Micromobility firm to launch UK’s first shared e-moped service December 7, 2021 UK micromobility firm Human Forest is set to roll out its shared e-moped service in London from January, becoming the first company in the country to have a shared e-moped fleet. The company’s network will initially consist of 100 vehicles, to be deployed across the capital, with numbers going up to 200 during the year. [...]
UK car sales grow but industry warns troubles are not over December 6, 2021 After four months of consecutive decline, new car registrations showed signs of recovery, going up 1.7 per cent in November compared with the same time last year. According to data from the Society of Motor Manufacturers and Traders (SMMT), 115,706 cars were registered last month, with electric vehicles becoming the main drivers beyond the demand. [...]
EV patents rise as net zero deadline drives fossil fuels down December 6, 2021 The number of electric vehicle (EV) patents has gone up all across the world, while fossil fuel ones have registered a rapid decrease in the last five years – a sign that manufacturers are taking seriously the decision made by governments to phase out the sale of new fossil fuel cars from 2030. Data from [...]
Car sales will mostly be online by 2030 in a blow to vehicle dealerships November 30, 2021 UK motoring executives think cars will be mostly sold online by 2030, with electric vehicles (EVs) making between 70 and 100 per cent of new vehicle sales in western Europe. Data from KPMG’s automotive executive survey has revealed that 59 per cent of 1118 executives interviewed believe online sales will become the norm by the [...]
Nissan bets heavily on electric cars as it pours £13.2bn into 23 new models with key role for Sunderland plant November 29, 2021 Car giant Nissan said this morning it plans to spend more than £13bn on developing electric vehicles. At a news conference in Japan the car manufacturer, which has a major plant in Sunderland, revealed it will develop 23 new electric models by 2030. By that time, the firm aims for half of its global output [...]
Rivian: America’s next top model? November 26, 2021 In 2020, despite a global pandemic making it more difficult for anybody that wanted to grab a beer at the end of a long work-day, Anheuser-Busch – the makers of Budweiser and a whole range of other alcoholic drinks – brought home revenues of a cool $46bn. Listed in New York, its market cap stands [...]
Hammersmith and Fulham to install 55 EV chargers in bid to become UK’s greenest borough November 25, 2021 Hammersmith and Fulham has teamed up with Liberty Charge to install an additional 55 electric vehicle charging points around the borough, in a bid to become the UK’s greenest borough. The move, which will bring the total number of EV chargers to 1,000 by the end of the year, was announced a few days after [...]
Dan Loeb’s Third Point rakes in $300m profit from Rivian IPO November 24, 2021 Dan Loeb’s hedge fund Third Point was one of several winners from electric vehicle startup Rivian’s blockbuster US IPO earlier this month, scoring a $300m profit as it hit the market. Third Point’s stake in Rivian, whose $100bn IPO was the biggest market debut in the world this year, was accumulated over the last twelve [...]
Green second-hand: a third of Brits considering buying used EV, research reveals November 23, 2021 A third of Brits is considering buying a used electric vehicle (EV) as their next car. Research from Volkswagen Financial Services (VWFS) UK has revealed that 35 per cent of British people are more likely to consider an EV as their next car as a result of the fuel crisis, with 32 per cent stating [...]
EV industry welcomes government’s home charging rules November 22, 2021 The EV industry has welcomed the UK Government’s announcement that owners of newly built homes and commercial buildings will need to instal electric vehicle (EV) charging points. The new regulations will lead to 145,000 additional EV chargers installed across the UK every year, and it was announced a few weeks after Prime Minister Boris Johnson [...]