The boss of a city-wide delivery business says van makers have been let down with demand for electric models in Britain. Ex-Cardiff University student Tristan Thomas, CEO and co-founder of Packfleet is the Ex-VP of Marketing at Monzo, and set up the forward-thinking parcel delivery company with electrification at the forefront. He was speaking after Arrival said it's slashing 800 jobs at its … [Read more...]
Newslines 16 July
Tesla is on course to notch up a million pure battery car sales by next April, the first manufacturer to do so. VW is tipped to overtake them two years later and Mercedes-Benz will be close behind, according to projections calculated by Moneyshake. As Germany ramps up estimates of EV sales to 14M on its roads inside eight years analysts believe 55% of all EU sales will be electric in the same … [Read more...]
Massive boost for UK ev maker
Hyundai and Kia have announced an £85m investment in UK-based electric van maker - and LowCVP member - Arrival. The money will be used by Arrival to scale up production of its electric van targeted at the commercial vehicle market. It comes days after Arrival announced a huge ev van order from UPS in the United States. The cash injection - which values Arrival at £3bn - means that the … [Read more...]