Five of the largest EV manufacturers in UK market increased their sales last month compared to 12 months ago, according to the latest data from New AutoMotive’s Electric Car Count. The monthly report is the most up-to-date and comprehensive electric vehicle sales data in the UK, and reveals that 15 out of 20 manufacturers are selling more EVs than they did … [Read more...]
Newslines 22 January
If those who drive the furthest ditched fossil fuels, the UK could save all of the oil – 13.6 million tonnes – expected to be extracted from the North Sea by the 2040s, according to analysis by the New Automotive group. The 25% group also accounts for more than half of all miles driven and more than half of costs spent on motoring, a report by transport … [Read more...]
EVs being priced out of reach for many, says analysis
The cost-of-living crisis is causing a drop in demand for electric vehicles as these cars are typically more expensive than petrol equivalents, according to Compare the Market comparison site. Sales of new electric cars have declined by 17.1% year-on-year in November according to figures from the Society of Motor Manufacturers and … [Read more...]
EVs price fall expected as fleets change
Second hand electric cars and vans are expected to dramatically fall in price as businesses contracts roll-over. According to independent transport research group New Automotive, companies now run around 475,000 electric cars, and 200,000 plug-in hybrids, most of which will be held for 2-4 years before being resold into the second-hand market for 50% of the … [Read more...]
Green motoring u-turn is sickening says industry
Applying the brakes to the 2030 electrification deadline by the Government is a poor and insincere reflection on the needs of business and the environment, according to the head of Britain’s fleet professionals. Paul Hollick, chair of the AFP, said, “This is a crucial subject where massive investments have been made and is not just something that should be … [Read more...]
Tradelines 14 June
Used car sales for the UK’s Top 200 dealers showed signs of recovery in May after a dramatic slide in the previous month. Data from our used car partner CarCondor.co.uk showed sales of second-hand cars jumped by 2.9 per cent to 164,138 in the fifth month of the year and follows a poor performance in April which saw sales plummet 10.54 per cent to 159,478, … [Read more...]
One-in-six new cars sold now electric
In March, electric cars accounted for 16.21% of all new car registrations in the UK, as the exponential growth in EV uptake seen in recent years begins to stabilise. While demand for electric vehicles is still high, it is likely that slower rates of growth will continue until the ZEV Mandate is implemented in 2024, and supply is able to consistently match … [Read more...]
Trade lines 18 January
Premium automotive brand, Genesis, will open a new Studio in Edinburgh, highlighting the company’s continued expansion since its arrival in 2021 and marking its first retail Studio in the UK outside London. Designed around a Korean white space theme and with Genesis Personal Assistants on hand to welcome visitors, customers will be able to configure their … [Read more...]
Newslines 16 January
World premiere of Suzuki’s EV concept model eVX has been made at the Maruti Suzuki Pavilion at Auto Expo 2023, Delhi.. The eVX is an all-electric concept SUV derived out of Suzuki’s first global strategic EV, scheduled to be introduced to the market by 2025. UK market leader Tesla has slashed prices by as much as £8000 having fallen short of Wall Street … [Read more...]
Newslines 17 October
Not only are there an insufficient number of electric charging points along the road networks in most EU countries, but the vast majority of these do not charge quickly enough, according to the European Automobile Manufacturers’ Association (ACEA). ACEA is alerting policy makers to this double problem – which risks stalling market uptake of electric cars – … [Read more...]
