Leasing deals for battery electric vehicles are being overpriced, new analysis by T&E of the used car market finds. In the UK, leasing offers for BEVs are on average 51% more expensive than their equivalent petrol model. Leasing an electric VW ID.3 costs approximately £605 a month, whilst the petrol Golf is offered at £376. In the UK, battery electric cars have the same resale value as … [Read more...]
Rethink gas pricing to boost take up of EVs, Government told
EV campaign group FairCharge and the want the Government to underline its support for the switch to electric vehicles by decoupling the wholesale price of electricity from gas, something which would immediately reduce the cost of charging EVs. The current high wholesale electricity price continues to be set by the unprecedented global wholesale price of gas, which has not only financially harmed … [Read more...]
‘Hot air’ claims about hydrogen investment, say greens
Europe’s oil majors’ ‘big bet' on hydrogen as the transport fuel for the future is not so big in reality, according to a new study on behalf of Transport & Environment, which shows that investments in biofuels refining are eight times bigger. T&E accused oil producers of not being serious about investing in genuinely clean fuels, but choosing the easy, unsustainable biofuels … [Read more...]
Newslines 21 October
After much anticipation, Consumers can now get a glimpse of the world’s first car-powered hotel, as Hotel Hyundai opens its doors, offering the most unique off grid experience of 2022. In the Essex hotel, everything is powered by IONIQ 5 and its Vehicle-to-Load (V2L) technology. The European Parliament has backed electric car charging targets that, if accepted by governments, would ensure that … [Read more...]
PHEVs face new emissions check
The climate ratings of plug-in hybrid vehicles (PHEVs) will become a lot more realistic after the EU agreed to reassess their CO2 emissions based on how much they actually emit on the road. Green group Transport & Environment, which has campaigned for years to highlight the true impact of so-called ‘fake’ electric vehicles, said the new system would end the emissions scandal that is … [Read more...]
New car sales slowing quicker than expected
The brakes have gone on hard for sales in Britain's car showrooms. UK new car registrations fell -24.3% in June, according to the latest figures released today by the Society of Motor Manufacturers and Traders with 140,958 new vehicles registered, the weakest June performance in 26 years. Volkswagen emerged top last month with 8.27% of share, Vauxhall reached 7.07% and just behind was Ford … [Read more...]
Newslines 6 May
Automotive finance provider, JBR Capital, has launched into 2022 with a record-setting four-month period – the most successful since the company was founded in 2015. Based in London, JBR Capital has lent over £80 million from 1 January to 30 April 30, enabling an ever-growing number of clients to fund their passion for high-end vehicles. The new 536bhp Flying Spur Hybrid – the second … [Read more...]
Transport to escape carbon tax in Europe
Road transport should be excluded when the European Union expands its carbon market into new sectors, the bloc's climate policy chief has said. The European Commission will reform its carbon market next year and has raised the idea of extending the scheme which forces some companies to buy permits to cover their pollution, into areas such as shipping, buildings and road transport. "We're … [Read more...]
Scrutiny of engine tests must continue, say pressure group
EU countries agreed to strengthen rules governing how cars are approved for sale in Europe, with the goal of preventing another dieselgate. Sustainable transport group Transport & Environment (T&E) welcomed the decision but warns that only proper scrutiny and real enforcement of the new rules will prevent carmakers from cheating again. The new rules force each member state to check … [Read more...]
Mileage gap widens between test and true figures
New car CO2 emissions are virtually unchanged for a fifth successive year according to new data published by the ICCT and analysis by Transport and Environment. Since 2012 new car CO2 emissions have reduced by just 2% on the road compared to nearly 11% in fake laboratory tests. The average gap between real-world fuel consumption of cars and their official test results is at all-time high in … [Read more...]