The bus industry in Wales will receive a support package worth £48m to help recover from the impact of the pandemic and deal with emerging financial challenges, the Welsh Government has announced. The Bus Emergency package will provide ‘gap funding’ until the end of this financial year for bus operators to maintain the necessary bus services and … [Read more...]
Finance
Automotive business ponders new site in Ebbw Vale
The Welsh Government is investing £8.5 million in new industrial space in Blaenau Gwent aimed at attracting businesses to the area, Economy Minister Vaughan Gething has announced. A 50,000 sq ft industrial unit will be built at Rhyd y Blew, Ebbw Vale, in the Tech Valleys area. The modern building will form the first phase of a wider site masterplan, and … [Read more...]
New law on smart chargers eases strain on grid
New legislation requires all home and workplace electric vehicle chargers installed from this week to have smart charging capabilities. The new laws are aimed at helping to manage the strain on the national grid. They will encourage drivers to use smarter tariffs to avoid thousands of EVs charging at once during peak hours, which is usually during the day … [Read more...]
End of the road for traditional petrol and diesel cars
It’s game over for the internal combustion engine as we've known it in Europe, green group Transport & Environment (T&E) has said, after EU governments agreed to end sales of polluting cars and vans by 2035. The deal reached by Environment Ministers this morning makes the switch to zero-emissions vehicles a foregone conclusion after the European … [Read more...]
Global vehicle production edges up
Light vehicle production is growing after the pandemics and supply shortages, say analysts with S&P Global Mobility. Production revisions continue to reflect the dynamic environment impacting the auto industry. In the months following the start of Russia/Ukraine conflict, S&P Global Mobility has done some “fine tuning” with this month’s forecast … [Read more...]
Trickle charge your fleets to get ahead, business told
Businesses should “pick the lower hanging fruit first” when it comes to adoption of electric vehicles, FleetCheck is urging. The fleet management software company says that easy wins are important when it comes to starting the process of electrification. Peter Golding, managing director, said, “Fleets that are hanging back from starting to acquire EVs are … [Read more...]
Tradelines 29 June
New Honda Civic hybrid prices start from £29,595, or from £349 per month through Honda Finance. All-new self-charging Civic is available to order now Honda dealers and deliveries begin in October with the top models running from £32,955. A fleet of 36 electric buses launched at the start of the year have saved over 550 tonnes of carbon dioxide from the … [Read more...]
Cyber criminals eye motor businesses
Big car dealerships and automotive suppliers face a threat from cyber-criminals and ransomware. KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, announced the release of a resource kit for IT managers as part of a month-long effort in July to increase awareness of ransomware, its many forms and … [Read more...]
British Motorsport Day Westminster presentation
Motorsport UK and the All-Party Parliamentary Group for Motorsport yesterday presented Our Eclectic Future at British Motorsport Day in the Palace of Westminster to showcase the vision of a world powered by a range of use-appropriate systems and fuels. Fossil-fuels will continue to power existing vehicles around the world for quite some time, and therefore … [Read more...]
Tennis stars’ game, set and match motors
With Wimbledon beginning, eyes will soon be firmly on the world’s elite tennis players as they battle for one of the sport’s most lucrative prizes and most love to spend on their car collections. Last year's Wimbledon winner earned £1,700,000 prize money, whilst the runner-up received a cheque for £900,000, with much more to be earned via sponsorships. As … [Read more...]
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