A new generation of “rapid” electric vehicles is creating potential business risk management and cost issues, warns FleetCheck. Peter Golding, managing director, pointed to emerging hot hatch EVs such as the 642bhp Hyundai Ioniq 5N (above) and 435ps MG4 XPower (below), both of which cover 0-60mph in around 3.5 seconds. “Just a few years ago, performance of … [Read more...]
Finance News
When a pothole is not a pothole
Local authorities are taking wildly differing approaches to deciding whether or not potholes get fixed, meaning many go unrepaired and continue to pose a risk to road users – especially those on two wheels, analysis conducted by the RAC and Channel 4’s Dispatches, shown last night, has found. Three-in-10 of the 206 councils in Great Britain with … [Read more...]
Fleets more willing to look at new brands
More than seven out of 10 fleets (71%) are open to adding manufacturers which are new to the UK to their choice lists, research shows. One in four (25%) of those surveyed say they are already offering these new market entrants to their drivers, while almost as many (23%) are considering doing the same. Also, a further 21% would be willing to operate … [Read more...]
No charger, no sale, dealers told
Not having a home charger is the biggest objection dealers hear from used car buyers considering an electric vehicle. Dealers report that more than half of people (52%) mention this problem, according to May’s new Startline Used Car Tracker. Paul Burgess, CEO at Startline Motor Finance, said, “In a way, it is encouraging that this is the biggest objection … [Read more...]
Public charging prices slowing EV drive
The cost of highway charging is pricing some fleets out of electric vehicle adoption, says the Association of Fleet Professionals’. AFP chair Paul Hollick explained that for fleets whose drivers don’t have access to home or depot charging, the price of power made running costs sometimes unsustainable. “We’re looking at a situation where using a public … [Read more...]
Carwow show best times to sell cars
New research shows that the first half of the year is the best time to sell a car, with data showing that sellers shifted their cars for a higher price than the initial valuation. This time of year also boasts a higher track record of vehicles sold. This contradicts the belief among many car owners that hotter months are often the best for selling … [Read more...]
Cheaper green energy for public points
Electric car drivers in Britain can benefit from cheaper public charging when green energy is abundant thanks to a groundbreaking innovation from Octopus Electroverse. ‘Plunge Pricing’ events happen when cheap renewable generation is high and demand is low, so wholesale electricity prices fall. Drivers using Octopus’ Electroverse get discounts for taking … [Read more...]
Publicity affects perception of EVs, says study
Negative coverage mean that more than four out of 10 people (43%) think electric vehicles easily catch fire, shows new research. May’s new Startline Used Car Tracker also reveals that 52% believe EV batteries become useless after just a few years, 26% that they are ultimately more polluting than petrol cars, and 24% that drivers can lose control of the … [Read more...]
Newslines 17 May
National Highways is spearheading the electrification of its vehicle fleet with the Toyota bZ4X. The company responsible for operating, maintaining and improving England’s motorways and major A-roads has ordered 51 of the battery electric SUVs as daily transport for its team of inspectors. The RAC has this week written to Energy Secretary Claire Coutinho … [Read more...]
Octopus Energy power manages a gigawatt of batteries
Octopus Energy says that the UK’s most popular electric vehicle tariff, Intelligent Octopus Go, now manages a combined 1 gigawatt (GW) worth of EV batteries. 150,000 EV batteries are combined into a virtual power plant via Octopus Energy’s proprietary technology platform, Kraken. This enables them to automatically shift their charging to greener and … [Read more...]
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