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Electric vehicles

Labour confirms plans to overhaul UK electric vehicle mandate as minister admits targets ‘not working’

The UK's electric vehicle plans are not working as intended, Business Secretary Jonathan Reynolds admitted at an annual meeting on Tuesday night. Speaking to...

Electric vehicle industry on knife edge amid warning of £6billion loss and ‘jobs on the line’

The automotive industry is calling for direct support from the Government amid fears manufacturers could be hit with an enormous £6billion bill to meet...

Motorists set to see car costs skyrocket in January amid Ofgem announcement impacting millions

Electric car owners have been warned they face increased charging costs from January 1 until March 31, 2025, after the UK energy regulator increased...

Swedish battery champion Northvolt facing financial meltdown as CEO resigns

Sweden’s financially-strained electric car battery maker Northvolt announced Friday the resignation of its CEO Peter Carlsson, hours after the company sought bankruptcy protection in...

Bosch gives employees unwanted 4-day week as German economy sputters

German car supplying giant Robert Bosch has become the latest company in the country to feel the strain of Germany’s waning economy, announcing hundreds...

Labour urged to stick with electric car rollout despite ‘market failure’ in switching away from petrol and diesel

Experts from across the UK have urged the Transport Secretary to stick to the zero-emission vehicle mandate after agreeing to allow certain “flexibilities” for...

Ford Plans Job Cuts Amid EV Slide

The transition to electric vehicles in Europe is continuing to lose traction with the news that Ford will look to eliminate another 4,000 positions...

Jaguar slammed as drivers rage ‘awful’ new design has ‘killed the brand’ – ‘Woke nonsense!’

Jaguar has been met with mixed reviews of its new brand after unveiling a new, colourful design in a complete step change to its...

Elon Musk’s net worth rockets to over $300 billion as Trump win fuels optimism for Tesla and SpaceX

The world’s richest man keeps getting richer. Elon Musk’s net worth has hit a major milestone, surpassing $300 billion for the first time in...

Tesla shares soar 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

NEW YORK -- Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from...

Chinese EV maker BYD’s quarterly sales overtook Tesla’s for the first time

New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024.Yves...

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