowing global sales and rising competition from Chinese rivals. The new variant, widely referred to as the Model Y Standard, has been spotted testing near Tesla’s gigafactory in Texas and [...]

  • Tesla breaks sales record but European slump persists

    October 2, 2025

    Tesla delivered nearly half a million vehicles in the third quarter, a record for the electric carmaker, even as it continued to lose ground in Europe to Chinese and European rivals. Elon Musk’s car giant exported 497,099 vehicles between July and September 2025, up 29 per cent on the previous quarter and seven per cent [...]

  • Tesla: UK sales slump by £500m as profit slashed

    September 26, 2025

    Sales at the UK arm of Elon Musk’s Tesla slumped by more than £500m as its profit was also slashed during its latest financial year. The division, which is headquartered in Manchester, has reported a revenue of £1.94bn for 2024, new accounts filed with Companies House show. The new figure comes after Tesla posted a [...]

  • 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 [...]

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