Britain's electric nation is not united, shows analysis with some surprising results. With the upcoming ban on new petrol and diesel cars in 2030, Vehicle Contracts brought together statistics and revealed which UK regions are the best and worst for EV owners. To do this, they analysed the number of public electric vehicle chargers in each region and … [Read more...]
Finance
Short-circuit finance costs of new-generation zero cars
New data from Leasing.com shows that leasing a battery electric vehicle is on average 18%, and potentially up to 31%, cheaper than funding a new vehicle on personal contract purchase. According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 87% (13) of those models. Across the … [Read more...]
Red Diesel rebate warning
Fuel technology specialists SulNOx Group Plc said the move to end the rebate on red diesel would hit consumers in the pocket while having a minimal impact on improving the environment. From April 1 rebated diesel, more commonly known as red diesel, and rebated biofuels will no longer be allowed to be used as they are currently and will only be legal … [Read more...]
Breaking news: Audi and Porsche ponder F1 entry
Audi and Porsche are poised to re-enter F1, Reuters is reporting today. McLaren is said to be looking at €500 Million from Audi and Porsche wants to team up with Red Bull, probably at a similar cost, but the deals depend on future electrification and synthetic fuels being approved, but parent Volkswagen Group has to cost the plans on the back of major … [Read more...]
EVs are changing the look of fleets
Strong impetus for fleets to electrify while new car supply remains highly inconsistent is changing the badge composition of some fleets, says FleetCheck. Peter Golding, managing director at the fleet software specialist (below) said that several manufacturers who previously had low or non-existent fleet profiles were gaining ground. “There are a … [Read more...]
New EV charging strategy is not joined up
Leading electrotechnical and engineering services body ECA has broadly welcomed the Government’s Electric Vehicle Infrastructure Strategy but warned it risks failing. However, the body has warned that the Government’s focus on “market-led” strategy and lack of joined-up policy with local authorities could jeopardise the quality and safety of EV charge point … [Read more...]
Men clocking up more penalties than women
Male motorists are clocking up more than twice as many penalty points as their female counterparts, according to new data from the Department for Transport. Male drivers racking up three penalty points on their licences currently total 1,343,700, compared to 606,700 for female drivers, as of the 5 February this year. The number of male drivers with six … [Read more...]
How to stretch fuel further
Experts from Scrap Car Comparison have ideas on how you can make your fuel last longer in order to help cut costs among a raft of rises. Dan Gick, Managing Director from Scrap Car Comparison said, "It's shocking to see the struggles people are enduring to ensure their cars can stay on the road as prices at the petrol pumps soar, but there are a few … [Read more...]
Newslines 28 March
Almost half of electric vehicle (EV) drivers could be missing out on cheaper off-peak electricity costs at home while inflation reaches a new 30 year-high, a survey by Smart Home Charge, the UK’s leading home charging retailer and installer has revealed. The results show that 88 per cent of those polled own an EV, with 46 per cent of all respondents … [Read more...]
EVs beyond reach for 1-in-5 motorists
Almost 20% of the UK cannot afford even the cheapest electric vehicle through finance. The study by car insurance experts CarInsurance.ae used ONS survey data to compare the average monthly income in each area with the estimated cost per month of financing a new electric car. The study based the figures on the 20/4/10 rule for financing a car, which … [Read more...]
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