Opel Corsa-e Electric Car (Image: Opel.com)

Report: Sales of internal combustion vehicles now in “permanent decline”

Sales of non-plug-in internal combustion-powered vehicles peaked in 2017, according to a report by industry analysts at Bloomberg New Energy Finance, and have been in “permanent decline” since then as sales of plug-in hybrid and electric vehicles increase. Sales of plug-in vehicles are also expected to triple their current levels by 2025, according to the report. “Most

BMW i4 (Image: BMW.co.uk)

Traditional carmakers could boost profits by accelerating move to electric

Analysis suggests electric operations will become rapidly more profitable than petrol and diesel arms within five years The world’s largest traditional carmakers could improve their profit margins and boost their value to investors by accelerating the transition to electric cars in the next decade, a new analysis has found. The electric carmaking operations of Toyota, Volkswagen,

Vauxhall-Mokka-eSUV (Image: media.vauxhall.co.uk)

They’re more expensive to buy but with petrol prices soaring… how long does it take to save money with an electric car?

Motorists are driving a car-buying revolution — with electric vehicles accounting for one in three new car sales. There are 400,000 already on the roads, up from 130,000 five years ago. And this figure is rising rapidly as the Government seeks to ban sales of new petrol and diesel cars and vans by 2030. Surging

Hyundai Ioniq 5 (Image: hyundai.co.uk)

Tell your friends about EVs: Study suggests automakers still aren’t getting the word out

Electric vehicles make a lot of sense for the pragmatic aspects: their ownership costs and environmental advantages. But once you’re in one, everything changes. As results from J.D. Power’s U.S. Electric Vehicle Consideration Study indicate, a lot of American consumers still need to simply get a ride in an EV. The firm, in the study

Jaguar LandRover GroupManager Install (Image: Rolec)

UK’s automotive industry, out of the world’s top 15, takes another hit as Jaguar Land Rover looks to Slovakia for electric vehicle batteries

  Jaguar Land Rover is in talks with Northvolt and SVolt Energy Technology about supplying batteries for a range of EVs it may assemble in Slovakia Unless battery investment picks up, carmakers may only accelerate their exodus from what was once the world’s second-biggest auto manufacturing base Almost a decade after playing home to Europe’s

EVs are avoiding about 3% of global oil demand—a fifth of Russia’s total exports

Russia’s ongoing invasion of Ukraine has triggered international sanctions throttling the country’s oil exports, leading to fears of even higher gas prices. But electric vehicle adoption has been helping make the situation less grim. Plug-in vehicles avoided roughly 1.5 million barrels of oil per day last year, according to new analysis from Bloomberg New Energy Finance.