There’s mounting concern at the Government’s reaction to a House of Lord’s Committee study into electric vehicles. Baroness Parminter, Chair of the inquiry said, “Whilst we welcome the Government’s acceptance of some of the recommendations in our report, it is particularly disappointing that it is not committing to incentivising the purchase of more EVs, … [Read more...]
EV price war on horizon
A price war is looming in the ev sector which will benefit buyers but hit dealers and fleets, an analyst said this week. This week, as Tesla cut prices again and the number of cheaper Chinese-made models are coming into Britain, the European motor industry and trade is seriously worried about how they will make money as spending tightens. Early this year, … [Read more...]
Octopus Energy partner with Omoda for EV drivers
Octopus Energy Group and Omoda have launched first-of-its-kind offering for electric vehicle (EV) drivers in the UK. Octopus has become the UK’s go-to energy company for all things EV – offering specialist tariffs, home charging installations, charging roaming service and various leasing options. The EV pioneer from China is the first car manufacturer to … [Read more...]
Call for end to hybrid vehicles
Hybrid vehicles are an expensive farce rather than a stepping stone to electrified transportation, says the director of a charging point company. "Hybrid vehicles are undermining the important environment work to electrify the UK transport network," says Jack Parsler, Development Director of nationwide electric vehicle charge point installer Crystal … [Read more...]
More time needed for EV infrastructure network
In a sector under pressure to be at the forefront of the green transition, more time is what it’ll take to get us there, say drivers. Research by Close Brothers Motor Finance found that almost a third (30%) of British motorists feel that the delay to the new petrol and diesel vehicle ban will allow for more time for an expansion in electric vehicle … [Read more...]
EV comparison tool to fix lower costs
UK drivers can now calculate the savings of going electric by using New AutoMotive’s new electric vehicle (EV) Dealer Comparison Tool. It’s the first EV only dealer comparison tool on the market, and the platform allows users to shop from hundreds of offers from the top EV dealers from around the country, helping them find the best deal possible on new … [Read more...]
Newslines 5 April
Honda has revised pricing for the e:Ny1 with the Elegance model starting from £39,995 or £299 per month. The Advance starts from £42,195 or £339 per month and e:Ny1 is available with 1.9% APR and a £3,000 deposit contribution until 30 June. On the road prices for Mazda MX-30 BEV are reduced by over £3,000, plus there's a 0% APR PCP offer. Retail customers … [Read more...]
EV prices are stabilising after steep fall
Falling electric vehicle values are stabilising once they reach price parity with their internal combustion engine equivalents, March’s meeting of the Vehicle Remarketing Association was told. Andy Shields, global business unit director, of Indicata, presented data for a variety of EVs that showed this trend, following on from the dramatic price falls seen … [Read more...]
Top tips to get the best price for your car
If you're considering upgrading your motor, part-exchanging your car can be a convenient and cost-effective option. The popularity of part exchanging cars is rising, possibly influenced by the release of new car registration plates and Bristol Street Motors has spotted that searches for ‘how to part exchange my car’ have increased by 100% in the last three … [Read more...]
Premiums jump 46% year to date for drivers
The cost of car insurance has increased by 46% year on year, according to new Premium Drivers research from Compare the Market, and young drivers are seeing the biggest jump. The typical premium stands at £892 in February 2024, after rising by £279 over the previous 12 months. The substantial increase in the cost of car insurance may in part be due to a … [Read more...]
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