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Fuel duty revenue plummets during lockdown

Fuel duty revenue plummets during lockdown

The coronavirus lockdown left a gaping £2.4bn hole in the treasury’s income from fuel duty in April and May, compared with last year.
Published 28 July 2020
Tesla makes first full year of profit

Tesla makes first full year profit

Electric car maker Tesla has turned a profit for the fourth quarter in a row, completing its first full year of profit since it was founded.
Published 23 July 2020
German motorists can lease Renault Zoe for free

German motorists 'can lease Renault Zoe for free'

German motorists are able to lease an electric car for two years for free, thanks to a generous government grant.
Published 20 July 2020
Lotus boss Phil Popham interview with Will Dron: Evija hypercar back on track as company expands after lockdown - Evija hypercar

Lotus boss: Evija hypercar back on track

Lotus CEO Phil Popham talks about how his company has weathered lockdown, its electric future, the Evija hypercar and SUVs.
Published 17 July 2020
New car registrations down 35% in June

Diesel car sales down as electric sales surge

Nearly 250,000 private car sales have been lost because of the coronavirus pandemic, as the registrations of new cars fell 34.9% in June.
Published 06 July 2020
BMW could offer heated seats and cruise control on subscription

BMW could offer heated seats on subscription

BMW is exploring the idea of subscription-based vehicle options such as heated seats, cruise control and sports suspension.
Published 03 July 2020
Tesla is the world’s most valuable car company

Tesla is the world’s most valuable car company

Tesla is officially the most valuable car manufacturer in the world after its market value overtook that of Toyota.
Published 02 July 2020
Rumoured scrappage scheme will not go ahead

Car scrappage scheme rejected by ministers

A scrappage scheme expected by many to be announced this month has been rejected by ministers.
Published 02 July 2020
McLaren suing creditors as it faces insolvency

McLaren 'suing creditors as it faces insolvency'

Further details of McLaren’s urgent financial issues are emerging, with reports saying that the British marque is suing its creditors.
Published 24 June 2020
Transition to electric cars could be worth £24bn, says report

Electric cars could boost UK economy by £24bn

New government-backed research has found that a switch to electric vehicles could inject a much-needed £24bn into the nation’s economy.
Published 22 June 2020
Toyota partners with Chinese companies to produce hydrogen fuel cell

Toyota doubles down on hydrogen

Toyota is intensifying its efforts to make hydrogen powered vehicles a commercial viability by starting a venture with five Chinese companies.
Published 09 June 2020
Government considers £6000 scrappage scheme for electric car buyers

Scrappage scheme to stimulate EV buying

The UK government is reportedly considering offering electric car buyers a £6,000 discount as part of a scrappage scheme.
Published 08 June 2020