The steep depreciation on some EV models has made dealers wary of buying them for stock, according to new research by HonkHonk.co.uk. HonkHonk is the trading platform that brings motorists together with dealers who want to buy their cars and is now warning EV drivers to expect little enthusiasm when they offer theirs for sale. More than one in three used car dealers report that they are 'much … [Read more...]
Newslines 2 January
China's biggest electric car maker in the world, BYD, announced the next stage of its European strategy with the construction of a massive manufacturing and production centre in Szeged, Hungary. The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe and will have a highly advanced car production line as it gradually ramps up manufacturing and … [Read more...]