A leasing company has analysed a popular online car marketplace and compared the prices of the UK’s most popular used cars against the number of miles the car had done to uncover the average depreciation cost per mile our cars drive. The average price an petrol or diesel car depreciates is 67ppm or by £4,669.90 a year compared with an evs cost of 55ppm and … [Read more...]
EV charging costs are postcode lottery
Figures from British Gas show there are currently 21 local authorities in England and Wales that allow drivers to charge their batteries free of charge but in some areas motorists are forced to pay as much as £4 per kilowatt hour. Analysis found that at that price it would cost around £240 to charge a typical EV from full to flat while it would cost around … [Read more...]
Car sales shifting towards cross-overs
Despite ongoing availability issues at dealerships, European consumers last year continued to shift from traditional vehicles such as hatchbacks, sedans and MPVs, to SUVs. These vehicles have continued to perform well thanks to the arrival of new electrified models. Last year, registrations of SUVs totaled 5.34 million units, up by 11% when compared to … [Read more...]
Bentley will go all electric beginning in three years time
Bentley is going electric. A new family of luxury bespoke cars will be assembled in its Crewe factory from 2025 as part of a £2.5 Billion investment in sustainability over the next decade. The first BEV is scheduled to roll off the production line in 2025 and will mark a significant moment in Bentley’s long and illustrious history. It is also a critical … [Read more...]
Welsh electric vehicle registrations accelerate 76% in a year
Wales is switching on to electric cars in a big way. Ultra low emission vehicles registrations across Wales shot up nearly 76% between July-September compared to the same time a year before. The Department for Transport’s figures show that at the end of September, 12,900 vehicles belonged to Welsh residents, up from 7,330 on July-September 2020. The … [Read more...]
Fleets fear petrol & diesel value collapse
Fears over the future residual values of internal combustion engine cars and vans are increasingly helping to drive fleet adoption of electric vehicles, FleetCheck is reporting. Andy Kirby, customer success director, said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to … [Read more...]
Councils threats to low income families’ cars
The poorest will be hit hardest by future car bans in cities, say filling station owners. While there is a need to reduce tailpipe emissions, especially in cities, local mayors should be mindful that any extra charges will significantly impact low income households who are already struggling with high energy costs, said Gordon Balmer Executive Director of … [Read more...]
Slashing costs of electric vehicles
A new employee benefit initiative, The Electric Car Scheme, has launched. Staff across the UK are now able to submit a request for a heavily discounted electric car through their employers, in a similar vein to the popular Cycle to Work scheme. This high-demand new staff benefit is a UK Government tax incentive and works via a salary sacrifice scheme. … [Read more...]
From farmyard to fame, the future fuel?
Rally cars powered by agricultural waste have claimed second and fourth place in Dakar 2022 and saved 28 tonnes of CO2 emissions in the process. Bahrain Raid Xtreme (BRX) was the first major motorsport team to compete with a new generation of advanced sustainable fuels. Claiming second place was the Prodrive Hunter driven by nine-time World Rally Champion … [Read more...]
Sustainable fuels offer a breathing space
Sustainable fuels would provide a breathing space until full electrification and a charging network throughout the UK is working. That's the view of Coryton blended hydrocarbon fuels. Few deny that electric vehicles run on renewable energy and produced in an environmentally and socially conscious way is the ultimate goal that road transportation needs to … [Read more...]
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