Green entrepreneur Jo Bamford has joined forces with multi-family office Vedra Partners to launch HYCAP, a hydrogen investment fund which has set its sights on raising £1bn. The capital, which already stands at more than £200m after the first round of investment, will be injected largely into UK businesses, with the focus on speeding-up green … [Read more...]
Newslines 26 August
Sarn Park Services are the best on the M4, according to accumulated views of users analysed by the Brindley motoring group. It studied over 100 motorway services on 29 routes and Tebay on the M6 came out best, Telford M54 was the worst while the M5 generally raised most complaints. UK car manufacturing fell 37.6% in July, the first fall since February, … [Read more...]
Fuze is just the ticket for new generation buses
Green pioneer and Wrightbus owner Jo Bamford has launched FUZE, a unique asset finance company offering the complete solution for the funding of zero-emission buses. Heralding the industry as being “on the cusp of vital change”, FUZE will offer a turnkey solution to help operators get more buses on the roads in the race to net … [Read more...]
Cardiff to get “born-again” electric taxis
Cardiff will be one of the first UK cities to get the latest type of electric taxi from converted petrol or diesel cars. All-electric taxi and van conversions, Dynamo Motor Company has announced its next expansion phase, where it plans to recruit an extra 275 people in the UK and convert up to 10,000 taxis and commercial/privately owned vehicles per year in … [Read more...]
Newslines 15 July
New petrol and diesel cars will be banned from sale by 2035, lorries five years later and aircraft and shipping will face stinging new fuel taxes under proposals announced this week by the EU. Imported steel used to make vehicles will also be heavily taxed as the EU seeks to dramatically reduce cross border carbon footprints. Ex Renault-Nissan boss Carlos … [Read more...]
Wales’s new road schemes closed in rethink
Planned new roads in Wales will be frozen while the Welsh government reviews schemes. Projects that already have diggers in the ground, such as the Heads of the Valleys Road, will continue althought they are seriously behind schedule and costing millions more than expected Ministers want to shift money from new roads to maintaining … [Read more...]
Overcrowded Welsh trains cause concern
Welsh Conservative Shadow Minister for Transport, Natasha Asghar MS, has demanded answers after images emerged of commuters being cramped, and unable to social distance, on trains across the Welsh rail network last weekend. Commenting, she said, “Ensuring there are top-notch safety measures to prevent COVID-19 is still more important than ever, yet images … [Read more...]
Commuters carried Covid contagion to communities
Commuters moving between different counties increased COVID cases in the UK significantly before lockdown was imposed, according to new research by Vienna University of Economics and Business (WU). The study, conducted by Professor Thomas Plümper, looked into spatial contagion between local counties in England and found that cross district spatial contagion … [Read more...]
Covid-19 polarises buyers around the nation
Covid-19 has polarised the world, and the nation – including car buyers. According to research from episode one of the annual Britain Under the Bonnet report, from Close Brothers Motor Finance, some 38% of drivers are more likely to delay buying a car due to the economic uncertainty caused by Covid-19 and Brexit, while 12% have brought forward their … [Read more...]
Older drivers love to use their cars
Uswitch insurance comparison site says a quarter of us would give up our cars to help the environment. The results also reveal how age and location have huge impacts on how we feel about making sacrifices to help the environment. Meanwhile, the RAC Foundation has backed a report from the New Weather Institute think tank suggesting large 4x4 SUVs should … [Read more...]
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