Delay EU tariffs to help sales of electric cars, says UK car industry

Brexit trade deal gave UK and EU carmakers until 1 January 2024 to source batteries from within Europe or face 10% tariffs

The UK car industry has said incoming tariffs between the UK and the EU could raise the price of imported electric cars by as much as £3,400 unless a solution is found by the end of the year.

The Brexit trade deal between the UK and EU gave carmakers until 1 January 2024 to source batteries from within Europe or face 10% tariffs when exporting to each other. However, the supply of European-made batteries has failed to meet demand, meaning carmakers face the new tariffs from next year under these “rules of origin”.

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Most new cars sold in UK will have to be fully electric by 2030, government confirms

Green campaigners relieved after last week’s decision to delay ban on petrol and diesel cars

The government has confirmed the majority of new cars sold in Britain will have to be electric by 2030 despite Rishi Sunak’s decision last week to delay a ban on petrol and diesel cars by five years.

Under the long-awaited zero emissions vehicle (ZEV) mandate, 80% of sales must be fully electric, or another alternative, within seven years. Carmakers would have to pay £15,000 for each petrol or diesel engine above that threshold, the Department for Transport said on Thursday.

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Carmakers call on EU to delay 10% tariff on electric vehicle exports

Manufacturers expect levy agreed in Brexit deal to hand chunk of market to global firms, including China

Car giants including Renault, BMW and Mercedes-Benz have called on EU leaders to “act now” and delay plans for a 10% tariff on electric car exports from Europe.

Renault’s chief, Luca de Meo, led the calls, saying that if the EU did not take action then policymakers would simply be “handing a chunk of the market to global manufacturers” including Chinese companies, which are making significant inroads.

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Rishi Sunak announces U-turn on key green targets

UK prime minister delays ban on sale of new petrol and diesel cars as he pushes back net zero goals

Rishi Sunak has announced a major U-turn on the government’s climate commitments as he promised to put his party on a more radical path in an attempt to close the gap with Labour before the next general election.

In one of his biggest policy changes since taking office, Sunak confirmed the UK would push back the deadline for selling new petrol and diesel cars and the phasing out of gas boilers, prompting furious condemnation from the automobile and energy industries.

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Germany backs tariff delay on electric vehicle sales between UK and EU

Manufacturers face 10% levies under post-Brexit trade deal but German government supports postponement

Carmakers could be in line for a reprieve after it emerged that Germany is backing calls to postpone tariffs on electric vehicle sales between the UK and the EU.

Manufacturers in the UK and on the continent face the prospect of 10% levies on new electric vehicles that cross the Channel from January under the post-Brexit trade deal agreed between Britain and the bloc in 2020.

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EU diplomats hope Horizon deal could be first of many with UK

UK’s return to science programme raises hope of more deals, including suspension of planned EV tariffs

A dramatic thaw in relations between Britain and the EU has raised hopes that the Horizon science deal could be the first of many breakthroughs, diplomats in Brussels have said.

They claimed the British prime minister, Rishi Sunak, and the European Commission president, Ursula von der Leyen, had a close relationship that was in stark contrast to the hostility EU officials faced from Boris Johnson and Liz Truss.

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China’s share of Europe’s electric car market accelerates as UK leads sales

Chinese-owned MG’s MG4 is Britain’s bestselling EV after Tesla’s Model Y in first seven months of year

China’s share of the European electric car market has more than doubled in less than two years as the world’s second largest economy tries to take the lead in the transition away from petrol and diesel cars.

The UK is the largest market in Europe for Chinese electric car brands, accounting for almost a third of sales in 2023 so far, according to data from Schmidt Automotive Research on the 18 largest European car markets. About 5% of all new car sales in the UK were from Chinese brands in the first seven months of 2023, a market share second only to Sweden.

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Hundreds more rapid charging points installed in UK to help drivers go electric

Fast charging stations that allow for longer journeys are being added in regions beyond London

Charging companies are plugging the gaps in the UK’s high-speed charger network, with hundreds added this year outside London in a shift that will help end the “range anxiety” that holds back some would-be electric car buyers.

The capital and the south-east still have far more chargers of all speeds – ranging from slow to rapid and ultra-rapid – than the rest of the country. But the presence of high-speed chargers, generally used for quick recharging on longer journeys, is increasing in other regions as electric car sales surge.

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Europe hits roadblocks in the race to switch to electric cars

Despite progress towards a 2045 zero-emission goal, the high price of EVs has created a headache for governments

European countries are struggling to persuade people to switch from combustion engine cars to electric ones, experts warn.

Europe sells 10 times more electric cars today than it did just six years ago, according to the International Energy Agency, but its fleet is cleaning up too slowly to meet its climate goals. Governments across the continent are struggling with the price-tag of electric vehicles, which can cost several thousand euros more upfront than comparable ones that burn fossil fuels.

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Lotus produces record 2,200 sports cars in first half of 2023

British carmaker also gearing up for sales of new Eletre electric SUV under Chinese owner Geely’s expansion plans

The British carmaker Lotus produced a record number of sports cars in the first half of 2023, as it gears up for a huge push behind sales of a new electric SUV under its Chinese owners’ expansion plans.

Lotus, which marked its 75th anniversary this year, produced 2,200 vehicles in the first six months of the year at its factory in a former second world war bomber factory at Hethel in Norfolk.

