Tag Archives: EV

Used EVs fell in price by nearly £5,000 during Q4. This was caused by the rising cost of living cooled consumer interest in switching to a zero emissions car, according to Aston Barclay. EV prices fell by -15.5% (£4,866) from £31,349 in Q3 to £26,483 in Q4 as consumers moved their focus towards used petrol and hybrids. At the end ...

The Volkswagen Group delivered 572,100 all-electric vehicles in 2022. Compared to 2021, this is a substantial increase of 26%. The BEV share of total deliveries thus reached 6.9%, up from 5.1% a year earlier. The Volkswagen Group remains the BEV market leader in its home market of Europe and reached the fourth position in this segment in the United States. ...

Tesla has announced price cuts on entry level models. The Model 3’s starting price has dropped from £51,090 to £42,990, and the Model Y Performance from £67,990 to £57,990. The move follows similar pricing cuts in China and the US. Tesla was the fifth fastest growing car brand in the UK last year with sales up 56% to 54,622 units. ...

Used EV values on online Autorola fell by 8.3% in Q4 to £28,231 as the cost of living crisis took its toll. The online remarketing platform said consumers were “struggling to justify the excessive costs amid a difficult economic climate.” But it said, despite a fall in Q4 values, they ended the year double that of used petrols (£14,067) and ...

Britain will run out of mechanics to service the growing number of electric vehicles by the end of the decade. That’s the conclusion of a think-tank the Social Market Foundation, which warned of a skills shortfall among mechanics trained to service and repair electric vehicles (EVs). The SMF report highlights industry estimates   that by 2027 there will not be enough ...

Buyers are five years out of date when it comes to knowledge of EVs. Decision behaviour research consultancy SKIM reports that most people think that a typical range for an EV is 150 miles, which in fact the average EV range five years ago in 2017. A range of 300 miles, (which is achievable by many EVs today), would be ...

Ford has invested a further £125m in its Halewood Plant, on Merseyside to increase production of electric vehicles (EV). Today’s announcement takes total investment in enabling Halewood’s transformation to an EV component plant to £380m. Kieran Cahill, Ford’s European Industrial Operations vice-president, said: “Ford is a global American brand, woven into the fabric of Europe for more than 100 years ...

South West Nissan Group, which operates Nissan showrooms in Wellington, Somerset; and Exeter and Barnstaple in Devon, has switched its in house car fleet to EVs. Three directors are driving the new Ariyas while 13 other managers are driving Leaf hatchbacks. Management are hoping the move will help more customers buy EVS and they benefit from reduced benefit in kind ...

WhichEV has awarded the Nissan LEAF a lifetime achievement award. James Morris, editor of WhichEV said: “The Nissan Leaf should be commended for all it has done for EVs over its 12 years. It’s a true legend.” LEAF was the first mass market electric vehicle, launching in 2010. Since then, it has sold more than 605,000 cars globally and more ...

Polestar Automotive Holding UK PLC has received further financial and liquidity support from its two major shareholders. Volvo Cars is providing $800m principal amount 18-month term loan, with an equity conversion option for Volvo Cars. PSD Investment is providing the same amount. Polestar CEO, Thomas Ingenlath, said: “We welcome the continued support from our major shareholders at a time when ...