Electric vehicles are a luxury that almost half of society can’t afford, according to claims from used car buying service, Choose My Car. The high cost of purchase, installing expensive charging points, and rising energy costs are just some of the reasons that lower-income drivers are being priced out of the EV market, said Founder … [Read more...]
Fleets fear petrol & diesel value collapse
Fears over the future residual values of internal combustion engine cars and vans are increasingly helping to drive fleet adoption of electric vehicles, FleetCheck is reporting. Andy Kirby, customer success director, said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to … [Read more...]
Welsh engineering company closes after 75 years
Allevard Springs will close its South Wales car components plant. About 60 jobs will go. The company moved to Tonypandy as part of the UK Government’s encouragement to boost jobs in South Wales following WW2 and it started production in 1947 for Land Rover. Work expanded and it was a significant supplier to car and light commercial vehicles over the next … [Read more...]
Fuel shortage green light for ev sales boom
After one on-line retailer reported a 60% jump in ev-searches over the weekend, analysts believe the fuel shortage will be the big catalyst to boosting the uptake of the greenest cars. Sean Kemple, Managing Director of Close Brothers Motor Finance, said, “The current fuel crisis may well be the catalyst for motorists to go green. "Vauxhall is … [Read more...]
Fleets expressing RV concerns over petrol & diesel models
Customers are already beginning to express residual values fears over buying new diesel or petrol cars and vans thanks to the prospect of rapid electrification, FleetCheck is reporting. Through its sister Fleetfind operation, the fleet software company helps its client base source vehicles, and says that buyers are concerned about the prospects for internal … [Read more...]
Analysts at IHS Markit see big swings for EVs
Many markets will become pure BEV/ZEV sales markets by 2040 at the latest with only few exceptions, according to IHS Markit estimates. The ICE sales era in Europe will be replaced by the BEV sales era between 2035 and 2040. In China, IHS Markit expects New Energy Vehicles (NEV) sales targets to be around 40% by 2030, greater than 50% by 2035 and up to 100% … [Read more...]
Probe begins into questionable EV claims
Aston Martin is probing how it became implicated in a report with inaccurate comparisons of the climate harm caused by cars powered by batteries and combustion engines and widely reported by media over the last week. One claim in the report said it took about 48,000 miles for EVs to be less polluting than conventional cars but the figure is more like 16,000 … [Read more...]
UK car maker may need bailout
Despite Coronavirus, the plug-in market in Europe grew by well over 100% this year and it will happen again in 2021. BEVs (Battery Electric Vehicles) will grow by more than 100% and surpass the growth of plug-in hybrids (PHEVs). In 2019, the UK sold 38,000 BEVs and the UK is currently on track for between 98,000 and 101,000 BEV sales by the end of … [Read more...]
Piston engines’ future narrows
In recent months Britain, France and India all have announced plans to gradually phase out gasoline- and diesel-powered engines, and other countries are heading in the same direction. The moves, which aim to curb air pollution and tailpipe emissions linked to global climate change, seem to signal a death knell for internal combustion engines … [Read more...]
