Best year ever for plug-in cars: Tesla becomes UK’s second best-selling car as electric vehicle take-up accelerates Electric vehicles take off Tesla’s Model 3 became the UK’s second best-selling new car last year, signalling the appetite for electric vehicles. In fact, it was the best year on record for plug-in cars, both battery electrics and plug-in hybrids, with 305,000 registered, accounting for around one in six of all new cars bought. But overall demand for new [...]
Tech Special: The jobs, sectors and countries most at risk of automation and robotics in 2022 Tech & Innovation Digital change and automation are driving enormous productivity gains in the world of work. However, the rapid changes mean many individuals, businesses and even entire nations will be hugely impacted by automation and tech, with some roles and jobs to be replaced by robots altogether. Many of the industries that are most at risk of [...]
Learning how to change gears a thing of the past as electric vehicles take over, says AA president Driving The need for drivers to learn how to change gears will soon be eliminated as electric vehicles take over, the president of the AA has said. In an interview with The Daily Telegraph, Edmund King said the Government’s decision to ban the sale of all new petrol and diesel cars and vans by 2030 has [...]
Worst November since 1984 for UK car industry despite strong demand for electric vehicles December 23, 2021 Despite a surge in demand for battery electric vehicles, UK car production saw the worst November performance since 1984 last month The Society of Motor Manufacturers and Traders (SMMT) said November UK car production was the fifth consecutive month of decline, dropping 28.7 per cent to 75,756 units, the worst figure seen in 37 years, [...]
British Lamborghinis supplier to debut on AIM with £75m listing December 20, 2021 CT Automotive will debut on London’s junior stock market with a market capitalisation of around £75m this week, after raising £33.6m in an initial public offering (IPO). The company supplies parts for the interiors of cars, such as cup holders, air vents and dashboard panels. Nissan, luxury brands including Bentley and Lamborghini and electric car [...]
Will autonomous vehicles succeed in revolutionising travel? December 6, 2021 Investors have a bird’s-eye view of the driverless revolution happening before their eyes Recently, Cruise, the autonomous vehicle subsidiary of General Motors, announced that they plan to have one million or more autonomous vehicles in their fleet by 2030. In late September 2020, the research arm of Toyota Motor Corporation, Woven Planet, acquired Renovo, an automotive operating system software [...]
Cazoo acquires Spanish car marketplace in €30m deal November 16, 2021 London-based online car retailer Cazoo has acquired Spanish car subscription marketplace Swipcar in a €30m deal, following the decision to expand more into the European market. “Swipcar has built a market-leading car subscription marketplace in Spain adding hundreds of new customers every month,” Alex Chesterman, Cazoo’s founder and chief executive said. “This deal will enable [...]
Morgan Plus Four CX-T review: Let’s off-road! November 13, 2021 The Morgan Plus Four CX-T is a crazy collision between a classic sports car and a desert racer. Tim Pitt tries to make sense of it.
Car rental Hertz ups its share expectations ahead of relisting November 9, 2021 Shareholders of Hertz increased the size of their public offering of shares by 20 per cent, ahead of plans to relist on the Nasdaq.
Car reliance hits 15-year high as Londoners commute less and switch to driving October 23, 2021 Reliance on cars has reached a 15-year high despite a drop in commuting, according to a new survey. More than four out of five (82 per cent) Londoners in an annual RAC poll of motorists said they would struggle without access to a car. That is up from 79 per cent last year and 74 [...]