It contains a brand-new Renault Zoe with a “pre-haggled” price of £16,000 Britain’s first contactless car vending machine has been unveiled by Auto Trader, offering motorists a haggle-free way to purchase a new car. The bespoke vending machine, installed at Spitalfields Market, allows purchases of up to £21,000 via contactless payment using a smartphone. It
Residual values for used electric vehicles (EVs) are growing as demand for zero-emission vehicles ramps up. Shoreham Vehicle Auctions says the UK has reached a “tipping point of acceptance”. The electric van market is growing with low mileage business users accepting the benefit of running a used van with very low running costs. SVA’s managing
New car registrations were down 4.1 per cent last month, making it the worst July for new car sales since 2012, figures show. In total, 157,198 new cars were registered in July, 6,700 fewer than the same month last year, according to data from the Society of Motor Manufacturers and Traders (SMMT). The motor industry
The number of electric car models available to consumers in Europe is expected to triple by 2021, says a European environmental lobby group. The uptake of electric cars has been stalling, blamed on a lack of charging infrastructure and higher prices. Latest data shows carmakers will offer 214 electric car models in 2021, up from
The next two years are likely to be the tipping point for electric vehicles (EVs) going mainstream in Europe, as the number of electric car models on the European market is set to more than triple in the next three years, Transport & Environment (T&E), Europe’s leading clean transport campaign group, says in a new
Millions of buyers are in the perfect position to buy an electric car, research by What Car? has found… Electric car ownership is the right choice for at least 1.5 million UK households today, according to new research by What Car?. That’s the number of multi-car homes in the UK with a sweet-spot combination of
Oil has played a pivotal role in shaping geopolitics for more than a century. But the rise of electric vehicles and shift toward cleaner fuels means that the world’s dependence on oil could begin to shrink, with both expected and unexpected consequences. Most countries are not prepared for the consequences of this transition, according to
Sales of battery electric vehicles (BEV) in the UK have soared by 61%, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT). Last month 2,461 BEVs were registered, going up from the 1,522 registered in the June of 2018. Overall sale of vehicles dropped by 4.9%, with the worst hit
UK’s million or so company car users will escape Benefit-in-Kind tax if they have an electric car in the 2020/21 financial year Company car users who drive an electric car will not have to pay any Benefit-in-Kind (BiK) tax during the next financial year, after the Treasury reviewed tax rules. The change follows the introduction
UK electric vehicle development: rising investment, concerns over Brexit
As the UK government announces a range of schemes investing in UK electric vehicle development, concern has grown over the post-Brexit future of the industry. Last week the government launched a consultation on proposals to compel all newly built houses in the UK to be fitted with a chargepoint for electric vehicles, a legislative world
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