The government’s decision to introduce VED on electric cars from April 2025 has ‘polarised’ car buyers considering an EV as their next purchase, reports CarDealer.
eBay Motors Group quizzed 2,000 in-market car buyers and found that nearly half (45 per cent) were not put off by the move but 37 per cent said the announcement is either making them reconsider or drop their plans to go electric.
Russia relaunched production of the Soviet-era Moskvich brand at a plant near Moscow given up by Renault and it marks the first time in two decades that the brand has been produced.
Renault sold its majority stake in automaker AvtoVAZ in May to the Russian state for reportedly just one ruble, but with a six-year option to buy it back and also sold its Moscow plant, now renamed the Moscow Automobile Factory Moskvich, for another ruble and just 600 vehicles are planned for production this year.