Around 51% of car dealers think that the arrival of new Chinese electric vehicle companies in the UK market will force some established manufacturers out of business. Startline’s June Used Car Tracker also shows that 31% believe some existing brands are already falling behind and 36% say that the next few years will see them fold thanks to tougher … [Read more...]
Newslines 9 June
STELLANTIS is moving into the scrap business with its newest cars. The multi-brands company covers 14 marques including Vauxhall, Fiat, Alfa Romeo and PSA and now wants to extend average life of models from 12 to 15 years by making them last longer and then reusing components from scrapped models and putting into remaining cars to improve their ‘green’ … [Read more...]
EV chargers’ boost by Welsh Government
Welsh Government is topping up the vehicle charging network in Wales. The £15M funding confirmed by Deputy Climate Change Minister Lee Waters will be used to help local authorities increase the number of charging facilities ahead of fossil fuel vehicles being phased out in 2030. But it has already drawn criticism from opposition party who described it as … [Read more...]
EV discounts arriving to lift sales
Discounts are starting to appear on new electric vehicles for really the first time since they entered the mass market, delegates were told at the Association of Fleet Professionals 2023 Conference. Recent price cutting by Tesla and the arrival of new manufacturers from China were both helping to create a more competitive environment, alongside a gradual … [Read more...]
Hydrogen trucks investment studies
The H2Accelerate collaboration has published the latest in a series of whitepapers in support of the use of hydrogen for long-haul trucking in Europe. This whitepaper follows the news that two of H2Accelerate’s primary initiatives, H2Accelerate TRUCKS and its Inaugural Station Deployment, have now secured funding via the Clean Hydrogen Partnership and … [Read more...]
EVs are too expensive, drivers tell Go.Compare
A new survey from Go.Compare Car Insurance found that cost is the main barrier stopping drivers from getting an electric vehicle. In light of the government’s 2030 and 2035 EV targets, the comparison site asked motorists whether they were planning on buying an EV in the next five years. Over half of the respondents (57.9%) stated they weren’t thinking of … [Read more...]
Call for highter fuel duties at pumps
The founder of a public charging network for electric vehicles wants petrol and diesel fuel duties increased. Asif Ghafoor, a veteran of infrastructure delivery and the co-founder and CEO of national charging network Be.EV said the increase would encourage the switch to electric vehicles while covering the shortfall in public finance which has happened … [Read more...]
Car sales slowly rising again
The momentum in new vehicle sales has continued with strong growth across electric vehicles, hybrids and petrol vehicles and is expected to continue through the summer months, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. In May, a total of 145,204 new cars were registered, an increase of 16.7% from the same period last … [Read more...]
Weekend roadtest: Cupra Born V2
As growth accelerates in the electric car market, some traditional manufacturers like SEAT are refining and introducing new sub-brands. The sector has pulled in completely new brands from China alongside off-shoots of European and Asian manufacturers who all want a piece of this increasingly important “green” branch of the high earning business. SEAT … [Read more...]
EV values slide as fleets reshape businesses
Used electric cars and vans are expected to fall further in value in coming months, according one industry expert. The slippage might also see petrol and diesel models cut back by manufacturers to meet tightening ev sales targets by Government. Interference in the ICE market will have the effect of driving up values of existing models as a … [Read more...]
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