More than 6.5 million electric vehicles (EVs) have been sold worldwide, and that number is set to grow due to the phasing-out of the sale of new petrol and diesel cars from as soon as 2025 (Norway), with the UK targeting 2030 and the 27 EU member states EU aiming for 2035. In anticipation of this, personal finance guidance and comparison website Forbes … [Read more...]
Drivers still short-changed on fuel, says RAC
Despite a further 12p (12.31p) coming off the price of the average price of petrol last month – the largest monthly drop on record – pump prices remain a long way off what the RAC believes are fair given current wholesale fuel costs, new RAC Fuel Watch analysis shows. The average price of a litre of unleaded is now under 170p (169.8p) for the first time … [Read more...]
Are EVs green or greenwash?
Thousands of drivers who collect the keys to a brand new ‘72’ plate electric car tomorrow will have a nagging doubt at the back of their minds as they glide silently off the forecourt – are battery-powered cars truly better for the environment, or is zero-emission motoring just ‘greenwash’ hype? Sales of electric cars are soaring, up 49.9% year-on-year … [Read more...]
Britain unprepared for ev switch in eight years
Rising electric costs are blowing the fuse on plans for expanding ev sales in Britain. A comprehensive survey by Rivervale Leasing found that the escalating cost of energy is the most common concern, as 21% say that they think the potential of higher home charging tariffs could stop the UK from switching to electric. Vince Pemberton, Chief executive … [Read more...]
Most JLR models on stop in September
Jaguar Land Rover is facing assembly problems at its plants in September. No Land Rover Discovery, Evoque and Velar models will be built through September due to parts shortages but some production continues with the Range Rover, Range Rover Sport and Defender. Jaguar XE, XF and F-Pace models are also on stop but F-Type will still be … [Read more...]
Electricity rise new threat to fuel pump prices
The Petrol Retailers Association has warned that electricity rises will affect their costs and possibly lead to further increases in pump prices. It is extremely concerned about rising energy costs and their implication as costs associated with operating a forecourt will triple, Gordon Balmer, Executive Director of the Petrol Retailers Association, who has … [Read more...]
Toyota reveal hydrogen powered GR Yaris at WRC
Toyota President Akio Toyoda, aka “Morizo” drove the GR Yaris H2―a special hydrogen-engine version of the Toyota GR Yaris―in a demonstration run during Rally Belgium, the ninth round of the World Rally Championship last weekend. It was the first time Toyota had shown an under-development hydrogen-engine vehicle on public roads outside Japan. … [Read more...]
Fleets see savings in EVs
Cost advantages and lower environmental impact head the list of reasons why UK businesses are electrifying their company cars, suggests research from the latest Arval Mobility Observatory Barometer. The factors mentioned by fleet and mobility decision makers in the research were topped by reduced fuel expenses (66% of those questioned – up from 54% in 2021) … [Read more...]
Orders open for ID.Buzz Cargo
Order books for the new all-electric ID. Buzz Cargo are officially open with prices from £38,125 or just £479 per month. Customers can choose between two trim levels that offer business-ready practicality, advanced connectivity, and driver assistance systems: Commerce and Commerce Plus, both fitted with a 77kWh lithium-ion battery and electric motor … [Read more...]
Inflation puts brakes on ev models
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...]
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