electric cars

Scrapping ECOS would slow EV uptake, warns NFDA

The National Franchised Dealers Association (NFDA) has urged Chancellor Rachel Reeves MP not to scrap the Employee Car Ownership Scheme (ECOS) in the Autumn Budget. It has said the proposed […]

Low residual values putting fleets off EVs

Fleets are being dissuaded from investing more heavily in electric vehicles because of their low residual values. According to FleetCheck, used electric vehicle prices have dropped to such a level […]

Electric vehicles dominate fastest-selling list

Electric vehicles have been selling at record speeds in October, with the list of fastest-selling models dominated by electric powertrains. Data from Auto Trader has revealed that the Tesla Model Y, […]

Electric car leasing market enjoys buoyant summer

The electric car leasing market has enjoyed a strong summer with customer demand rising, according to Liquid Fleet. It found that leasing customers trying electric models for the first time […]

Used hybrid vehicle values exceed EVs

Used hybrid vehicle values are holding firm but second hand electric vehicle prices have plummeted, according to Cox Automotive. It found that hybrid and electric residual values were almost completely […]

IMDA calls for used electric car market grants

The used electric car market could see sales volumes and values fall unless the government introduces new financial support measures. The government recently unveiled grants of up to £3,750 for […]

Electric vehicle buyers open to new brands

New research has revealed that electric vehicle buyers are more open to new or emerging brands than motorists seeking petrol or diesel models. What Car? surveyed more than 3,000 in-market […]