How we finance and choose to pay fuel costs for our cars is changing say providers. As 2026 approaches, the UK used car market is set for another year of change. According to industry data from the SMMT, used EV transactions rose by 57% year-on-year in 2024, outpacing every other fuel type. Meanwhile, upcoming policy changes, including the end of electric … [Read more...]
Car makers welcome Budget plans in parts
Car makers have broadly welcomed today's Budget announcement but have some criticisms. Mike Hawes, SMMT Chief Executive, said, “Government has recognised the automotive industry as a pillar of national strategic importance, backing it with an industrial strategy and additional £1.5 billion to drive competitiveness and investment. Deferring the end of … [Read more...]
Division over “split-level” electric rates for fleets
Fleets need rapid clarification on how to apply the “split-level” Advisory Electric Rates put in place by HMRC in September, says the Association of Fleet Professionals. Paul Hollick, chair at the industry body, says the move – which provides an AER of 8 pence per mile for domestic charging and 14 ppm for highway charging – had left electric company car … [Read more...]
Morris J-Type EV will be built in Wales
An electric vehicle remake of an iconic van sold in the 1950s will be made in Wales, thanks to Welsh Government support. Morris Commercial Ltd will establish a production facility at Bro Tathan for its modern-day re-imagining of the Morris J-Type – the Morris JE. Prototypes of the van are featured in the Post Office Lottery Post Code adverts on … [Read more...]
Electrification is a roadblock to HGVs, say SMMT
Decarbonising heavy vehicles is fundamental to the UK’s ambitions for net zero so SMMT’s latest market figures, published last week, show an encouraging picture whereby a quarter of all new buses, coaches and minibuses joining UK roads are now zero emission, said CEO Mike Hawes. That green growth is helped by strong demand for single and double decker … [Read more...]
Beware of the “Jack-frosters”, says insurer
As the winter season approaches, van insurance provider MoneySuperMarket warns motorists could unknowingly put their cover at risk by leaving their vehicles running to defrost and warm up. The Office for National Statistics (ONS) reported more than 350,000 vehicle thefts in the UK over the past year, highlighting the risk of thieves actively targeting … [Read more...]
New car sales vital for economy, says SMMT
Growth in the used car market is good news given it is where most drivers buy their next vehicle – but their choice ultimately depends on thriving new car demand. SMMT’s latest data is positive all round, therefore, showing more than two million used cars changed hands between July and September – representing the highest Q3 volume since 2021 with BEV … [Read more...]
Power divide in UK, says LeaseCar
New analysis of government data by car LeaseCar has uncovered key trends in the UK's electric vehicle landscape, highlighting a significant imbalance in charging infrastructure and a notable shift in the most popular EV models for both cars and vans. The report, which analysed UK vehicle registration data and public charger data from 2014 to March 2025, … [Read more...]
Tradelines 12 November
Proposed pay-per-mile scheme on EVs will not extend to vans, according to reports in the national media. But The Times said plug in hybrids will be expected to pay per mile on top of their current fuel duties as the Treasury scrambles to recoup billions of pounds it has lost over the last few years in the growing move towards evs and the AA called the plans … [Read more...]
Used EV values poor with gaps in charging and reporting
Action is needed to improve electric vehicle residual values, as the financial exposure of fleets continues to grow, FleetCheck is warning. Peter Golding, CEO at the fleet software specialist, said that while there was strong evidence that used EVs were now selling faster, prices remained stubbornly low. “The used market has reached a position … [Read more...]
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