New data from Leasing.com shows that leasing a battery electric vehicle is on average 18%, and potentially up to 31%, cheaper than funding a new vehicle on personal contract purchase. According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 87% (13) of those models. Across the … [Read more...]
Newslines 22 February
Jagaur Land Rover is reported in media to be well advanced on plans to develop a new pure electric car squarely aimed at the Bentley sector from 2025. It comes as other media stories say Ford, Renault and Mercedes-Benz are also looking at ramping up their electric cars, Toyota group has revealed a range of pure electric cars to replace all their existing … [Read more...]
Used cars bounce back led by hybrids
The UK’s used car market grew by 11.5% to 7,530,956 transactions in 2021, according to the Society of Motor Manufacturers and Traders. It reported 777,997 more cars changed hands than in 2020, a year which was even more badly affected by Covid lockdowns and unsettled consumer and business confidence. Despite this growth, the 2021 performance was still -5.5% … [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...]
One-six-new UK cars will be electric in 2022
At least 330,000 new battery electric vehicles will be registered in the UK in 2022, according to figures from DriveElectric, one of the UK’s leading electric vehicle leasing companies. This figure is based on DriveElectric’s own forecasts, and it represents a significant increase from 183,000 - the number of battery electric vehicles (cars and light vans) … [Read more...]
Lawmakers fail to understand technology, say suppliers
The planned European wide ban on petrol and diesel cars is not supported by technical data, said Sigrid de Vries, Secretary General of CLEPA, the association of automotive suppliers. “The steeper the target, without recognition of sustainable renewable fuels, the closer one gets to a de facto ban on the internal combustion engine. Without renewable fuels … [Read more...]
Salary sacrifice is saving emissions, reports Arval
Around 89% of cars leased via Arval on salary sacrifice are now an electric vehicle, an increase from just 39% two years ago. Over the same time period, the total number of cars provided using the sustainable mobility specialist’s salary sacrifice scheme, Arval Ignition, has risen by 252%. A figure that includes growth in terms of both existing clients and … [Read more...]
Analysts at IHS Markit see big swings for EVs
Many markets will become pure BEV/ZEV sales markets by 2040 at the latest with only few exceptions, according to IHS Markit estimates. The ICE sales era in Europe will be replaced by the BEV sales era between 2035 and 2040. In China, IHS Markit expects New Energy Vehicles (NEV) sales targets to be around 40% by 2030, greater than 50% by 2035 and up to 100% … [Read more...]
How to keep the heart of your EV car in good health
The battery in your electric vehicle is by far its most valuable component part, but do you know how to keep it in good health? Manufacturers give surprisingly little information about how to keep an EV battery in good shape on a day-to-day basis, and drivers tend to be focussed on the battery range or charge. The Li-ion battery and electric motor … [Read more...]
Rising concerns over EV initiatives and charging
There's rising concern among car makers that the British public and Government are not behind the drive to boost electric car sales. The Society of Motor Manufacturers and Traders wants greater support for private retail uptake of electric vehicles. It follows new figures showing businesses are twice as likely as consumers to make the switch from petrol or … [Read more...]
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