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

Tesla Model 3 vehicles at the carmaker’s factory in Shanghai, China. Photograph: Aly Song/Reuters View image in fullscreen Tesla Model 3 vehicles at the carmaker’s factory in Shanghai, China. Photograph: Aly Song/Reuters Tesla takes EU to court over tariffs on EVs made in China Elon Musk’s company still imports large number of cars into Europe… Continue reading Tesla takes EU to court over tariffs on EVs made in China

Rachel Reeves denies Labour hindering consumer interests in motor finance commission scandal

Lobby groups have warned that huge payouts to borrowers harmed in the motor finance commission scandal could force some lenders to shut up shop. Photograph: Jacob King/PA View image in fullscreen Lobby groups have warned that huge payouts to borrowers harmed in the motor finance commission scandal could force some lenders to shut up shop.… Continue reading Rachel Reeves denies Labour hindering consumer interests in motor finance commission scandal

Reeves bids to intervene in car finance case that could cut lenders’ £30bn bill

The Treasury is concerned that the car finance case could make loans harder to get and more expensive. Photograph: Findlay/Alamy View image in fullscreen The Treasury is concerned that the car finance case could make loans harder to get and more expensive. Photograph: Findlay/Alamy Reeves bids to intervene in car finance case that could cut… Continue reading Reeves bids to intervene in car finance case that could cut lenders’ £30bn bill

Trump revokes Biden order that had set 50% electric vehicles target for 2030

Biden’s 2021 executive order aimed at making half of all new vehicles sold in 2030 electric. Photograph: Richard Vogel/AP View image in fullscreen Biden’s 2021 executive order aimed at making half of all new vehicles sold in 2030 electric. Photograph: Richard Vogel/AP Trump revokes Biden order that had set 50% electric vehicles target for 2030… Continue reading Trump revokes Biden order that had set 50% electric vehicles target for 2030

UK charging firm warns over changes to electric car sales amid ‘difficult’ market

Pod Point said a ‘weaker-than-expected private EV market’ hit its sales of home chargers. Photograph: Cavan Images/Alamy View image in fullscreen Pod Point said a ‘weaker-than-expected private EV market’ hit its sales of home chargers. Photograph: Cavan Images/Alamy UK charging firm warns over changes to electric car sales amid ‘difficult’ market Pod Point reports weak… Continue reading UK charging firm warns over changes to electric car sales amid ‘difficult’ market

All carmakers in UK to escape fines for missing electric car sales targets in 2024

Brands including Volkswagen, Ford and Toyota will use a vehicle credits scheme to avoid any potential fines from the government. Photograph: Danny Lawson/PA View image in fullscreen Brands including Volkswagen, Ford and Toyota will use a vehicle credits scheme to avoid any potential fines from the government. Photograph: Danny Lawson/PA All carmakers in UK to… Continue reading All carmakers in UK to escape fines for missing electric car sales targets in 2024

Uncertainty over UK car finance scandal is putting off investors, warn CEOs

The mis-selling of car finance and the associated commission arrangements were investigated by the FCA last year. Photograph: Jacob King/PA View image in fullscreen The mis-selling of car finance and the associated commission arrangements were investigated by the FCA last year. Photograph: Jacob King/PA Uncertainty over UK car finance scandal is putting off investors, warn… Continue reading Uncertainty over UK car finance scandal is putting off investors, warn CEOs

Elon Musk’s Tesla has received almost £200m in UK grants since 2016

The Department for Transport grants for Tesla peaked at £61.6m in 2020 and have since declined. Photograph: William Barton/Alamy View image in fullscreen The Department for Transport grants for Tesla peaked at £61.6m in 2020 and have since declined. Photograph: William Barton/Alamy Elon Musk’s Tesla has received almost £200m in UK grants since 2016 Bulk… Continue reading Elon Musk’s Tesla has received almost £200m in UK grants since 2016

Rolls-Royce to invest £300m in expansion of Goodwood factory

The Rolls-Royce Cullinan is the luxury carmaker’s top-selling model. It sold 5,712 cars last year. Photograph: Martyn Lucy/Getty Images View image in fullscreen The Rolls-Royce Cullinan is the luxury carmaker’s top-selling model. It sold 5,712 cars last year. Photograph: Martyn Lucy/Getty Images Rolls-Royce to invest £300m in expansion of Goodwood factory Luxury carmaker driven to… Continue reading Rolls-Royce to invest £300m in expansion of Goodwood factory