Category Archives: Electric, hybrid and low-emission cars

Ministers may siphon off stalled £950m fund for motorway chargers

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Talks to take place with operators about the scheme, announced in 2020, which has failed to make any grants

Ministers are considering diverting money from a £950m scheme to install rapid chargers for electric cars on the UK’s motorways, announced five years ago, after it failed to make a single grant.

Much of the cash allocated to the rapid charging fund (RCF) could be redirected to investments in other charging schemes, or to support the transition to electric vehicles more broadly, although decisions have yet to be made, according to a person close to discussions in government.

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Chinese EV maker BYD says fast-charging system could be as quick as filling up a tank

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BYD unveils platform with charging power of 1,000 kW, which would be twice as fast as Tesla’s supercharging

The Chinese electric vehicle maker BYD has unveiled a new charging system that it said could make it possible for EVs to charge as quickly as it takes to refill with petrol.

BYD’s Hong Kong-listed shares gained 4.1% on Tuesday to hit a record high of 408.80 Hong Kong dollars, as investors bet that the company could strengthen its already commanding position as one of the world’s biggest electric carmakers.

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‘Patchy and behind deadline’: MPs attack UK rollout of EV charging points

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Committee warns of serious injustice to disabled motorists and those reliant on public chargers

The rollout of electric vehicle chargers across Britain is “patchy”, behind deadline and ignores the needs of disabled drivers, the parliamentary spending watchdog has found.

A report published by the public accounts committee (PAC) warned that the charging points needed to give drivers confidence for the switch to EVs were still lacking, particularly on Britain’s biggest roads.

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Tesla’s UK sales rise despite threat of backlash over Musk’s political role

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Sales of battery-powered cars jumped in February, with Model 3 and Model Y most popular after Mini Cooper

Sales of Teslas in the UK rose by more than a fifth last month as demand for battery-powered cars increased, despite the prospect of a buyer backlash over Elon Musk’s controversial and divisive behaviour since becoming a key figure in Donald Trump’s administration.

Almost 4,000 Teslas were sold in the UK in February, with the Model 3 and Model Y proving the second and third most popular after the Mini Cooper, according to the latest new car registration figures from the Society of Motor Manufacturers and Traders (SMMT).

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‘Homegrown’ Swedish battery startup admits importing vital components

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Northvolt, which claims to run Europe’s first homegrown gigafactory, admits it depends on Chinese suppliers for cathode active material

The Swedish startup Northvolt has admitted that a vital component of its batteries is imported amid claims that the company, which claims to run Europe’s first homegrown gigafactory, depends on Chinese suppliers.

It comes as a documentary programme to be shown in Sweden on Wednesday by the national broadcaster SVT, exposes the company’s failure to build a truly homegrown battery after its attempts to produce its own cathode active material at its Northvolt Ett factory in Skellefteå, northern Sweden, were unsuccessful.

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Troubled electric vehicle maker Nikola files for bankruptcy protection

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After becoming embroiled in scandal, formerly hot startup and Wall Street star had said it would likely run out of cash

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.

Nikola was a hot startup and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona company’s technology.

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Protesters target Tesla showrooms in US over Elon Musk’s government cost-cutting

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Demonstrations across the US against tycoon’s ties to Trump highlight potential risks to firm’s reputation and sales

Protesters gathered outside Tesla dealerships across the US on Saturday in response to Elon Musk’s efforts to shred government spending under the president, Donald Trump.

Groups of demonstrators up to 100-strong gathered outside the electric carmaker’s showrooms in cities including New York, Seattle, Kansas City and across California. Organisers said the protests took place in dozens of locations.

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Nissan and Honda end $60bn merger talks

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Both Japanese carmakers say they will continue to cooperate on electric vehicle technology

Japan’s Nissan and Honda have said that their boards have voted to end talks over a merger that would have created a $60bn (£48bn) auto group, but added that both companies would continue to cooperate in electric vehicles.

A merger would have spawned the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai.

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Trump administration suspends $5bn electric vehicle charging program

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Highway agency ordered states to no longer spend funds allocated under Biden’s EV charging station program

The Trump administration has ordered US states to suspend a $5bn electric vehicle charging station program in a further blow to the environmental movement since the president’s return to the White House.

In a memo issued on Thursday to state transportation directors, the transportation department’s Federal Highway Administration (FHWA) ordered states not to spend any funds allocated to them under the Biden administration as part of the national electric vehicle infrastructure (NEVI) program.

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How Trump tariffs could upend car markets in Europe, the US and China

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Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales – and Tesla could gain

The internal combustion engine appears to hold a special place in Donald Trump’s psyche. During his inauguration speech last week, he made a “sacred pledge” to raise US car production to “a rate that nobody could have dreamt possible just a few years ago”.

Car making and the oil industry – not AI, computer chips, or even cryptocurrencies – were the only two industries the new US president highlighted as he promised to make America a “manufacturing nation once again”.

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Tesla takes EU to court over tariffs on EVs made in China

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Elon Musk’s company still imports large number of cars into Europe from its Shanghai factory

Tesla has filed a complaint against the European Commission after the imposition of tariffs by the bloc on its Chinese-made electric vehicles.

