Action is needed to improve electric vehicle residual values, as the financial exposure of fleets continues to grow, FleetCheck is warning. Peter Golding, CEO at the fleet software specialist, said that while there was strong evidence that used EVs were now selling faster, prices remained stubbornly low. “The used market has reached a position … [Read more...]
Pavement charging of EVs gets boost
It is going to be easier for new EV owners to charge at home under Government plans designed to make it better for those without off-street parking to charge their electric vehicle. It will launch a consultation on removing planning permission currently needed for those without driveways to install cross pavement charging gullies and wants to mandate charge … [Read more...]
Electric cars’ tyres are wearing sooner
Price differences between electric and internal combustion engine (ICE) company car tyres are persisting, new data from epyx shows. In September 2023 – the average price of an ICE tyre was £168 while an electric equivalent was 32% more at £222. By August this year, the ICE tyre had risen to £187 while the electric tyre was £246 – still a difference of … [Read more...]
Tradelines 22 October
Seat will be the ‘entry’ brand within the Volkswagen Group and exciting hybrids are coming with a new model for 2029. The confirmation about the 75-year-old Spanish car manufacturer’s future shores up its position within the Volkswagen Group after years of speculation that it would be axed in favour of its spun-off Cupra premium performance brand. A … [Read more...]
Toyota research lightweight quadricycle in UK
Toyota Manufacturing UK is leading a consortium of partners to evaluate the feasibility of a lightweight battery electric vehicle prototype, conforming to the L6e (light quadricycle) category. The consortium has secured funding from the UK government’s DRIVE35 programme via the Advanced Propulsion Centre (APC), which is a non-profit organisation … [Read more...]
Logistics industry strengthens fight against freight crime
As freight crime incidents continue to affect operators nationwide, business group Logistics UK has formed a partnership with TAPA EMEA, the Transported Asset Protection Association’s Europe, Middle East & Africa region, to help build information sharing and resilience across the logistics industry. “The safety and security of our members’ staff while … [Read more...]
Government recognise importance of auto sector
Government has recognised the importance of the automotive sector, said SMMT ceo Mike Hawes. It is now at the centre of its long-term Industrial Strategy – and has published its first quarterly progress update, including more than 50 cutting-edge auto projects securing £70 million in innovation funding. Such commitments will drive greater returns for the … [Read more...]
Car components’ makers need Gov. help after cyber-strike
Following the cyber incident affecting the UK’s largest automotive employer, the focus is now on restarting full production in a safe and secure manner – while safeguarding the wider supply chain which has been severely impacted. Mike Hawes, SMMT chief executive said, "We know JLR is working around the clock to return to full operations as quickly as … [Read more...]
Van fleets expecting growth
Thirty per cent of UK van fleets are expecting growth in the next three years, according to the new Arval Mobility Observatory Barometer. This compares to 55% who believe numbers will remain stable and 13% who are predicting a decrease. The research appears to show a slight downturn in confidence – last year, 40% of fleets expected an increase against 45% … [Read more...]
Menai Bridge closure is symptom of UK under investment
Responding to the announcement that the Menai Suspension Bridge will have to be temporarily closed for urgent repairs, Josh Fenton Policy Manager – Trade, Customs and Borders says this shows the precarious state of the UK’s infrastructure: “The temporary closure of the Menai Suspension Bridge highlights the fragility of the UK’s ageing infrastructure and … [Read more...]
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