Jaguar is preparing to launch the first of three new cars at the end of this year and stablemate Land Rover is said to be preparing to show a new electric Range Rover about the same time. Global Data.com has reported production numbers might be low for the Jaguar to maintain exclusivity but the market might also consider them too expensive and future LR … [Read more...]
Fleets warned of possible Chinese burn
Fleets need to check new entrant Chinese manufacturers for credibility before committing to buying their vehicles, FleetCheck is warning. Peter Golding, managing director at the fleet management software company, said that electric vehicle manufacturers from China were undergoing a period of rapid consolidation, and that some were likely to export simply as … [Read more...]
Legend car makers facing end of the road
Around 51% of car dealers think that the arrival of new Chinese electric vehicle companies in the UK market will force some established manufacturers out of business. Startline’s June Used Car Tracker also shows that 31% believe some existing brands are already falling behind and 36% say that the next few years will see them fold thanks to tougher … [Read more...]
Jaguar lead decline in EV values, says Auto Trader
Some premium pure electric cars have slumped in value, according to Auto Trader. The Jaguar I-Pace crashed by 15.6 per cent year on year (YoY) and dropped by 4.1 per cent between December 2022 and January 2023. The average asking price of the Austrian-made Jaguar was £48,613 last month. Other premium second-hand EVs also slipped further in January, … [Read more...]
