KGM Motors UK says all 80 dealerships will showcase the brand’s new corporate identity by mid-2024. KGM Motors UK confirmed its name change from SsangYong Motors UK to KGM Motors on 19 December supporting KGM Global with its brand purpose and future strategy following its own transition from SsangYong Motor Company. Honda today unveiled the “Honda 0 Series,” a new EV series it will launch … [Read more...]
EVs being priced out of reach for many, says analysis
The cost-of-living crisis is causing a drop in demand for electric vehicles as these cars are typically more expensive than petrol equivalents, according to Compare the Market comparison site. Sales of new electric cars have declined by 17.1% year-on-year in November according to figures from the Society of Motor Manufacturers and Traders. Upcoming tax increases may also make … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached 66,761, a rise of nearly 16% over 2022 and … [Read more...]
Buying into greener habits, maybe a model attraction
Britain's best eco-warriors on the roads have been revealed in a survey for Auto Trader, and there are a few surprises. Their survey has also shown up the least green owners. Top 5 Drivers With The Best Eco-habits Lexus Drivers: Lexus drivers are crowned the drivers with the best eco-habits, thanks to their pioneering behavior in reducing road congestion and emissions, with an impressive 63% … [Read more...]
Gamechanger in ev charging coming down the line
The owners of Asda have bought the Tesla charger network and are preparing for a rapid extension for all plug-in hybrid and battery cars. As the UK is likely to reach a million BEVs next February according to Cap HPI, the Asda move is very significant. Asda owner, the EG Group run by brothers Mohsin and Zuber Issa, said in a statement that the Tesla Superchargers will be branded evpoint and … [Read more...]
Tradelines 8 November
Almost a quarter of fleets (23%) say they expect to lengthen their company car lease contracts because of growth in home working, according to new research. The 2023 Arval Mobility Observatory Barometer found that the move towards contract extensions is more pronounced among larger companies with more than 1,000 employees (38%) compared to the smallest with fewer than 10 (24%). Fleets and … [Read more...]
Newslines 20 October
Car wash brand IMO has selected national charging network Be.EV to install and maintain chargers across several of their sites, beginning with Cwmbran. It will also open in Yorkshire and the North East as it rolls out a programme to provide top up charging at washing centres. Road and congestion charging in Wales is being considered by the Labour-run Welsh Government, claim Conservatives in … [Read more...]
Welsh new car sales leap over 26%
The new car market grew 24.4% in August with 85,657 new vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders. While August is typically a quieter month with many buyers choosing to wait until the September numberplate change, an increase of 16,799 units means the sector is now entering a second year of growth. Despite this improved performance, … [Read more...]
Tradelines 16 August
Octopus Energy's EV roaming service, Electroverse, has skyrocketed in uptake to over half a million EV charge points. With over 20% growth this year alone, the 'one card, one app' model has become one of the world's largest virtual charging platforms, providing drivers access to over 470 charge point brands in 40 countries. Almost a third of fleets (31%) have been hit by semiconductor shortages … [Read more...]
Wales car sales soar by nearly a quarter in July
New car registrations in Wales shot up 23.8% despite the atrocious July weather, according to the Society of Motor Manufacturers and Traders. It was the same rise as in Northern Ireland but slightly trailed the growth in England of 29.5% and was ahead of Scotland’s 21.6%. New car sales in Wales reached 4,955 registrations last month and the UK totalled 143,561. So far this year, Welsh dealers … [Read more...]
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