Van owners discouraged from going electric due to lack of charging points May 24, 2022 Around 57 per cent of van owners feel discouraged from going electric due to a lack of charging points, according to a survey published today. Data from the Society of Motor Manufacturers and Traders (SMMT) revealed that even though more than a third of all new models come with plug, only one in 20 buyers [...]
Exclusive: We will solve any supply chain issues, says Tevva CEO May 22, 2022 Even though supply chain issues continue to rampage through the global automotive industry, electric and hydrogen truck maker Tevva has been slightly less impacted than others. The company’s chief executive Asher Bennett said its low capex manufacturing model has allowed it to “be a bit more flexible.” “If there are issues around the supply chain, [...]
Volkswagen pledges to build 800,000 EVs by end of 2022 May 12, 2022 Volkswagen has announced it will build 800,000 electric vehicles (EVs) worldwide by the end of the year as of both its environmental and financial strategy. Head of sales Hildegard Wortmann said today EU electric car sales will increase from the 425,000 delivered last year despite total deliveries falling because of macroeconomic and geopolitical issues, including [...]
EV market shows signs of maturing as second hand sales double May 10, 2022 The UK electric vehicle market has shown signs of maturing as the number of second hand sales has doubled over the last year, according to a quarterly report by the Society of Motor Manufacturers and Traders (SMMT) published today. Despite a combination of Covid-induced supply chain issues – including semiconductor shortages – and the impact [...]
UK needs to invest billions to become global player in EV battery market May 10, 2022 The UK needs to ramp up funding and production if it wants to become a global player in the electric vehicle (EV) battery market, according to a report published today. The Green Finance Institute’s Coalition for the Decarbonisation of Road Transport (CDRT) argued that the UK should increase its battery capacity from the current 2GWh [...]
Trafigura funds development of UK’s first lithium refinery May 9, 2022 Trafigura said it will fund the development of the UK’s first lithium factory for an undisclosed sum. The group explained that the refinery, operated by domestic start-up Green Lithium, will produce battery-grade lithium chemicals for the EU electric vehicle and battery industries. Under the agreement, the commodities giant will supply lithium feedstock an invest equity [...]
Supercar Special: 15,230 vehicles worth £770k+ each now on UK roads with Ferrari beating McLaren, Lamborghini and Bugatti May 9, 2022 There are now 15,230 so-called supercars on UK roads, with Ferrari topping the list, beating its main rivals McLaren and Lamborghini. Supercars are defined as high performance, road legal cars. Easily recognisable supercar brands such as Ferrari, McLaren and Lamborghini are best known for their speed and cost. The average price tag for a supercar [...]
UK automotive production outlook downgraded following April slump May 5, 2022 The automotive industry was forced to downgrade its 2022 production outlook after the number of cars built in April slumped 15.8 per cent. Data published today by the Society of Motor Manufacturers and Traders (SMMT) revealed the number of new car registrations fell to 119,167 units due to covid-induced semiconductor shortages. The decline, the data [...]
EV makers treble battery range delivering 15 times more choice to customers April 26, 2022 Electric vehicle (EV) makers have trebled the battery range in the last 10 years, giving customers 15 times more range of choice. According to a research published today by the Society of Motor Manufacturers and Traders (SMMT), the number of plug-in models has gone up from nine to 140 since 2011. EVs now account for [...]
Number of EV public chargers goes up but industry calls for more rapid ones April 21, 2022 The number of electric vehicle (EV) public chargers has gone on January levels, according to Department for Transport’s (DfT) latest data. Figures published today revealed that as of 1 April, there were 30,290 EV public chargers across the country, with 5,494 being rapid ones. The number of both normal and rapid ones increased by 7 [...]