My friend is driving a freezing-cold Porsche – and the schadenfreude is delicious | Adrian Chiles

My friend is driving a freezing-cold Porsche – and the schadenfreude is delicious Adrian Chiles You thought spending six figures on a car might guarantee someone will fix it? Think again The world’s most expensive fridge … the Porsche Taycan. Photograph: Martyn Lucy/Getty Images The world’s most expensive fridge … the Porsche Taycan. Photograph: Martyn… Continue reading My friend is driving a freezing-cold Porsche – and the schadenfreude is delicious | Adrian Chiles

Major plug-in hybrid cars pollute more than official measures suggest

Major plug-in hybrid cars pollute more than official measures suggest BMW, Renault and Peugeot PHEVs all exceeded carbon dioxide output claimed in standard lab tests, on-road tests show BMW’s 3 series plug-in hybrid emitted three times its official rating of 36g of carbon dioxide per kilometre. Photograph: Anadolu Agency/Getty Images BMW’s 3 series plug-in hybrid… Continue reading Major plug-in hybrid cars pollute more than official measures suggest

Nissan to take stake in Renault electric vehicle unit to repair alliance

Nissan to take stake in Renault electric vehicle unit to repair alliance New 15-year deal includes working together on electronics and battery technology Renault 5 Prototype electric compact concept car. The carmaker’s Ampere electric car unit is being prepared for a potential stock market flotation. Photograph: Sjoerd van der Wal/Getty Images Renault 5 Prototype electric… Continue reading Nissan to take stake in Renault electric vehicle unit to repair alliance

Electric vehicles power rise in UK car sales despite weak outlook

Electric vehicles power rise in UK car sales despite weak outlook Trade body SMMT cuts forecast for annual sales, citing inflation and interest rate increases A Volvo XC60 car plugged into a charging point outside a dealership. SMMT said sales of hybrids rose by 40.6% year on year in January. Photograph: Ben Stansall/AFP/Getty Images A… Continue reading Electric vehicles power rise in UK car sales despite weak outlook

Australian startup Recharge wins bid for collapsed UK battery company Britishvolt

Australian startup Recharge wins bid for collapsed UK battery company Britishvolt Recharge, which is also planning a factory in Victoria, revives goal to build £3.8bn ‘gigafactory’ in north England Recharge Industries’ takeover of Britishvolt revives plans for a battery plant in Blyth, Northumberland. Photograph: Britishvolt/Reuters Recharge Industries’ takeover of Britishvolt revives plans for a battery… Continue reading Australian startup Recharge wins bid for collapsed UK battery company Britishvolt

Private equity firm in talks to buy collapsed startup Britishvolt

Private equity firm in talks to buy collapsed startup Britishvolt Greybull Capital considering bid as administrators at EY try to push through sale of gigafactory project An artist impression of Britishvolt’s gigaplant. Greybull Capital would be a controversial bidder for a project seen as important to the UK’s industrial ambitions. Photograph: Britishvolt/PA An artist impression… Continue reading Private equity firm in talks to buy collapsed startup Britishvolt

Chinese owner of Lotus Technology to list a stake in US via blank cheque firm

Chinese owner of Lotus Technology to list a stake in US via blank cheque firm EV maker and R&D arm of car group owned by Geely planning to join Nasdaq in deal with Spac backed by Bernard Arnault The interior of the Lotus Eletre performance SUV electric car seen at the Brussels Expo in January… Continue reading Chinese owner of Lotus Technology to list a stake in US via blank cheque firm

London mayor vows to press ahead with Ulez plan at launch of scrappage scheme

London mayor vows to press ahead with Ulez plan at launch of scrappage scheme Sadiq Khan says ultra-low emission zone will be expanded across whole of city in August despite legal threats Sadiq Khan said he was confident of defending any court case brought against the Ulez plans as he launched a £110m scrappage scheme… Continue reading London mayor vows to press ahead with Ulez plan at launch of scrappage scheme

Electric vans startup Arrival to cut 800 jobs amid focus on US market

Electric vans startup Arrival to cut 800 jobs amid focus on US market British firm hopes to benefit from Joe Biden’s green energy subsidies and start production in north Carolina A prototype electric van by Arrival in Banbury in 2021. Photograph: Nick Carey/Reuters A prototype electric van by Arrival in Banbury in 2021. Photograph: Nick… Continue reading Electric vans startup Arrival to cut 800 jobs amid focus on US market

Rolls-Royce is a ‘burning platform’ that must transform, says new CEO

Rolls-Royce is a ‘burning platform’ that must transform, says new CEO ‘We underperform every key competitor out there,’ staff are told in global address by Tufan Erginbilgic An aircraft engine manufactured by Rolls-Royce. The company relies on its civil aerospace business for 40% of revenues. Photograph: Régis Duvignau/Reuters An aircraft engine manufactured by Rolls-Royce. The… Continue reading Rolls-Royce is a ‘burning platform’ that must transform, says new CEO