Over priced electric cars are seeing values collapse. Electric car drivers need to protect themselves from volatility in the used car market, following Tesla’s dramatic decision last week to slash the prices of its two best selling cars, the Model 3 and Model Y, by up to £8,000. Steve Tigar, CEO and Founder of loveelectric, said cuts on this scale could … [Read more...]
Tradelines 25 January: Make or break year for EVs
It could be a make or break year for smaller ev makers, reports Reuters UK. Tesla's 20% price cut worldwide last week has led to surge in demand from its German factory supplying Europe but at the same time put pressure on main rivals to reduce prices while some ev startups may be unable to match them and risk losing investments and sales, or worst still, … [Read more...]
Newslines 25 January: On a charge in N Wales
The Electric Vehicle Association for Wales – EVA Cymru – has given the ‘green’ light to a new charging hub at Rhyl. West Kinmel car park’s electric vehicle (EV) charging hub is funded by the Welsh Government and the 36 vehicle capacity hub, is a mix of 7kwh chargers for local users who have no access to off street parking and ‘rapid’ 50kw chargers for a … [Read more...]
Hang on, here’s power from above
A new era for the trolley bus and truck could be around the corner. Hofer powertrain, a development and technology partner of the global automotive industry, unveiled a new megawatt charging concept unlocking a whole new dimension of efficiency compared to the present megawatt charging infrastructure. The approach makes e-trucks long-haul capable while … [Read more...]
Spiralling costs denting garages, dealerships and filling stations
A Motor Ombudsman poll of independent garages and franchise dealer workshops has revealed that rising operational costs, taxes and energy bills are set to be the biggest operational challenge for 90% of businesses in 2023. This is a marked increase on the 64% of respondents who stated in the same study that paying more for utilities and higher costs had … [Read more...]
Rotary engine returns in Mazda ev
Making its European debut at the Brussels Motor Show, the unique Mazda MX-30 e-Skyactiv R-EV series plug-in hybrid joins the pure electric Mazda MX-30 e-Skyactiv in Mazda’s electrified line-up. The Mazda MX-30 e-Skyactiv R-EV is a series plug-in hybrid that offers the same customer values as the pure electric Mazda MX-30, while simultaneously offering new … [Read more...]
Tevva Trucks go-ahead for UK & European ev sales
British electric vehicle manufacturer Tevva has hit another major milestone after securing European Community Whole Vehicle Type Approval (ECWVTA) for its 7.5 tonne (t) battery-electric truck. It means that Tevva can start production at its Tilbury, Essex factory and sell in volume across the UK and Europe and represents the key regulatory step in the … [Read more...]
‘Hot air’ claims about hydrogen investment, say greens
Europe’s oil majors’ ‘big bet' on hydrogen as the transport fuel for the future is not so big in reality, according to a new study on behalf of Transport & Environment, which shows that investments in biofuels refining are eight times bigger. T&E accused oil producers of not being serious about investing in genuinely clean fuels, but choosing the … [Read more...]
Watch fuel price drops to control costs, firms told
Fleets need to remain on top of fuel costs, says FleetCheck, as prices are predicted to continue to fall from the record levels seen in mid-2022. Peter Golding, managing director at the fleet management software specialist explained that interest in fuel management at a corporate level often tended to rise and fall in correlation to pump prices but that an … [Read more...]
EV charging cost soars 50% since May
The cost of rapid charging an electric car has gone up 50% in eight months – but those who do most of their charging at home still get great value RAC and FairCharge again urge Government to cut VAT rate at public chargers to make all charging better value and encourage the take up of evs. The Government has already said it plans to begin introducing … [Read more...]
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