With the EU car market expected to shrink by over a quarter this year compared to pre-pandemic 2019 levels, the European Automobile Manufacturers’ Association is calling for a policy framework that enables the market to both recover and make the shift to zero-emissions. These include greater resilience in Europe’s supply chains, an EU Critical Raw Materials … [Read more...]
EV savings partly offset rising living costs
The take home salary boost available to employees who are able to switch from a petrol or diesel to an electric company car could help counteract cost of living pressures for them, Arval UK is reporting. Joel Lund, who was appointed as Commercial Director in March, said that for a 20% tax payer with access to an electric vehicle (EV) via a company car … [Read more...]
EVs gaining sales as market slowly recovers
European Automobile Manufacturers’ Association has set out its forecast for 2015 and released last year’s registration figures for electric vehicles. Last year, new passenger car registrations were up 5.7% on the previous year, reaching 12.6 million units. “This is significant because it was the EU’s first positive annual result since the financial … [Read more...]
