Tesla’s sales in China down by a third as Shanghai plant shrinks production May 10, 2022 Tesla continues to suffer from Covid-induced supply chain issues, with car sales in China slumping 35.7 per cent. Data from the China Passenger Car Association published today highlighted that in April the EV giant produced 10,757 China-made vehicles and sold 1,512 of them – the lowest in two years. Numbers also went down compared with [...]
Top Gun: Easyjet launches recruitment campaign to tackle job stereotypes May 10, 2022 Easyjet has launched a new recruitment campaign to attract more young girls to the industry, as only 6 per cent of pilots worldwide are women. To encourage more girls to consider a piloting career as something within their reach, the airline produced a parody of the 80s blockbuster film Top Gun, replacing Tom Cruise and [...]
Wizz Air eyes Saudi Arabia expansion to jump on growing tourism sector May 10, 2022 Wizz Air has announced it was looking into expanding its operations in Saudi Arabia. The low-cost carrier said today it has signed a Memorandum of Understanding with the Saudi ministry of investment to support the development of the country’s tourism sector. Commenting on the announcement, travel expert Rob Staines said: “This is exciting news. Much [...]
Heathrow posts strong April but warns of uncertainty ahead May 10, 2022 Heathrow has posted strong results for April but continued to warn about the uncertainties that loom ahead. The London hub reported that 5 million passengers travelled through its terminals in April, with outbound leisure travel driving demand and prompting the airport to increase its passenger forecast for the year by 16 per cent. Commenting on [...]
EV market shows signs of maturing as second hand sales double May 10, 2022 The UK electric vehicle market has shown signs of maturing as the number of second hand sales has doubled over the last year, according to a quarterly report by the Society of Motor Manufacturers and Traders (SMMT) published today. Despite a combination of Covid-induced supply chain issues – including semiconductor shortages – and the impact [...]
UK needs to invest billions to become global player in EV battery market May 10, 2022 The UK needs to ramp up funding and production if it wants to become a global player in the electric vehicle (EV) battery market, according to a report published today. The Green Finance Institute’s Coalition for the Decarbonisation of Road Transport (CDRT) argued that the UK should increase its battery capacity from the current 2GWh [...]
Trafigura funds development of UK’s first lithium refinery May 9, 2022 Trafigura said it will fund the development of the UK’s first lithium factory for an undisclosed sum. The group explained that the refinery, operated by domestic start-up Green Lithium, will produce battery-grade lithium chemicals for the EU electric vehicle and battery industries. Under the agreement, the commodities giant will supply lithium feedstock an invest equity [...]
Easyjet removes plane seats to slash number of stewards on board to three May 9, 2022 Easyjet has removed the back row seats from its A319 planes to cope with labour shortages. By removing the six seats, capacity on easyJet planes has gone down to 150, requiring only three cabin crew members instead of four. The airline said the decision was an “effective way” of operating its fleet and it was [...]
Flower Power: Network Rail to boost travellers’ mental health with flower compositions May 9, 2022 Network Rail has announced it will start displaying flower compositions in UK train stations as a way to boost travellers’ mental health. While the railway operator hopes it will “lift people’s spirits,” the Better Journeys’ initiative aims to raise awareness of the Hub of Hope app, which helps people access mental health support. Installations will [...]
Wildcat Petroleum obtains permit to drill off coast of Sierra Leone May 9, 2022 Petroleum company Wildcat Petroleum has obtained the permit to conduct reconnaissance operations off the coast of Sierra Leone. Under the agreement, Wildcat will be able to drill 20 offshore petroleum blocks to identify those which yield “commercially viable oil finds.” The non-exclusive permit doesn’t give the British company pre-emptive rights, forcing it to enter negotiations [...]