Tag Archives: EVs

Chinese carmaker Omada claims to have 50 retail sites confirmed across the UK prior to its launch in April with a full year target of 100. Dealers on board include Listers, Arnold Clark and Greenhous. OMODA arrives in the UK with two cars. The OMODA 5 SUV is powered by a 1.6-litre turbocharged petrol engine. The OMODA E5 is a ...

The Ford Kuga was the fastest-selling used car last year, taking on average just 13 days to shift off retailers’ forecourts, twice as quickly as the total 2023 average of 31 days. Slightly behind the Blue Oval’s SUV in second position, was the Mercedes Benz A-Class Hatchback (Petrol Hybrid), which took 14 days to sell, and followed closely by its ...

This year has had its own challenges, used car values increased, substantially, in many cases and a shortage of good used cars made it difficult to restock. EV values have been hit hard and we decided to reduce the number of EV stock until the market volatility has been understood more fully. Full electric new car sales seem to be ...

As my first blog of 2024, then the first priority has to be to wish everyone a happy new year!  I managed to squeeze in a longer break, only returning to work on Monday, but I am sure that many of you share the feeling that it seems a long time since the holiday already.  For many, operationally, it’s back ...

Leasing firms are expressing alarm at the impact of the ZEV Mandate on the van market. In its January report the British Vehicle & Leasing Association (BVRLA) said the position for personal leased electric cars was deteriorating with a 10% decline in uptake to their initial high cost, leading to higher lease rates and reduced margins. “Numbers are down by ...

Dealers had a lack of confidence in government that it could deliver the necessary support the industry needs to achieve the 2030 deadline ICE sale ban. That’s the view of the National Franchised Dealers Association (NFDA), which represents car and commercial retailers across the UK. It surveyed its members last month and found that 60% of dealers supported an alignment ...

September’s Startline Used Car Tracker shows that 45% believe there will be better stock supply and 43% that demand for electric vehicles (EVs) will increase. However, just 25% expect there to be an improvement in consumer confidence. Paul Burgess, CEO at Startline Motor Finance, said: “Our new research shows that there is definitely a growing and welcome sense of optimism ...

The Society of Motor Manufacturers & Traders (SMMT) is calling for more government incentives to drive EV sales to private buyers. Currently fleets and companies sales are pushing EV sales because of tax benefits but this is not happening in the retail market where sales are flat. The SMMT cites a new survey commissioned from Savanta which found that two ...

The House of Lords Environment and Climate Change Committee opens its inquiry into Electric Vehicles (EVs) today 10 am by hearing from industry experts. The first evidence session can be followed live or afterwards on Parliament TV. Giving evidence at 10am will be: Marc Palmer, Brand Director, Autotrader, Phill Jones, Chief Operating Officer, Motors.co.uk, Toby Poston, Director of Corporate Affairs, ...

Used EV values are set to stabilise in the second half of 2023 following deep cuts in recent months. That’s the view of cap hpi, which said that “numerous” Battery Electric Vehicle (BEV) models have now “stabilised or appear close to a plateau” following falls in used values in recent months. It added, however, that a small number remain weak ...