Xpeng is the Chinese electric vehicle manufacturer most likely to succeed in the UK market, named by 36% of dealers in new research. It is followed by Omoda (34%), BYD (31%), Lynk & Co (24%) and Nio (24%), according to June’s Startline Used Car Tracker. Other new entrants named by dealers include Jaecoo (19%), GWM ORA (17%), Zeekr (12%) and HiPhi (5%). Paul Burgess, CEO at Startline … [Read more...]
Tradelines 20 September
The British Government should incentivise EV private car purchases, say the car-makers. The Society of Motor Manufacturers and Traders said the ev market has moved from the early adopter phase with 16% of new registrations but more incentives were needed to push towards the zero emissions target of the Government. A petition in Wales calling for this week's 20mph urban speed limit to be repealed … [Read more...]
Newslines 2 November
Aston Martin expect to sell 10,000 cars, generate £2 billion in revenue and post £500m in pre-tax earnings by 2024/2025 and it anticipates that volumes will increase significantly from Q4 of 2022 helped by orders from the Welsh-made DBX707. The optimistic forecast comes after the three months to the end of September, showed Aston sold 1384 cars – up 3% on the same quarter last year – and … [Read more...]