-
Fuel costs rise by £1.3bn in a year
- 25/07/2022
- Posted by: Alan Feldberg
- Category: News
UK motorists have spent an additional £1.13bn during the last 12 months because of the rising cost of petrol and diesel. This is according to used car platform CarGurus, which calculated the average monthly cost of diesel and petrol prices from June 2021 to June 2022 based on the average monthly mileage and [...] -
Fleets favouring EV switch
- 15/07/2022
- Posted by: Alan Feldberg
- Category: News
More and more commercial fleets are turning to electric vehicles. This is according to the number of enquiries for EVs being received by Reflex Vehicle Hire. It said that at one recent event, 80% of van fleet enquiries received by Reflex included requests for information about plug-in cars and vans, while more [...] -
EV hire demand still minimal
- 13/07/2022
- Posted by: Alan Feldberg
- Category: News
A quarter (26%) of customers would like to hire an electric car, although concerns around charging remain a dissuading factor. This is according to a survey carried out by Opinium, on behalf of iCarhireinsurance.com, a leading provider of stand-alone car hire excess insurance. Charging concerns (32%) and [...] -
Fuel prices driving EV uptake
- 15/06/2022
- Posted by: Alan Feldberg
- Category: News
An online Opinion Matters poll commissioned by The Motor Ombudsman has found than 48% of UK car owners are considering a switch to electric a fuel prices continue to rise. The cost of filling up an average family car with a 55-litre fuel tank recently hit £100 for the first time, a figure never seen before in this [...] -
Fuel prices need ‘urgent review’
- 13/06/2022
- Posted by: Alan Feldberg
- Category: News
The RAC and the AA have backed calls from government ministers for an urgent review of rising fuel prices. They want to establish if the cut in fuel duty is being passed on by retailers to drivers. This comes after petrol prices reached a record high on Sunday of 185p a litre, despite wholesale petrol prices [...] -
EV sales exceeding targets
- 08/06/2022
- Posted by: Alan Feldberg
- Category: News
New data has found that the UK is on course to meet the government’s electric vehicle targets, with adoption rates now ahead of the required curve. Data from the Department for Transport included in Volkswagen Financial Services UK’s first EV tracking report found that over the past decade sales of electric [...] -
RAC warns of steepling fuel costs
- 07/06/2022
- Posted by: Alan Feldberg
- Category: News
The RAC has warned that fuel prices could top 180p per litre this week. It has reported that prices on the forecourt spiked by nearly 5p a litre during the Jubilee weekend, and those rises are set to continue this week. The average price of petrol reached 177.8p a litre by Sunday, while diesel prices jumped from [...] -
Fuel prices settle in April
- 06/05/2022
- Posted by: Alan Feldberg
- Category: News
Fuel prices eased slightly in April, after three months of continuous rises. According to RAC Fuel Watch data, the average price of petrol dropped by 0.5p to 162.75p a litre over the course of the month while diesel stayed the same at 177p. Petrol is now 4.5p a litre lower than the record high of 167.3p set on [...] -
New drivers favour EV as first car
- 03/05/2022
- Posted by: Alan Feldberg
- Category: News
A Motor Ombudsman-commissioned online YouGov study of nearly 500 existing and prospective learner drivers in Great Britain has revealed that nearly half (42%) of new drivers would prefer their first car to be fully electric (26%) or hybrid (16%). The study showed that just a fifth (21%) of those polled would want [...] -
EV demand triples according to fresh data
- 01/03/2022
- Posted by: Alan Feldberg
- Category: News
Annual EV sales almost tripled according to new data released by Volkswagen Financial Services UK (VWFS). It found that annual finance cases for battery electric vehicles (BEV) surged 160% from 2020 to 2021. This trend is all the more impressive considering the level of volatililty the automotive industry has [...]