Van insurance has increased 13.6% in the first half of 2022 for new business customers – with the more recent price jumps attributed to spiralling inflation. In the UK, the average quoted cost of van insurance is now £1,156 and all age groups have recorded double-digit increases to their motor insurance policies since the start of the year. A warning has … [Read more...]
£1 Billion Nissan investment boosts EVs
Thousands of jobs will be created or secured in Britain after Nissan announced this morning that it’s building its next electric car in Sunderland. About 900 new jobs will be added to the plant which currently builds the Leaf EV and a further 750 places will be created when Nissan Chinese partner Envision AESC constructs a new traction battery plant … [Read more...]
Volkswagen transform EV business
Northvolt has won an order worth more than $14 billion over 10 years from Volkswagen, which increases its stake in the Swedish lithium-ion battery maker. Northvolt will sell its share in joint-venture Northvolt Zwei in Salzgitter to the world’s No. 2 carmaker, which becomes the German gigafactory’s single owner. Volkswagen entered into a partnership with … [Read more...]
£1.2 Billion plant promises thousands of Welsh jobs
A £1.2 Billion deal is close to being signed to bring over 3,500 and up to 15,000 jobs with a new massive car batteries plant adjacent to the Aston Martin Lagonda facility at St Athan, in the Vale of Glamorgan. UK start-up battery manufacturer Britishvolt has shortlisted the site at the former RAF base next to where AML (above) started making their luxury … [Read more...]
