How a car holds onto its popularity and value is a good indicator of its real worth, as in the case of the Nissan LEAF. The world’s first mass market all-electric family car was introduced in 2010 and for the UK and Europe it’s built in Sunderland where about 200,000 have been made in a decade and it's won seven used car awards in three … [Read more...]
Retail
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...]
The changing face of car sales and part exchanges
More manufacturers selling direct to the public is going to change the dealership model in future. The effects of the growth of franchise dealer agency models on the remarketing sector are not yet understood but could be far-reaching, according to the Vehicle Remarketing Association. Last year, Genesis launched as a manufacturer only on-line sales platform … [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...]
Newslines 25 January
Production of the Rasa hydrogen car by Riversimple of Llandrindod Wells has been pushed back from this year to 2024. That is when it anticipates a manufacturing plant with 220 people will be completed in Mid Wales and the company can also look at adding a saloon and commercial vehicle to the current coupe offering, founder Hugo Spowers has told media. The … [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...]
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