Used electric vehicle values fall below ICE models
New data has revealed that many used electric vehicle values have fallen below their petrol and diesel equivalents. HPI data has found that used three-year-old EVs are 8.5% cheaper than […]
EVs
IMI warns of soaring electric vehicle skills gap
New data from the Institute of the Motor Industry has warned the industry is facing a shortfall of 16,000 EV technicians by 2025. Its latest EV Techsafe certification data has […]
NFDA urges government to introduce EV incentives
The National Franchised Dealers Association (NFDA) has urged the government to take steps to stimulate electric vehicle demand among private buyers. New figures from the Society of Motor Manufacturers and […]
New car market enjoys two years’ of growth
The UK new car market has grown for two consecutive years after figures from the Society of Motor Manufacturers and Traders (SMMT) revealed 2.5% growth in July. It found that […]
Tata Group expected to begin EV gigafactory work this week
Tata Group is expected to being construction on what will be the UK’s largest electric vehicle battery gigafactory this week. Work on the £4bn site in Bridgewater, Somerset, is expected […]
Auto Trader data reveals surge in used car sales
Used car sales are expected to rise five per cent year-on-year in the second half of the year, with a further 350,000 transactions. According to data from Auto Trader, sales […]
Cap hpi reveals strong electric vehicle demand
Cap hpi has revealed that used car values fell 0.4% in July at three years and 60,000 miles. Further analysis found that at the one-year age point values dropped by […]
INDICATA UK reveals 44% fall in used EV values
Electric car values in the three-year old category have fallen by nearly 44% in just 18 months. This is according to INDICATA UK’s latest Market Watch report. It revealed that […]
SMMT reports fall in output as manufacturers focus on EVs
The Society of Motor Manufacturers and Traders has reported a 7.6% fall in UK car production in the first half of 2024 as manufacturers focus on EVs. It has reported […]
Porsche scales back on electric vehicle targets
Porsche has become the latest vehicle manufacturer to row back on its electric vehicle plans. It had set a target for 80% of sales to be electric by 2030. However, […]
Nissan supports major North East EV skills investment
A major investment in skills in the North East, supported by Nissan, will create a new generation of electric vehicle and battery technicians. North East Mayor Kim McGuinness and the […]
Intercounty Truck & Van unveils new Bedfordshire site
Mercedes-Benz dealership Intercounty Truck & Van has announced a £2m investment in a new Dunstable site that will create 30 new jobs. The site offers a state-of-the-art workshop for the […]
