The likelihood of buyers choosing electric or hybrid alternatives increases relative to how soon they wish to change their vehicle, according to Judgeservice. Its new State of the Nation Industry Report 2021 polled the views of 2,150 car owners to identify usage and buying trends as the UK comes out of Covid restrictions. The report shows how petrol’s dominance as ...
Read More »Electric vehicle leasing platform WeVee attracts £5m investment
Electric vehicle leasing platform WeVee has raised £5m in seed capital to help it expand in Europe. The platform launched in the UK in March 2020 to cater for growing demand for electric vehicles. It attracts up to 100,000 UK visitors per month. Financial backing came from German-born international business leaders, Rahmyn Kress and Michael Perschke, who join the platform’s ...
Read More »Snows technician is Kia EV Skill World Cup champion
Snows motor group technician David Weston has been crowned champion in the Kia EV Skill World Cup 2021. He received a trophy and $3,000 for winning the event. Weston represented the UK against technicians from 15 other nations, in two days of intensive online testing by the Osan Training Center in Seoul, South Korea. The biennial World Cup is usually ...
Read More »Nissan to invest £1bn in Sunderland electric hub
Nissan has announced £1bn worth of investment in a new electric vehicle hub in Sunderland. It is planning a major expansion of electric vehicle production at its car plant in Sunderland which will create 1,650 new jobs. Its partner, Envision AESC, will also build a new 9GWh-capacity Gigafactory to manufacture car batteries to power up to 100,000 electric vehicles a ...
Read More »Charles Hurst Group invests in electric fleet and charging infrastructure
Charles Hurst Group has today announced an investment of over £3.5m in a company fleet of fully electric and hybrid vehicles and an extensive charging infrastructure programme. The investment means that one in three of the company’s fleet of company car and demonstrator vehicles is now either fully electric or a hybrid model. The overall package includes an investment of ...
Read More »Used EV values continue ‘roller coaster’ ride, down -20% in Q1
Prices of used electric vehicles continued their “roller coaster” ride in the first quarter of 2021. EV prices fell by 19.6% (£3,391) from £19,978 in Q4 2020 to £16,047 in Q1 2021 as average age rose from 24 to 27 months, according to Autorola. “EV prices continue their rollercoaster ride and show no signs of stability,” said Jon Mitchell, Autorola ...
Read More »UK Government makes “wrong move at the wrong time” as it cuts EV grant
The UK Government has announced that it will be cutting the EV grant by £500 to £2,500. The Government has said that this change will mean that funding will last longer and be available to more drivers. It also said that grants will no longer be available for higher-priced vehicles, typically bought by drivers who can afford to switch without ...
Read More »Macklin Motors Nissan in Glasgow gains EVA status
Macklin Motors Nissan Glasgow Central has become one of the latest dealerships to gain Electric Vehicle Approved Status (EVA). The scheme was created by the National Franchised Dealers Association (NFDA) and is endorsed by the Government’s Office for Low Emission Vehicles (OLEV) and the Energy Saving Trust (EST). The goal of the scheme is to enhance dealerships’ understanding of electric ...
Read More »Jardine Motor spends £2.5m on EV charging infrastructure
Jardine Motor Group has spent £2.5m installing charging infrastructure for EVs across its UK network. Sales of EVs have been rising fast from a low base. The group said it was “hugely important” to have the infrastructure in place to meet rising demand. “Over the last few years, we have invested approximately £2.5m into electrical infrastructure, which includes every part ...
Read More »Electric vehicles are the fastest selling on dealer forecourts
Electric vehicles are selling fastest on the nation’s forecourts taking 39 days to sell at an average price of £19,000. The slowest-selling are diesel hybrid vehicles which are advertised for 53 days. Both petrol and petrol hybrid vehicles outperform their diesel equivalents, at 48 and 44 days respectively, according to cap hpi. Chris Plumb, senior valuations editor at cap hpi, ...
Read More »