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,
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In a significant move towards sustainable logistics, Amazon has placed orders for over 150 electric heavy goods vehicles, positioning itself to operate Britain’s largest zero-emission truck fleet. The online retail
British luxury automotive manufacturer Rolls-Royce has unveiled plans for a £300 million expansion of its Goodwood facility, signalling a strategic pivot towards bespoke vehicle production amid a 5% decline in
Tesla’s global vehicle sales experienced their first decline in a decade during 2024, dropping 1.1 per cent to 1.79 million vehicles from 1.81 million in 2023. The disappointing figures triggered
Growing disparities in electric vehicle (EV) charging infrastructure across the UK are threatening to derrapeur the nation’s transition to sustainable transport, according to a comprehensive analysis by consultancy firm Stonehaven.
Britain’s public electric vehicle charging infrastructure witnessed substantial growth in 2024, with the total number of chargers increasing by 36% to reach 73,421 units by year-end, according to data from
Italian luxury carmaker Lamborghini has announced a delay in launching its first all-electric model until 2029, citing the luxury automotive sector’s unreadiness for full electrification. The VW-owned manufacturer, celebrating its
Nissan and Honda have initiated exploratory discussions regarding a potential merger that would establish a £52 billion Japanese automotive powerhouse, according to sources close to the negotiations. The proposed combination
Chinese robotaxi pioneer Pony.ai has unveiled ambitious plans to quadruple its autonomous vehicle fleet by 2025, whilst forecasting significant cost reductions and expanded operational zones across China’s premier cities. The
The United Kingdom’s government is preparing to modify its electric vehicle (EV) regulations as sales struggle to meet expectations. Business Secretary Jonathan Reynolds is launching a swift consultation next week
American automotive giant General Motors has announced a substantial $5 billion charge against its Chinese operations, highlighting the mounting challenges Western car manufacturers face in the world’s second-largest economy. The
Swedish battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the United States, marking a significant setback for European ambitions to challenge Asian dominance in the electric vehicle
The British government appears poised to reject appeals from electric vehicle manufacturers seeking relief from hefty fines linked to missed sales targets through 2026. This stance comes amid warnings from
The UK government is poised to modify regulations governing the electric vehicle (EV) market amid mounting pressure from manufacturers claiming current sales quotas are pushing the industry towards a breaking
Swedish battery manufacturer Northvolt stands at a critical juncture as the company contemplates filing for Chapter 11 protection or potentially entering bankruptcy proceedings. Sources close to the negotiations indicate the
German automotive giant BMW has witnessed a staggering 79.4 per cent decline in third-quarter profits, primarily driven by challenges in its braking systems and a significant downturn in Chinese consumer
