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 gone out over a caller pretending to be linked to the Retail Motor Industry Federation and asking about security systems.
The Independent Garage Association said it was contacted by a member about a call from someone who said they were phoning from an alarm company and falsely claimed that they were associated with the RMI.
Eurocell, the Anglo-Korean next-generation battery company, has confirmed that it is in advanced discussions to build its first European Gigafactory in the Netherlands, supplying battery cells to the energy storage and e-mobility ecosystem across the continent.
It’s a $800m investment to create a Gigafactory capable of producing more than 40 million battery cells per year by 2025, initially for energy storage purposes but also going into the automotive sector.