Dealers selling electric vehicles and plug-in hybrids have received a boost with the extension of the government’s plug-in grant. The extension to the plug-in car grant is backed by a £400m government package to treble the number of ultra low emission vehicles on Britain’s roads. Car buyers will be able to continue to claim up to £4,500 off the overall purchase ...
Read More »Alternative fuel used volumes rise as EV values fall
The volumes of alternative fuelled used cars are rising faster than that of petrol and diesel-engined cars, according to the new Auto Retail Price Index. Despite this growth the research, covering the month of November, also found that EVs depreciate at a faster rate than hybrid, diesel or petrol engine cars in their first two years. The data showed the ...
Read More »Tesla to grow with Model X SUV and new London showroom
Tesla is set to open a new flagship store in Oxford Street London as a sales outlet and showroom for electric vehicles and technology. The group is understood to be paying a rent of £1m on the building situated at 449 Oxford Street Tesla’s UK presence is likely to grow substantially when its Model X SUV reaches the UK ...
Read More »Warrantywise launches UK’s first EV warranty package
Warrantywise has launched what it claims to be the first extended warranty package for electric vehicles. The cover is aimed at the growing number of EVs which are now outside of their original manufacturer’s warranty, with Warrantywise claiming there are currently 40,000 EVs on UK roads. “We have long supported the technological tour de force that is the electric vehicle ...
Read More »Electric vehicle residual values close in on diesels
Electric vehicle residual value forecasts are moving closer to traditional diesel cars as the used car market becomes more accustomed to the technology they contain, according to the latest data from Glass’s. Glass’s said in some cases RV forecasts for EVs are already broadly similar to their diesel equivalent citing the Vauxhall Ampera Electron’s 27.6% at three years/ 60,000 miles ...
Read More »Batteries now included on Renault EVs
Renault hopes to boost sales of its two electric vehicles by allowing them to be bought complete with the battery. Until now all the lithium ion batteries in Renault EVs have been supplied on a lease basis with a monthly charge. While the leasing option will still be offered the Zoe hatchback and Kangoo ZE van are now available as ...
Read More »Demand for electric cars among consumers remains weak
Less than 1% of customers would consider buying an electric car, according to a survey of 500 customers carried out by PwC. The report found that 13% are interested in buying a hybrid vehicle and the majority (62%) still want a conventional petrol or diesel engine. The survey also looked at dealers and their online offers. It found that while ...
Read More »Kia’s electric Soul arrives in showrooms
Kia has joined the growing ranks of electric vehicle brands with the new Soul EV. On sale now, the car will cost from £24,995, after the Government’s £5,000 plug-in car grant. The plug-in Soul EV is being sold from just 13 UK dealers, which have been specially trained to market and maintain the vehicle. Supplies of the car from the ...
Read More »Government announces £500m investment in EVs
Britain’s fledgling electric vehicle sector will receive a £500m funding boost under new plans revealed by deputy prime minister Nick Clegg.
Read More »Tesla Motors opens first UK site in London mall
Tesla Motors, the specialist American electric vehicle carmaker, has opened its first outlet in the UK in the Westfield Shopping Centre in London’s White City.
Read More »