Electric vehicles rise in popularity while demand for petrol and diesel cars plummets
EVs were the only ray of light for car dealerships at the start of 2021 as petrol and diesel sales plummeted, according to the latest official figures.
Just...
Volkswagen issues €2 billion in Green Bonds
Volkswagen Group has successfully placed €2 billion Green Bonds into the market for the first time. These bonds, which have been certified by the Climate Bonds Initiative,...
Car sales in July offer hope to the automotive industry: EVs booming
After months of closed car showrooms and mass uncertainty hanging over the automotive industry, the first full month saw 175,000 new registrations across the UK — an...
Toyota has now sold three million hybrid electric vehicles in Europe
Toyota recently announced that it reached three million sales of hybrid electric vehicles across Europe. The landmark car was a British-built Corolla GR Sport hybrid, bought by...
Tesla becomes world’s most valuable carmaker surpassing Toyota
Tesla, the American electric vehicle manufacturer, has become the world's most valuable carmaker as its TSLA share price rose to over $1,135. It now has a market...
Ford and VW agree to build EVs, commercial and autonomous vehicles together
Ford Motor Company and Volkswagen AG today signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in Europe and other...
Volkswagen increases its e-mobility presence in China
Volkswagen has today shared its plans to increase its e-mobility activities in China. The German automaker has decided to increase its stake in JAC Volkswagen to 75%...
Kia outlines its EV plans for 2020 and beyond
Following record sales of the brand’s electric vehicles in Europe in the first quarter of 2020, Kia Motors has outlined its plans for the EV market, as...
New UK car registrations down 97% in April
UK new car registrations declined -97.3% in April, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). This marked a record low...
Will Tesla suffer as China cuts its electric vehicle subsidies?
Updated 01 May 2020: Tesla has since cut the price of its Model 3 to ¥271,550 (~£30,700), down from ¥328,000 (~£36,800).
Over the past few years, all-electric and...