Rising inflation and cost of living will put the brakes on car sales, particularly electric models, says Close Brothers Motor Finance. It will also slow down the UK Government’s drive towards greener policies for other products and services, according to Lisa Watson, Director of Sales at Close Brothers. The cost-of-living crisis is having a … [Read more...]
EVs to become dominant in three years
Electric models will dominate fleets in three years, managers have told researchers for Arval Mobility. Just half (50%) of vans and a little over a quarter (28%) of UK company cars are predicted to be using petrol or diesel power alone by 2025, research from the latest Arval Mobility Observatory Barometer shows. Fleet and mobility decision makers were … [Read more...]
Disabled drivers and the electric vehicles challenge
Disabled drivers are facing an uphill task to get new electric vehicles they can afford for their purposes. Motability Operations, Motability the Charity, and Wheelchair Accessible Vehicle Converters Association (WAVCA) hosted a dedicated event this summer to start the conversations on tackling the significant challenges facing the move to electric for … [Read more...]
InstaVolt raising public charging price
EV charging network InstaVolt has raising its price 15.7% to 66ppkWh from Monday. The rise from 57ppkWh applies to all payment types and the company says the steep rise is due to the enforced 20% VAT rate on public chargers compared to just 5% levied on domestic points. Other public point providers are expected to follow suit as the electric supply … [Read more...]
Toyota Aygo X makes its mark in Wales
Car sales in Wales last month saw the Toyota Aygo X the best seller for the first time as it stood out in a declining market. While Ford never figured in the UK top ten last month it was again notiching up double success in Wales with Kuga and Puma in the top ten, revealed by the Society of Motor Manufacturers and Traders. Total Welsh registrations … [Read more...]
UK new car sales decline slows
UK new car registrations fell 9.0% to reach 112,162 units in July, according to the Society of Motor Manufacturers and Traders. The result marks the fifth month of consecutive decline, although the fall is the smallest recorded this year. Ongoing global supply chain issues, predominantly the lack of semiconductors, continued to frustrate order … [Read more...]
Brits falling out of love with evs
Brits’ appetite for electric vehicles appears to be declining with fewer people saying they expect to own an EV in the next decade, according to a recent CarGurus study. Despite petrol prices reaching record highs and the sale of new petrol and diesel cars banned from 2030, UK motorists’ appetite for EVs has decreased when comparing interest in 2021 … [Read more...]
Newslines 12 July
The Honda Civic was launched 50 years ago today. It has sold 27.5m around the world and the 11thgeneration order books have opened today from £29,595 and deliveries commence in September. Ferry and motoring trips to Europe are expected to escalate this summer as airports and airlines slash flights. The cost of flying and queues with the possibility of … [Read more...]
EV interest growing, but there’s range anxiety
A quarter (26%) of car hirers would like to hire an electric car to test one out, and a fifth (20%) would like to ‘do their bit’ for the environment (17% men and 23% women). However the survey carried out by Opinium, on behalf of iCarhireinsurance.com, a leading provider of stand-alone car hire excess insurance, did find some barriers to hiring an … [Read more...]
EV anxieties overblown and benefits overlooked – NFU
Research by electric vehicle insurer NFU Mutual suggests that concerns about electric vehicle range and charging are overblown when compared to the reality of owning an EV, and that non-EV owners are overlooking some key benefits of the technology. NFU Mutual, which offers insurance tailored to plug-in and hybrid EV owners, recently conducted a UK-wide … [Read more...]
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