Negative coverage mean that more than four out of 10 people (43%) think electric vehicles easily catch fire, shows new research. May’s new Startline Used Car Tracker also reveals that 52% believe EV batteries become useless after just a few years, 26% that they are ultimately more polluting than petrol cars, and 24% that drivers can lose control of the vehicles, which will then run away with … [Read more...]
Used car sales booming as new regs slow
The UK’s used car market rose by 6.5% in the first quarter of 2024 with 1,967,923 units finding new owners – the strongest start to a year since pre-pandemic 2019, according to the Society of Motor Manufacturers and Traders. Earlier this week, the car makers' body in Britain reported a dramatic slowdown in new car sales, particularly among retail buyers. The increase marks 16 months of … [Read more...]
Wales must “future-proof” transport, says independent report
Wales needs a future-proof transport system to face up to the realities of climate change, but ambitious policies have yet to be matched in the scale and pace of delivery, reports the Institute of Welsh Affairs. A new report from the IWA says that Welsh Government is faced with a complex set of challenges, including encouraging take-up of electric vehicles and charging infrastructure, … [Read more...]
Company car drivers need convincing of EV benefits
It's becoming a grind convincing company car drivers to switch to electric models, admits Paul Hollick, chairman of the Association of Fleet Professionals. Pushing back against “scare stories” about electric vehicles (EVs) is becoming a key task for fleet managers, he said and pointed to a flood of misinformation appearing in both traditional and social media. “Sadly, it seems to have become … [Read more...]
EV prices are stabilising after steep fall
Falling electric vehicle values are stabilising once they reach price parity with their internal combustion engine equivalents, March’s meeting of the Vehicle Remarketing Association was told. Andy Shields, global business unit director, of Indicata, presented data for a variety of EVs that showed this trend, following on from the dramatic price falls seen in 2023. “This effect appears to have … [Read more...]
Tradelines 27 March
Nissan will launch 14 new petrol engined models to meet demand where electrification is not in great demand, it said announcing its business plan for the the next three years. Nissan revealed a new broad-based product offensive in the next three years, including thirty new models of which 16 would be electrified, plus 14 new internal combustion engine models to “meet the diversified customer … [Read more...]
Fleet professionals calling the shots
Details have been confirmed for this year’s annual conference from the Association of Fleet Professionals, with the main themes chosen by members. Taking place at The British Motor Museum, Gaydon, on Wednesday 15 May, it is expected to attract around 250 members and is sponsored by Enterprise Mobility. Subjects covered have been nominated by AFP fleet managers and include new manufacturer … [Read more...]
Young drivers hit by automatically bigger premiums
The cost of car insurance for young drivers has jumped by £644 on average in the past year, according to new Young Drivers research from Compare the Market. Car insurance premiums for motorists aged under 25 have reached £2,009 in January 2024, compared to £1,365 in the same month last year. Car insurance now represents 66% of the total car running costs for young drivers. Young drivers are … [Read more...]
Car makers Budget plan to overcome stalling EV sales
The automotive industry is calling for the Chancellor to use this week's Budget to put the UK’s shift to electric vehicles back in the fast lane. Research commissioned by the Society of Motor Manufacturers and Traders from Savanta has revealed that rising numbers of would-be EV drivers are now likely to delay their switch to a battery electric car – but a three-point plan of tax reform would … [Read more...]
Reselling rates for EVs close to petrol and diesel models
Disposal conversion rates for electric vehicles were very close to their petrol and diesel equivalents over the course of 2023 and beat plug-in hybrids, reports epyx. In total, 91% of EVs found buyers when made available through trade sales to dealers, compared to 94% for petrol and diesel, and 87% for PHEVs. However, EVs did sell more slowly - at an average of 12.5 days compared to around 7-8 … [Read more...]
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