Almost six out of 10 dealers (58%) believe that more support is needed from their motor finance providers to retail electric vehicles, shows new research. May’s Startline Used Car Tracker reports that 41% say their lenders are less keen to finance EVs, 10% want higher deposits from buyers and 5% charge higher interest rates. A further 5% say their lenders … [Read more...]
Struggle to decarbonise needs Government push
If the logistics sector is to effectively decarbonise in line with the government’s 2050 net zero deadline more support will be needed to enable operators to do so, according to a new report by business group Logistics UK. The organisation’s Electric Vehicle Report 2023 demonstrates that factors including a lack of fiscal support and an inadequate public … [Read more...]
Newslines 16 May
Here are the first views of the next generation MINI family, with Oliver Heilmer, Head of MINI Design. Each new MINI model gains its own strong individual character that is expressed in distinctive design features, while exuding individuality with a clear brand affiliation and sustainable materials are another essential part of the new design … [Read more...]
Weekend roadtest: KIA Soul Urban EV
KIA sales are soaring in Britain and to keep ahead it has seemingly taken a step back with the latest generation of the popular Soul EV. KIA Soul was launched in 2008 after the company looked to its Californian styling studio for a new model to appeal to the 18-35 year old American buyer market and its concept creation debuted at the Detroit motor show in … [Read more...]
Scale up charging or face consequences, Governments told
EV sales are rising across Europe but Governments must do more to provide an extensive public charging network to for travellers, said car makers body, the ACEA. Recent ACEA data confirmed that market share rose to 13.9% for battery electric cars and 24.3% for hybrid models. While China is currently ahead of Europe and the US in the electrification of the … [Read more...]
Diesel drivers were April fooled on forecourts
The price of diesel fell by nearly 4p a litre in April but still remains at least 16p more expensive than it should be as it’s now 6p cheaper than petrol on the wholesale market, according to data from RAC Fuel Watch. A litre of diesel closed the month costing drivers an average of 159.43p across UK forecourts while petrol was unchanged at 146.5p. This is … [Read more...]
EV batteries’ life expectency misunderstood
More than half of consumers “hugely overestimate” the time it takes for used electric car batteries to lose range, according to April’s Startline Used Car Tracker. Asked to estimate typical range loss after five years, 56% said they expected the fall to be 30% or more. In fact, research shows the real world result is likely to be less than half this … [Read more...]
EV fleet challenge to smaller businesses
According to recent findings by Alphabet GB, small and medium-sized fleets are facing difficulties in transitioning to electric vehicles. While companies have the desire to initiate the switch to electrified vehicles, 45% of fleet managers claimed that they lack the required knowledge and time to take the crucial initial steps. A majority of businesses … [Read more...]
Britons get back into their cars
More Britons are getting back into the driving seat following the pandemic, according to new annual Motorparc data from the Society of Motor Manufacturers and Traders. However, the provision of public ev charge points has slowed and has not kept up with increasing registrations of PHEVs and BEVs. The Moorparc data shows the number of cars in use on UK … [Read more...]
Newslines 24 April
With the brand marking its fifth anniversary this year, it showcased the world premiere of its first all-electric SUV coupé, the CUPRA Tavascan, to be launched in 2024. CUPRA has also revealed the CUPRA DarkRebel, a virtual sports car designed for a future city that is no longer contained by physical limits, which can be configured by the CUPRA … [Read more...]
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