Tesla, the renowned electric vehicle (EV) manufacturer, is experiencing a significant decline in sales across Europe, marking one of its biggest setbacks in recent years. The company’s sales dropped nearly
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In 2011, Tesla’s CEO Elon Musk dismissed Chinese automaker BYD as an unlikely competitor in the electric vehicle (EV) market. At the time, Tesla was preparing the launch of its
Tesla has issued a recall for nearly all of its Cybertrucks sold in the United States after admitting that exterior panels on the futuristic vehicle have been falling off. The
The iconic black cabs of London, a hallmark of the capital’s transport system since the 17th century, could vanish from the streets by 2045 if current trends continue. This stark
Elon Musk’s Tesla has been forced to suspend sales of its all-electric Cybertruck amidst growing scrutiny over build quality issues. Reports have surfaced from owners and enthusiasts about metal panels
The German luxury carmaker Porsche has announced plans to reduce its workforce by nearly 10 per cent in response to challenging market conditions and ongoing tariff uncertainties. The company, which
Ford has announced plans to invest €4.4 billion into its electric vehicle (EV) manufacturing programme in Germany, an attempt to revitalise its struggling European operations. The US automotive giant, which
Car registrations in the United Kingdom decreased for the fifth consecutive month in February, with a 1 per cent overall decline compared to the same period last year. Data released
European carmakers have been granted a two-year extension to meet emissions targets for 2025, according to the European Commission president, Ursula von der Leyen. The move, described as offering the
In a significant blow to Britain’s automotive sector, BMW has announced the suspension of its £600 million investment in the historic Mini manufacturing facility at Cowley, Oxford. The German automotive
British oil giant BP has reaffirmed its commitment to operating more than 100,000 electric vehicle charge points globally by 2030, maintaining its course even as the company prepares to unveil
The United Kingdom’s used electric vehicle (EV) market achieved unprecedented growth in 2024, with sales soaring by 57.4% to reach 188,382 units, according to data released by the Society of
Jaguar Land Rover (JLR) has issued a stark warning that the current zero-emission vehicle (ZEV) mandate could significantly impact investment in the UK automotive industry. The carmaker, which employs 34,000
The UK automotive sector has witnessed a significant shift towards electrification, with battery electric vehicles (BEVs) capturing 21.3% of the market share in January 2025, according to the latest data
The British government is exploring a novel approach to stimulate electric vehicle (EV) sales through subsidised consumer loans. Ministers have initiated discussions with automotive finance providers to expand access to
Pod Point, a leading pioneer in the electric vehicle charging sector, has announced deeper than anticipated losses and a concerning cash burn rate for the current financial year. The company,
