Tag Archives: EV

Tata Sons has announced plans to establish a global battery cell gigafactory in the UK with a capacity to produce 40GWh of cells annually. Tata Sons is the largest shareholder of Tata Motors, which owns Jaguar Land Rover. An investment of over £4bln will be made to the JLR Bridgwater, Somerset site to host the plant. N Chandrasekaran, chairman, Tata ...

Used EV prices fell by 1.4% (£329) to £22,100 at an average age and mileage of 30 months and 22,128 miles in Q2. According to Aston Barclay this shows a “settling down” of the used EV sector. Tesla’s new car price reduction continues to influence lower prices in the used EV market, which is helping fuel demand while remaining the ...

Used electric vehicles look set to reach price parity with conventional ICE vehicles over the next year. That’s the view of Dale Wyatt, director of automobile at Suzuki GB who said that new EV prices will follow the same route. “It looks as though used ICE and EV cars will start to reach some kind of price parity over the ...

More than a third of used car dealers (36%) believe that the market for electric vehicles (EVs) has now stabilised. This follows dramatic falls in values over the last year. July’s Startline Used Car Tracker also shows that 20% of dealers expect to see further drops in value of up to 10%, while a further 30% believe that coming reductions ...

UK automotive manufacturers have reduced the carbon footprint of production to its lowest level on record. the SMMT has reported that the industry reduced emissions per vehicle made last year by -2.8%, while at the same time producing a record-high proportion of electrified vehicles (EVs). Electric vehicles require more energy to produce, but manufacturers have been able to advance the ...

The National Franchised Dealers Association (NFDA) has met with dealers in northern Ireland to discuss what it described as the “dire” state of the electric vehicle charging infrastructure in the province. “NFDA is continuing to make progress in Northern Ireland to address some of the key barriers hindering mass EV adoption. Recently, NFDA-NI met with several MPs and Members of ...

European new vehicle registrations totaled 1,116,472 in May, an 18% increase on the 943,435 in the same month last year. This takes the year-to-date total to 5.3 million units, up by 17%. Tesla was the best performing OEM winning 2.63% of the market. In the same month last year, the US manufacturer’s market share was just 0.15%. However, JATO reported ...

The Society of Motor Manufacturers and Traders (SMMT) has launched “Manifesto 2030: Automotive growth for a zero emission future”. It called on every political party to recognise the strategic importance of the automotive sector to the UK and create the conditions for a 10-fold rise in annual battery electric vehicle (BEV) production to more than 750,000 units per year by ...

European carmakers are increasingly under pressure in their home markets from Chinese manufacturers, more and more of whom are pushing into European markets with electric vehicles. In the first quarter of 2023, China replaced Japan as the world leader in automotive exports. The event was an “astonishing advancement” from sixth place as recently as 2019. These are among the key ...

Aston Martin has progressed its plans to produce electric performance cars with a new supply agreement with vehicle technologies company, Lucid Group. The proposed agreement announced this morning to the London Stock Exchange would see Lucid supply Aston Martin with electric vehicle technologies. Access to Lucid’s current and future powertrain and battery technology will be at the centre of Aston ...