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...]
Green motoring costs 10-times estimates
The real cost of a green transport policy is up to ten times initial estimates according to the latest analysis. The Euro 7 proposal on pollutant emissions would lead to direct cost increases that are 4 to 10 times higher than those cited by the European Commission, according to a new study. The proposed Euro 7 regulation will increase the manufacturing costs of cars, vans, trucks, and buses. … [Read more...]
Expensive EVs deter Brits buying them
Britons are being put off choosing electric cars because they a simply too expensive, a survey shows. Select Car Leasing took the average price of a standard Renault Zoe EV in Europe and how much it was a percentage of the average salary with some surprising results. In Britain it was equivalent to 84% of salary and put the country in 13thplace in the countries’ league. Switzerland was way out … [Read more...]