The EU announced its decision to impose tariffs on all imports of Chinese electric cars in June, alleging that the Chinese government had provided unfair state subsidies to manufacturers in order to win a dominant position in the emerging industry. EU leaders approved the tariffs in October.

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UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body

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Electric Vehicles UK says hybrids without a plug should be banned or else confidence in electric cars will be damaged

Britain needs to press ahead with a ban on the sale of new hybrid cars with no plug from 2030 or risk taking “a catastrophic misstep” on the road to net zero, ministers have been warned.

Cars such as the Toyota Prius, which charge a battery from an internal combustion engine, need to be excluded from the list of vehicles sold in the UK from 2030 or there will be a “profound” fall in confidence in the government’s commitment to electric motoring, according to the representative body Electric Vehicles UK (EVUK).

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Can flood of cheap new EVs coming to Europe save its carmakers?

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Analysts argue 2024 is minor blip and that lobbying for relaxation of rules could harm industry in long term

Affordable new electric family cars – particularly those that are EU-made – have been tough to come by in Europe for the past few years. There were no launches of homegrown electric models for less than €25,000 (£20,740) across the EU during 2022 and 2023, according to the campaign group Transport & Environment.

Yet in the past few months that has changed, with a rush of new cars ranging from the Fiat Grande Panda to the Citroën ë-C3, the Hyundai Inster to the latest Dacia Spring and the Renault 5. Suddenly, buyers have options.

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China’s share of global electric car market rises to 76%

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Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs

China’s share of the global electric vehicle market reached 76% in October, the country’s automotive trade body said, reflecting strong demand for EVs in the country even as western tariffs risk hobbling exports.

Between January and October, sales of EVs reached 14.1m units, according to the China Passenger Car Association, with 69% of those sales in China. In October, China’s share surpassed three-quarters.

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Cheaper loans on table to urge UK motorists to EVs, plus cuts in fines for firms

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Business secretary Jonathan Reynolds says there is ‘no route to net zero’ that ignores concerns of businesses after wave of closures

• Jonathan Reynolds: If we delay the UK’s drive for electric vehicles, our rivals will overtake us

There is “no route to net zero” that ignores the real concerns of businesses, a cabinet minister has warned, as the government prepares to reduce financial penalties handed to carmakers not selling enough electric cars.

Ministers are also looking at how cheaper loans could be introduced to help people buy an electric vehicle (EV), after a wave of job losses and closures in which carmakers blamed the onerous fines they were facing.

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Claws are out as Jaguar heads down EV rebrand road

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A new electric model will be unveiled this week. Will it turn round the culture war embroiling the marque?

When German manufacturer BMW took over the Mini brand and launched the Mini Cooper in 2001, some people were outraged. Drivers with previous models even slapped on bumper stickers reading “this is a real Mini”. The BBC reported that executives insisted the car “is not a small BMW”.

The storm died down, and Mini has gone on to sell more cars each year (about 300,000) than ever before, many of them emblazoned with union jack tail-lights – whatever the ownership of the factory.

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Stellantis reports slump in car sales as European demand falls

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Owner of Fiat, Chrysler and Peugeot brands pushes back against rules that force sale of more electric vehicles

The owner of car brands including Fiat, Chrysler and Peugeot has reported a steep fall in sales, blaming production delays and flagging European demand.

Stellantis reported revenues on Thursday of €33bn (£27.6bn) for the July to September quarter, a drop of 27% compared with the same period a year earlier.

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Project to build German EV microchip factory put on hold

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US firm Wolfspeed and German car parts supplier ZF postpone plans over doubts about viability

A project to build a €3bn factory making microchips for electric vehicles once hailed as part of a “return of the industrial revolution” in Germany has been put on hold, as the crisis in the country’s hi-tech manufacturing industry deepens.

The US company Wolfspeed and the German car parts supplier ZF have postponed plans to build an EV chip factory, adding to problems caused by a delay to two large-scale factories belonging to the US chip giant Intel and possible factory closures being considered by Volkswagen.

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Vauxhall owner to make decision on future of UK plants ‘in next few weeks’

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Stellantis chief says company is nearing decision on Ellesmere Port and Luton amid row over EV quotas

The owner of the Vauxhall, Citroën and Peugeot brands has said a decision will be made on the future of its UK plants “in the next few weeks”, amid a row over government electric vehicle quotas.

Carlos Tavares, the outgoing chief executive of Stellantis, has said the company is nearing a decision on the future of Ellesmere Port and Luton.

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Rio Tinto to buy US lithium producer Arcadium in $6.7bn deal

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Acquisition by Anglo-Australian miner comes despite global headwinds in electric car market

Rio Tinto is to buy the US company Arcadium Lithium for $6.7bn (£5.1bn), in a huge bet on the energy transition despite global headwinds in the electric car market.

The Anglo-Australian metals and mining company said it would pay $5.85 a share for the US-based lithium miner. That represents an almost 90% premium to Arcadium’s closing price of $3.08 a share on 3 October, the day before news of a potential deal emerged.

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