The perceived high charging costs of electric vehicles is a key barrier preventing consumers switching from combustion to battery-powered electric vehicles. Survey findings from price comparison and switching site energyhelpline.com found almost two-thirds (64%) of consumers believe electric-only cars cost up to £50 to fully charge at home despite a new … [Read more...]
Finance
Government immediately slashes grant for BEVs
The Government is immediately slashing the grant for battery electric vehicles, lowering the price ceiling while altering the qualification for electric vans and further reductions will come. It's unheralded announcement about the changes effective today have been criticised by car makers, dealers, motoring organisations and fleet companies who say it sends … [Read more...]
Advertising brakes but car sales accelerate
Sales enquiries for both new and used cars have seen an increase during the last week as retail buyers appear to have gained a little more confidence and seem more willing to start to spend the money they have inadvertently saved during the current third lockdown period. However, new car sales for the month are still looking to be at around 60% of normal … [Read more...]
Optimism rises among parts’ makers
Automotive suppliers have become significantly more optimistic with their outlook on 2021, with 38% of surveyed suppliers showing positive forecasts compared to just 8% six months ago. Yet, 31% of respondents still hold a notably negative view, a much higher share than in pre-Corona times. This follows from the latest CLEPA Pulse Check survey on business … [Read more...]
Costs must be centre of new emissions targets
Car parts makers have called on the European Commission for a comprehensive approach across all countries and sectors to reduce CO2 emissions in a cost efficient and affordable manner over the next 30 years. What is the way forward? CLEPA said the Green Deal should be seen as the opportunity to start aligning climate policies across sectors into a coherent … [Read more...]
Newslines 16 March
The new generation of BMW iDrive takes the interaction between driver and vehicle into a digital future where many areas of life are getting increasingly smart. The new interpretation of BMW’s operating system equips the vehicle to actively engage with those on board with the aim of precisely tailoring all the functions controlled via BMW iDrive to the … [Read more...]
Volkswagen transform EV business
Northvolt has won an order worth more than $14 billion over 10 years from Volkswagen, which increases its stake in the Swedish lithium-ion battery maker. Northvolt will sell its share in joint-venture Northvolt Zwei in Salzgitter to the world’s No. 2 carmaker, which becomes the German gigafactory’s single owner. Volkswagen entered into a partnership with … [Read more...]
Depreciation despair for drivers
With new 21-numberplate cars now on sale, GoCompare Car Insurance is urging drivers looking for a new car to think about depreciation and the possible impact on their insurance. Depreciation is one of the biggest costs of running a car. The price of a new car falls dramatically as soon as it is driven off the forecourt. Depending on the make and model, … [Read more...]
Beauties to behold even after 2,500 years
A mathematical ratio dating back 2,500 years has been used to analyse the aesthetics of performance cars over the last 70 years. The study conducted by carwow analysed the proportions of 197 of the world’s most powerful cars and then compared them to ‘the golden ratio’ – a mathematic measure for perfect proportions. The top 10 is dominated by … [Read more...]
Difficulties setting values of newest and future cars
Sellers and buyers face a torrid time setting values on the latest hybrid and electric cars. Aside from the myriad of other issues that will affect both the production and adoption of BEVs and advanced hybrid technology, the industry needs to begin to understand what the future value of these cars will look like, and also the level of retail consumer … [Read more...]
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