Mid and West Wales has the lowest ratio of car thefts to population in Britain, said Go.Compare. Its analysis of crime data reveals Dyfed-Powys police marked up just 0.49 thefts per 1,000 registered cars compared to the highest of 12.67 per thousand in Cleveland, with the Ford Fiesta the most stolen model. Around 60,000 vehicle owners a day are paying the … [Read more...]
Tradelines 18 October
Honda Motor and Japanese trading house Mitsubishi Corporation will join forces to explore new business opportunities in the electric vehicle battery segment, according to local reports. The news came shortly after Toyota announced an alliance with Japanese energy group Idemitsu Kosan to develop solid state batteries for EVs, reports GlobalData. Sinclair … [Read more...]
Oil is not in short supply, says environmental group
Since the EU imposed sanctions on Russia, there has been a redrawing of the global oil map, according to a new study . Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. Transport & Environment (T&E), who carried out the study, says the EU is missing a historic opportunity to cut oil … [Read more...]
Europe in the slow lane of ‘green revolution’
Europe will dramatically drop behind America and China in the “green revolution”, said environmental group Transport & Environment. European Commission president Ursula von der Leyen said last year that she would create a new European Sovereignty Fund to help EU companies compete with president Biden’s Inflation Reduction Act (IRA). But whereas the US … [Read more...]
Newslines 23 June
All the EU’s four largest car markets grew, with the strongest gains in Italy (+23.1%), Germany (+19.2%), and France (+14.8%). From January to May 2023, the EU car market grew by 18%, to 4.4 million registered cars and BEVs jumped to 13.8% to 129,847 models. About 210,000 people will attend Glastonbury Festival this week, with nearly all arriving by … [Read more...]
Tradelines 17 May
Chinese emerging car maker BYD grew production by an astonishing 211% last year to overtake Tesla and is well placed to begin European assembly, reports StockApps. com. As the car maker prepares to build over 2M EVs this year, StockApps financial analyst Edith Reads said, “BYD’s success is attributed to several factors, including China’s increasing focus … [Read more...]
Britons love Chinese drive away evs
China is becoming a major exporter of electric cars to Europe and Britain. Exports of electric vehicles from China more than doubled in November, creating a monthly record, mostly fueled by European automakers who have set up factories in the country. Car manufacturers in China exported $3.2 billion worth of electric vehicles in November, up 165 percent … [Read more...]
Global vehicle production edges up
Light vehicle production is growing after the pandemics and supply shortages, say analysts with S&P Global Mobility. Production revisions continue to reflect the dynamic environment impacting the auto industry. In the months following the start of Russia/Ukraine conflict, S&P Global Mobility has done some “fine tuning” with this month’s forecast … [Read more...]
MG Cyberster concept on show this month
If you thought MG was a boring brand, take a look at their concept for a future sports model, the Cyberster. Just days after revealing design renderings, MG has released the first official photographs of its Cyberster concept car, which will be making its debut at the Shanghai Auto Show 21-28 April. The Cyberster - developed by the team at the MG Advanced … [Read more...]
Motor industry at cross-roads, suggests global survey
Car buyers around the world have different opinions on their next vehicle choice, according to an international survey by Arthur D Little researchers. The report entitled ‘The Future Of Automotive Mobility’ based on a survey of over 8,500 end customers in 13 countries shows that global automotive markets are currently at crossroads. While the study … [Read more...]
