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EV REtail

Cupra cuts price of Born EV by £2,350

Cupra has cut the price of its Born EV by £2,350 across the range coupled with a suite of electric vehicle (EV) purchasing incentives. And, due to the price reduction, the entry price for a factory order Cupra Born will reduce to £35,085 for a V1 58kWh 230PS – which is less than the previous price for a V1 58kWh ...

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New EV ‘price war’ is hitting used values says Autovista economist

The new and used car markets are returning to pre-pandemic dynamics more quickly than expected. That’s the view of Doctor Christof Engelskirchen, chief economist at Autovista taking part in an Assurant webinar. He told more than 100 delegates that a move was underway back to a situation where there was oversupply and tight demand. “I guess what many of us ...

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Car buyers ‘reject’ electric in favour of petrol and hybrid

Most car buyers considering their next purchase are now evenly split between petrol and hybrid as their first choice. JudgeService’s Car Buyer Barometer, which polled the views of 1,000 consumers, found over half expect their next car to be petrol (27%) or hybrid (27%), with 12% opting for fully electric. Diesel will account for 10% of purchases and plug-in hybrids ...

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Government needs to ‘turbocharge’ EV infrastructure and incentive schemes

The House of Lords Environment and Climate Change Committee has published its report ‘EV strategy rapid recharge needed’. The Committee is calling on the Government to “turbo-charge the charging infrastructure rollout by reviewing “outdated and disproportionate” planning regulations and tackling delays in the rollout of key public funding programmes. It called on the government to tackle the disparity in upfront ...

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SMMT downgrades UK EV forecast for 2024

The Society of Motor Manufacturers & Traders (SMMT) has revised its forecast downwards for EV market share. It said its latest 2024 outlook for the new car market estimates a total overall volume of 1.974 million units, which is a 4,000 unit increase on the October estimate. But the BEV forecast has been reduced to a market share of 21% ...

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Eurorepar targets all makes EVs and hybrids for service work

Stellantis’ Eurorepar Car Service’s UK network of 250-plus service centres is now targeting electric and hybrid vehicles through its new EV label programme. It said Eurorepar Car Service Licensees acquiring the new EV label will be able to maintain all make vehicles in accordance with manufacturers maintenance plans. The move follows the launch of EV label in the Netherlands in, ...

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Vauxhall announces return of Frontera name for battery electric SUV

Vauxhall has announced the return of the Frontera nameplate in 2024. The name will make its comeback on an all-new BEV SUV model. The new Frontera, which will be presented later this year, will be a fun car with clever functional features. It will also display a new rugged interpretation of Vauxhall’s bold and pure design philosophy. The new Frontera ...

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Used EVs see values rise 6.4% in Q4 after year of decline

The shortage of new sub-£25,000 electric cars gave the used EV sector a welcome boost in Q4. In Q4 used EVs rose in price by 6.4% (£1,309) to £21,707 after five consecutive quarterly price falls, according to remarketing firm Aston Barclay. Vendors will welcome the positive news for sub £25,000 used EVs in Q4 according to Aston Barclay’s chief customer ...

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