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Electric vehicles
Manufacturers say that the VAT on electric vehicles should be cut in half.
The motor industry urged the chancellor on Tuesday to reduce the VAT rate for new electric vehicles, as well as public charging stations to stop the decline in the electric vehicle sector.
The Society of Motor Manufacturers and Traders,…
Tesla’s quarterly deliveries miss expectations despite 6% rise
Tesla's quarterly deliveries of vehicles fell short of expectations and dampened hopes of a robust recovery on the backs of a rebound in Chinese auto demand. In the three-month period ending September, the company sold 462,890 cars…
The production of the electric Fiat 500 has been halted due to a lack of European orders
Stellantis will stop production of its electric Fiat 500 for four weeks due to a lack in orders from Europe.
The Franco-Italian firm, which owns Citroen Vauxhall Peugeot, announced that production will be suspended on Friday.…
Is hydrogen really ready to take flight?
The concrete test track in Bedfordshire is a circular swath through lush countryside. It's usually the place where high-performance vehicles are tested, but last weekend it was a less frantic form of transportation: a hydrogen prototype…
Electric Car Sales Surge in August Bucking Overall Market Trend
In a surprising turn of events, electric vehicle (EV) sales in the UK saw a significant uptick in August, defying the overall downward trend in the automotive market. According to the latest figures from the Society of Motor Manufacturers…
Volvo Abandons All Electric Car Goal as EV Market Slows
Volvo, the Swedish automaker known for its environmental commitments, has reversed its plan to sell only fully electric cars by 2030. This decision comes amidst growing signs of a global slowdown in the electric vehicle (EV) market. The…
Electric Car Mandate Squeezes Ford and Vauxhall Market Share to Historic Lows
The UK's zero-emission vehicle (ZEV) mandate is significantly disrupting the automotive industry, particularly affecting traditional brands like Ford and Vauxhall. These companies are witnessing a sharp decline in market share as they…
Chinese Electric Vehicle Sales Falter in Europe as EU Tariffs Take Effect
The European electric vehicle (EV) market is undergoing a notable transformation as Chinese manufacturers respond to newly imposed European Union tariffs. According to data from automotive analyst Dataforce, the market share of Chinese EVs…
Hyundai Doubles Hybrid Range as Demand for Pure Electric Cars Declines
As consumer demand for pure electric vehicles (EVs) experiences a slowdown, the South Korean carmaker Hyundai has announced plans to double its range of hybrid car models. The company, which ranks as the world's third-largest carmaker, is…
Chinese EV Maker Xpeng Unveils Low-Cost Electric Car with Self-Driving Capabilities
Chinese electric vehicle manufacturer Xpeng has launched a new, affordably priced electric car that incorporates technology acquired from ride-hailing giant Didi's failed attempt to enter the highly competitive automotive market in China.…
Polestar CEO Thomas Ingenlath Resigns Amidst Plummeting Sales and Share Prices
In a surprising turn of events, Thomas Ingenlath, the chief executive and founder of Polestar, has stepped down after seven years in leadership. Polestar, a Swedish electric vehicle manufacturer controlled by Volvo and China's Geely,…
Ford Cancels Electric SUV Plans Potential 19 Billion Dollar Write Off
In a surprising turn of events, Ford Motor Company has abandoned its plans to manufacture a three-row electric sports utility vehicle (SUV). This decision could potentially cost the American carmaker up to $1.9 billion, as car buyers show…
Ford Scraps Plans for Electric SUV Potentially Costing 19 Billion Dollars
In a surprising turn of events, Ford Motor Company has decided to abandon its plans to manufacture a three-row electric sports utility vehicle (SUV) and will instead produce a hybrid model. This change is a response to the lukewarm…
Tesla profits fall by nearly half as electric car sales slump
Tesla's second quarter profit dropped 45 percent compared to a year earlier as global electric car sales continued their decline despite price reductions and low-interest finance.
The Texas-based firm said Tuesday that its net income…
Airbus tests electric engines for the future of aviation
After other net-zero projects failed, the aviation giant is now focusing on hybrid power.
Airbus will use small electric motors in its first hybrid aircraft to reduce carbon emissions using technology developed for automobiles.
The…
Jim Ratcliffe’s Ineos cancels launch of Fusilier Electric SUV
Ineos, owned by Sir Jim Ratcliffe, has delayed the release of its Fusilier electric vehicle. The company blames a lackluster consumer demand as well as uncertainty over government policies.
Ratcliffe announced its plans to manufacture…
Tesla exceeds expectations, while Chinese rivals snap at its heels
Tesla's deliveries surpassed Wall Street expectations Tuesday, as its price cuts and incentives stimulated demand.
Elon Musk's carmaker delivered 443,956 cars in the three-month period ending June. This is a 4.8% drop year-on-year, but…
UK haulage industry urges investment in electric truck infrastructure
The road haulage sector is calling for the new government's urgent attention to investment in infrastructure for electrical trucks. They point out that there is only one public charging station for HGVs across the UK.
According to…