Insurers have agreed to be clearer and have fairer pricing of monthly premiums as policyholders struggle with the cost of living. The Association of British Insurers say the Government could also help by reducing insurance premium tax. The average cost of petrol is now over £1.50 a litre for the first time since November, says RAC Fuel Watch. In motorway … [Read more...]
Government rejection of EV plans disappoints
There’s mounting concern at the Government’s reaction to a House of Lord’s Committee study into electric vehicles. Baroness Parminter, Chair of the inquiry said, “Whilst we welcome the Government’s acceptance of some of the recommendations in our report, it is particularly disappointing that it is not committing to incentivising the purchase of more EVs, … [Read more...]
Which EV charger is right for you?
Electric vehicles and plug-in hybrids now account for more than 23% of UK market share and are used by a huge range of people, organisations and businesses. There are numerous types of EV charger, costing from under £800 to tens of thousands of pounds, including installation. So what are the best options according to your needs and lifestyle? Commuters … [Read more...]
EV price war on horizon
A price war is looming in the ev sector which will benefit buyers but hit dealers and fleets, an analyst said this week. This week, as Tesla cut prices again and the number of cheaper Chinese-made models are coming into Britain, the European motor industry and trade is seriously worried about how they will make money as spending tightens. Early this year, … [Read more...]
Parts suppliers struggling and issue warnings
The European automotive supply industry, a vital pillar of the EU economy, is confronted with volatility and uncertainty from both their customers and upstream suppliers. Despite facing substantial headwinds, industry players maintain a cautious optimism, navigating through challenges and strategising for transformation. High levels of uncertainty … [Read more...]
Government and National Grid are failing truck industry
Government should reform its dated Plug-in Truck Grant introduced eight years ago to reflect the progress made by the sector in developing new zero emission truck technology and help cut CO2 by 18.8 million tonnes a year, says the Society of Motor Manufacturers and Traders. Following billions in investment from manufacturers, there are now 27 models of zero … [Read more...]
Newslines 19 April
The RAC predicts petrol could hit 150pp litre and diesel 160pp litre as tensions rise in the Middle East over coming weeks. The motoring body said retailers had pushed up profits since January and this added £5.00 to fill up a typical car. Labour and Plaid Cymru have voted against a Welsh Conservatives' motion in the Senedd to roll back the controversial … [Read more...]
Octopus Energy partner with Omoda for EV drivers
Octopus Energy Group and Omoda have launched first-of-its-kind offering for electric vehicle (EV) drivers in the UK. Octopus has become the UK’s go-to energy company for all things EV – offering specialist tariffs, home charging installations, charging roaming service and various leasing options. The EV pioneer from China is the first car manufacturer to … [Read more...]
E-vans myths’ exposed
With the government laying out its Net Zero Strategy1 to decarbonise all sectors of the UK economy by 2050, fleet owners and van drivers are feeling the pressure to make the switch to EVs. In fact, Vansdirect has spotted searches for ‘how much are electric vans’ are up by 100% over the last three months, while searches for ‘best electric vans’ have … [Read more...]
Tyre companies must pay for recycling, says expert
Business Waste is advocating for a change in the UK's tyre disposal and recycling regulations. As one of the UK’s leading waste management companies, it says Britain produces over 50 million used tyres every year, which is currently costing the population over £270 million to recycle. Current industry laws mandate responsible tyre disposal to prevent … [Read more...]
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