The cost of running an electric car for a year is 47% cheaper than the cost of running a petrol car, according to comparethemarket.com. The figures show the average cost to run an electric vehicle for 12 months is £1,091 compared with £2,062 for a petrol vehicle – a difference of £971. The research analyses the cost of insurance, fuel, and road taxes. For drivers of electric vehicles, car … [Read more...]
RAC and British Gas join forces to boost ev cars
The RAC and British Gas have joined forces to boost the take-up of electric cars. Following just weeks on from the RAC launching its market-leading electric vehicle (EV) leasing website, the new partnership means customers can have a smart 7kW home charge point installed by an expert British Gas engineer and take advantage of a bespoke electricity tariff with cheaper off-peak overnight … [Read more...]
RAC offer new all-in EV leasing scheme
The RAC has launched a new leasing service to make switching to a brand-new EV easier and more affordable – with market-leading deals available from day one. More than three-quarters (78%) of drivers believe pure electric cars are still too expensive, so the motoring body has joined forces with Hitachi Capital Vehicle Solutions to offer a wide range of the most popular EV models currently … [Read more...]
Full throttle drive to boost evs and manufacturing jobs
Car makers have called for millions of new charging points to be installed in Britain and for Government help towards building enormous factories to manufacture traction batteries for new cars if the UK is to hit its low and zero emissions goals. The Society of Motor Manufacturers and Traders ambitious plan, ‘Full Throttle: Driving UK Automotive Competitiveness’, is intended secure the future of … [Read more...]
Wales’s lowest electric vehicle charging grant take-up in UK
Wales had the lowest uptake for electric car home charging grants, according to figures from the Office for Zero Emission Vehicles. The demand for the Electric Vehicle Homecharge Scheme’s (EVHS) in Wales amounted to just 319 grants per 100,000 homes last year. The highest take-up of EVHS, which provides 75% of the cost of installing electric vehicle charging devices at domestic properties, was … [Read more...]
Car sales getting greener as sales faltered
Ultra-low emission vehicle (ULEV) registrations shot-up by 125% during 2020 compared to the year before, according to new figures from the Department for Transport. There was more good news for ULEV manufacturers, with registrations speeding-up over the course of year, which helped put 179,000 registered cars on the road by the end of 2020. After ULEVs, alternative fuel cars enjoyed 87% growth, … [Read more...]
Buyers looking for more used evs, says AA Cars
Interest in used electric vehicles rose by almost 20% in 2020, despite the pandemic and the closure of car dealerships during lockdown periods, new analysis by AA Cars, the AA’s used car website, has revealed. Searches for EVs on the AA Cars platform have been growing steadily year after year, increasing 47 times (4,623%) since 2015. Interest in electric cars grew by 18.85% year-on-year in … [Read more...]
Cardiff buyers Focus in pandemic
Ford Focus was Cardiff’s most sold used car during the pandemic, revealed by Motorway.co.uk, the UK’s fastest-growing online marketplace for used cars. Motorway analysed all the cars sold on its platform during the pandemic, between March 2020 and February 2021, and found that more people in Cardiff have sold a Ford Focus on the platform than any other car in the last year. It was closely … [Read more...]
Advertising brakes but car sales accelerate
Sales enquiries for both new and used cars have seen an increase during the last week as retail buyers appear to have gained a little more confidence and seem more willing to start to spend the money they have inadvertently saved during the current third lockdown period. However, new car sales for the month are still looking to be at around 60% of normal levels with a considerable constraint on … [Read more...]
Difficulties setting values of newest and future cars
Sellers and buyers face a torrid time setting values on the latest hybrid and electric cars. Aside from the myriad of other issues that will affect both the production and adoption of BEVs and advanced hybrid technology, the industry needs to begin to understand what the future value of these cars will look like, and also the level of retail consumer interest. Without a realistic view of the … [Read more...]