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Government rules out new EV grants
- 22/04/2024
- Posted by: Alan Feldberg
- Category: News
The government has resisted industry calls to reintroduced electric car grants to boost stalling car sales among private buyers. Vehicle manufacturers and industry bodies such as the Society of Motor Manufacturers and Traders have urged the government to provide financial incentives to drive an increase in [...] -
UK car parc at highest level
- 22/04/2024
- Posted by: Alan Feldberg
- Category: News
There were more vehicles on UK roads than ever before last year, according to data produced by the Society of Motor Manufacturers and Traders (SMMT). It reported that the number of vehicles increased by 1.7% to 41,404,589 during 2023, the biggest annual growth recorded since 2016. The number of cars rose by 1.6% [...] -
Hybrid demand rises as EV appetite falls
- 18/04/2024
- Posted by: Alan Feldberg
- Category: News
New data has revealed a dampening of demand for EVs in favour of hybrids. According to new registrations figures published by the European Automobile Manufacturers’ Association, EV market share across Europe fell by 11.3% in March to make up just 13% of new car sales, while hybrids rose by 12.6%. Meanwhile, [...] -
BIBA and Novo unveil new EV-dedicated scheme
- 17/04/2024
- Posted by: Alan Feldberg
- Category: News
The British Insurance Brokers’ Association (BIBA) has joined forced with Novo to launch a new motor insurance scheme tailored directly for electric vehicles. Available to all BIBA members, the scheme offers comprehensive cover, like-for-like replacement mobility and bespoke support during the claims process by a [...] -
Tesla’s European dominance under threat
- 17/04/2024
- Posted by: Alan Feldberg
- Category: News
Tesla’s dominance in the European electric vehicle market could be coming to an end. New figures have revealed that its market share fell from 29% to 18.7% last month amidst growing threats from other manufacturers in both Europe and China. The news comes at a trying time for the brand after it announced [...] -
EV sales tipped to top 400,000
- 17/04/2024
- Posted by: Alan Feldberg
- Category: News
A new report predicts that BEV sales will exceed 400,000 this year. According to a new study by cap hpi, the uptick will be driven by growing demand for smaller BEVs, which will increase market share from 20% to 30% while medium and larger BEVs will see market share decline from 45% to 30%. More than 480 [...] -
EV levels low at independent dealers
- 15/04/2024
- Posted by: Alan Feldberg
- Category: News
New data has revealed that only 17% of independent dealers stocked electric vehicles in March. This is according to cap hpi, which found that this figure rises to 43% of franchised dealers and 49% of car supermarkets. Derren Martin, director of valuations at cap hpi, said: “Our data shows that many dealers [...] -
NFDA shines light on NI challenges
- 15/04/2024
- Posted by: Alan Feldberg
- Category: News
The National Franchised Dealers Association in Northern Ireland has met with industry leaders and regulators to discuss key issues within the domestic automotive market, including MOTs and electric vehicle charging infrastructure. Among the key topics under the microscope was the ongoing MOT backlog, which has been [...] -
The AA unveils motoring manifesto
- 15/04/2024
- Posted by: Alan Feldberg
- Category: News
The AA has launched its motoring manifesto – Creating Confidence for Drivers – intended to highlight key concerns among UK motorists. The manifesto has been introduced to voice the issues troubling drivers after its own research found that 96% of members identified the quality of roads as their top issue, 81% [...] -
Poor network coverage disrupting EV charging
- 09/04/2024
- Posted by: Alan Feldberg
- Category: News
Limited mobile network coverage could be disrupting the EV charging process at a number of public charge points. According to the RAC Foundation, about two thirds of Britain’s most common type of public chargepoints have limited mobile signal connectivity, meaning it is more difficult for drivers to access [...]