According to a new report by Bloomberg New Energy Finance, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road. While popular science fiction has set high the expectations of what the future of transportation will look like,
Plug-in vehicle sales account for almost 14% of all new car sales in March UK electric and hybrid car sales hit record levels in March, traditionally the biggest month of the year for motor dealers, as demand for greener vehicles surged despite overall trade remaining lower than before the pandemic. Sales of battery electric cars
European sales of fossil fuel vehicles took a massive hit last year, dropping by 5 million vehicles or more than a third compared to 2019. Meanwhile, electric vehicles appeared immune to the coronavirus as their sales more than doubled. EVs are gaining a foothold in Europe. The success of electric vehicles (battery electric vehicles –
Of all the issues facing the broker market in 2021, possibly the biggest is staring us in the face. And yet I can find hardly any expressions of concern or advice, on line or in person. We know now that sales of new petrol and diesel cars are to end in the UK by 2030,
Vauxhall is the latest car maker to have tweaked pricing for its electric car range in the wake of the government’s changes to the Plug-in Car Grant. Vauxhall’s new pure-electric Mokka-e in SE Premium trim now starts at £33,040 while the top-of-the-range Launch Edition starts at £34,995. As for the Vivaro-e Life people mover, prices
CAR GRANTS for those purchasing brand new fully-electric road cars have been dramatically cut from £3,000 to £2,500 under a new initiative from the Government. Campaigners have attacked the proposals with many warning it could be families and those who need to purchase larger road cars who will be the most affected. The proposals also
The Government has cut the electric car grant from £3,000 to £2,500 and excluded models that cost more than £35,000. It says grants will no longer be available for higher-priced vehicles, “typically bought by drivers who can afford to switch without a subsidy from taxpayers”. Tax incentives, including favourable company car tax rates, will remain
The perceived high cost of electric vehicle (EV) charging is a key barrier to EV uptake, according to research conducted by energyhelpline.com. According to the survey, almost two-thirds of consumers believe that EVs cost up to £50 to fully charge at home, this is despite analysis showing that they cost between just £6 and £17
New services mean you can have a greener vehicle on your driveway for little commitment You’ve already got a monthly Netflix subscription, and maybe a veg box delivery service. So why wouldn’t you start leasing an electric car on the same month-to-month terms? Hot on the heels of bicycle and other monthly subscription services, drivers
UK growth in EV sales driven by businesses, figures suggest
A car industry body has called on the government to support uptake among private buyers. Two-thirds of all new electric cars bought in the UK are purchased by businesses, rather than private buyers, according to a leading industry body. The Society of Motor Manufacturers and Traders (SMMT), which records ‘official’ figures on new car sales
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