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Kemi Badenoch casts doubt on electric car targets over job loss fears

Mandate for carmakers to sell increasing number of zero-emissions vehicles could be weakened, business secretary hints

Kemi Badenoch has suggested electric vehicle mandates could hamper investment in Britain and lead to job losses, in a sign that another of the government’s green pledges is in doubt.

The business secretary was discussing the automotive industry’s concerns about a rule to be introduced in January that will require manufacturers to ensure at least 22% of new sales in the UK are of emissions-free models, rising each year to reach 80% by 2030.

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Tesla beats Wall Street expectations to produce record number of vehicles

Report comes amid concerns Elon Musk, who owns SpaceX, Neuralink and Twitter, is spread too thin

Tesla narrowly beat Wall Street expectations in the second quarter of 2023, but shares began to fall in after hours trading following an earnings call that offered shareholders little reassurance surrounding Tesla’s promised Cybertruck release and other production concerns.

Revenue for the quarter topped $24.97bn compared to analyst predictions of $24.7 bn.

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In America’s ‘Voltage Valley’, hopes of car-making revival turn sour

EV manufacturer Lordstown Motors, lauded by Trump in 2020, has gone bankrupt – what now for the once-proud auto-making region?

When Lordstown Motors, an electric vehicles (EV) manufacturer in Ohio’s Mahoning Valley, declared bankruptcy last month, it was the latest blow to a region that has seen decades of extravagant promises fail to deliver.

The 5,000 new jobs executives vowed to create in 2020 generated fresh hope for the shuttered General Motors Lordstown plant, which once functioned as an economic engine for the area and a critical piece of the nation’s industrial heartland.

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EU softens China strategy by adopting ‘de-risking’ approach

Decision agreed quickly at Brussels summit of leaders as bloc highlights vulnerability of supply chains

EU leaders have launched a policy towards China of “de-risking”, a softening of its unofficial “decoupling” approach that reflects concerns over the economic damage of cutting off the world’s second-biggest economy or entering a trade war with it.

The decision was agreed quickly at a summit of leaders in Brussels after the European Commission chief, Ursula von der Leyen, went into the summit with consensus among the 27 member states.

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Aston Martin agrees deal to make electric vehicles with US firm Lucid

British carmaker to use components from Lucid to produce luxury high-performance battery electric models

Aston Martin has struck a deal with the US firm Lucid to start making “ultra-luxury high-performance electric vehicles” from 2025.

The British luxury carmaker, whose losses more than doubled last year to almost £500m, has struck a cash and shares deal valued at £182m in which Lucid will take a 3.7% stake in London-listed Aston Martin.

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Firm owned by Britishvolt buyer raided by Australian authorities

Future of UK battery making thrown further into doubt after company founded by David Collard was visited by federal police

A company owned by the buyer of Britishvolt has been raided by the Australian authorities, throwing the future of UK battery-making further into doubt.

Britishvolt, based in Blyth, Northumberland, and which the UK government lauded for its potential role in British battery production and UK-built electric vehicles before it fell into administration, was bought by the Australian entrepreneur David Collard earlier this year.

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Twitter and Tesla’s interests at odds in Elon Musk’s quiet China visit

The world’s richest person lapsed into an unusual silence on social media during his trip to the electric carmaker’s second largest market

Followers of Elon Musk didn’t know what to expect from his trip to China. Would he speak about Tesla, a company with a large market and manufacturing footprint there? Or SpaceX, with its symbiotic relationship with the American state? Or even Twitter, the social network he bought because “free speech is the bedrock of a functioning democracy”?

The one thing no one expected: silence.

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Jeep maker Stellantis demands billions to keep battery plant in Canada

World’s fourth biggest carmaker threatens to move production to US unless government matches incentives offered to Volkswagen

Jeep maker Stellantis has threatened to shift a planned battery plant from Canada to the US unless it receives billions more in state subsidies offered to a rival, in the latest manoeuvre by a big manufacturer in the international battle over green incentives.

It comes as the world’s fourth biggest carmaker, which also produces Vauxhall/Opel, Fiat, Citroën, Peugeot, DS, Alfa Romeo, Maserati and Abarth vehicles, leads a campaign in Europe for the UK and EU to renegotiate tariff rules in the Brexit deal.

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Majority of Australians keen to switch from gas to electric to lower emissions, survey finds

Poll also revealed 65% of drivers expect to be buying a hybrid or electric vehicle if they upgrade in the next 10 years

The majority of Australians feel positive about switching off the gas and turning to cleaner energy options, with environmental reasons one of the biggest drivers behind the shift, according to new research by the Australia Institute and research firm SEC Newgate.

In a poll about electrification, 55% felt positively about electrifying more homes, with 59% mentioning environmental reasons as a main driver of their opinion and 18% pointing to the potential for cheaper electricity bills.

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Biden team to propose strict vehicle pollution limits to boost EV sales

Proposal expected to be unveiled on Wednesday would require at least 54% of new vehicles sold in US to be electric by 2030

The Biden administration will propose strict new automobile pollution limits requiring that all-electric vehicles account for as many as two of every three new vehicles sold in the US by 2032 in a plan that would transform the US auto industry.

Under the proposed regulation, expected to be released by the Environmental Protection Agency (EPA) on Wednesday, greenhouse gas emissions for the 2027 through 2032 model years for passenger vehicles would be limited to even stricter levels than the auto industry agreed to in 2021.

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