By working together, stakeholders can create a supportive ecosystem that encourages EV adoption and contributes to the country’s net zero goals. Looking ahead Britain’s progress towards a green energy transition is currently falling behind its European counterparts in some aspects. However, both ...
The UK new car market declined again in October, with registrations falling by -1.6% year on year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The industry recorded 140,945 new registrations last month, making it the weakest October...
The Coalition originally published its advisory on 12 October 2023. This update provides stakeholders with new recommendations on meeting international obligations, enhancing due diligence around tanker sales, avoiding interactions with sanctioned counterparties, and raising internal awareness. ...
U.S. military intelligence reports that the EU was told that Ukraine was falling and the U.S. will not send troops and that European soldiers will not fight or head into Russia. THE PANDEMIC BILL The Sunak regime has confirmed a commitment to “legally-binding” agreement which will surren...
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Rise Fund and Hitachi Capital U.K. Plc. There are about 12 million passenger EVs on the road globally, according to BloombergNEF. With governments under pressure to reduce emissions and with battery prices falling, annual EV sales are expected to increase from 3.1 million units in 2020 to 14...
Falling Dollar Hits UK ProfitsByline: By Brian Tora
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easing Wednesday, 1 January, 2025 Inside Politics Fresh wiring may finally power up English devolution New mayoral planning abilities could drive growth but cause political pain — while funding remains ...
TheOBRsaid EV sales had “repeatedly exceeded our expectations” but that “steep sales growth of the past years, boosted by [usually high-income] early adopters, is expected to slow”. The forecaster added that the government’s decision to delay the ban on new petrol cars from 2030 to 20...
Although the share of new cars that were electric fell last year, government mandates to increase EV sales every year mean that they will comprise 43 per cent of automobiles on UK roads by 2035, according to FT calculations. The impending drop-off in fuel duty receipts adds to the list of...