Over priced electric cars are seeing values collapse. Electric car drivers need to protect themselves from volatility in the used car market, following Tesla’s dramatic decision last week to slash the prices of its two best selling cars, the Model 3 and Model Y, by up to £8,000. Steve Tigar, CEO and Founder of loveelectric, said cuts on this scale could … [Read more...]
Finance
Tradelines 25 January: Make or break year for EVs
It could be a make or break year for smaller ev makers, reports Reuters UK. Tesla's 20% price cut worldwide last week has led to surge in demand from its German factory supplying Europe but at the same time put pressure on main rivals to reduce prices while some ev startups may be unable to match them and risk losing investments and sales, or worst still, … [Read more...]
Buses need more Welsh investment and planning
Wales can only contribute to the UK’s 2050 Net Zero target if there is long-term investment in the funding of services and infrastructure, so that bus and coach travel can become people’s preferred transport of choice, according to Joshua Miles, Director at the Confederation of Passenger Transport in Wales. “These policies are not designed to bash … [Read more...]
Hang on, here’s power from above
A new era for the trolley bus and truck could be around the corner. Hofer powertrain, a development and technology partner of the global automotive industry, unveiled a new megawatt charging concept unlocking a whole new dimension of efficiency compared to the present megawatt charging infrastructure. The approach makes e-trucks long-haul capable while … [Read more...]
Newslines 23 January: Aston’s Ultimate
As its name suggests, the DBS 770 Ultimate is an emphatic last word. The most powerful production Aston Martin ever, extensive design and engineering enhancements ensure the 211mph DBS 770 Ultimate is an unforgettable and highly-collectible celebration of Aston Martin’s flagship Super GT and already sold-out in 300 Coupe and 199 Volante styles. The … [Read more...]
Trade lines 18 January
Premium automotive brand, Genesis, will open a new Studio in Edinburgh, highlighting the company’s continued expansion since its arrival in 2021 and marking its first retail Studio in the UK outside London. Designed around a Korean white space theme and with Genesis Personal Assistants on hand to welcome visitors, customers will be able to configure their … [Read more...]
Spiralling costs denting garages, dealerships and filling stations
A Motor Ombudsman poll of independent garages and franchise dealer workshops has revealed that rising operational costs, taxes and energy bills are set to be the biggest operational challenge for 90% of businesses in 2023. This is a marked increase on the 64% of respondents who stated in the same study that paying more for utilities and higher costs had … [Read more...]
Rotary engine returns in Mazda ev
Making its European debut at the Brussels Motor Show, the unique Mazda MX-30 e-Skyactiv R-EV series plug-in hybrid joins the pure electric Mazda MX-30 e-Skyactiv in Mazda’s electrified line-up. The Mazda MX-30 e-Skyactiv R-EV is a series plug-in hybrid that offers the same customer values as the pure electric Mazda MX-30, while simultaneously offering new … [Read more...]
Full autonomy more like assisted driving reality
Fleets should “look beyond” full autonomy at other possible uses of new assisted driver technology, says the Association of Fleet Professionals. Paul Hollick, chair at the industry body, said that it was becoming clear that the promise of entirely self-driving cars was unlikely to materialise in the near future but that other potentially useful – and even … [Read more...]
Cold is a killer for evs, but you can survive
EV Specialists at YESSS Electrical explain how cold weather can affect your EV and how you can solve this. Sub-zero temperatures can often cause a noticeable reduction in EV range, with charging taking longer than usual too. You may be wondering why this is happening. Well, the temperature of an EV’s battery greatly affects the charging speed. An … [Read more...]
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