People charging an electric car using public chargers face higher costs than those doing so at home. Photograph: Ceri Breeze/Alamy View image in fullscreen People charging an electric car using public chargers face higher costs than those doing so at home. Photograph: Ceri Breeze/Alamy EV drivers spend extra £85m on VAT when using public chargers… Continue reading EV drivers spend extra £85m on VAT when using public chargers
Author: The Guardian Online News
UK used electric vehicle sales hit record last year as prices fell
Total sales of used EVs rose by 5.5% in 2024 to 7.6m, the SMMT says. Photograph: ZarkePix/Alamy View image in fullscreen Total sales of used EVs rose by 5.5% in 2024 to 7.6m, the SMMT says. Photograph: ZarkePix/Alamy UK used electric vehicle sales hit record last year as prices fell Secondhand market thrived as sales… Continue reading UK used electric vehicle sales hit record last year as prices fell
Nissan preparing to pull out of merger talks with Honda
Nissan is said to be considering a partnership with a tech firm rather than another carmaker after merger talks with Honda and Mitsubishi stalled. Photograph: Tingshu Wang/Reuters View image in fullscreen Nissan is said to be considering a partnership with a tech firm rather than another carmaker after merger talks with Honda and Mitsubishi stalled.… Continue reading Nissan preparing to pull out of merger talks with Honda
Trump fears drive gold to record high, as yuan hit by US-China trade war – business live
02.59 EST Gold, “the ultimate Trump hedge” hits record high Gold has hit a new record high this morning, as nervous investors seek out a safe haven asset. The spot price of gold has gained 0.6% today, to a new alltime high of $2,861.78 per ounce. Gold has now gained 9% so far this year, adding… Continue reading Trump fears drive gold to record high, as yuan hit by US-China trade war – business live
UK and European stock markets tumble amid ‘Trump tariff tantrum’
Spain’s IBEX (pictured) dropped by 1.7%, while Germany’s DAX index fell by 2% and France’s CAC 40 by 1.9%. Photograph: Vega Alonso Del Val/EPA View image in fullscreen Spain’s IBEX (pictured) dropped by 1.7%, while Germany’s DAX index fell by 2% and France’s CAC 40 by 1.9%. Photograph: Vega Alonso Del Val/EPA UK and European… Continue reading UK and European stock markets tumble amid ‘Trump tariff tantrum’
UK car production falls to lowest level since 1954
A hybrid Nissan Juke sports utility vehicle on the production line at the Nissan factory in Sunderland, UK pictured in 2023. Photograph: Bloomberg/Getty Images View image in fullscreen A hybrid Nissan Juke sports utility vehicle on the production line at the Nissan factory in Sunderland, UK pictured in 2023. Photograph: Bloomberg/Getty Images UK car production… Continue reading UK car production falls to lowest level since 1954
Tesla sees disappointing fourth-quarter earnings amid declining car deliveries
Tesla cars charging at a Tesla supercharger in Novato, California on 2 May 2024. Photograph: Justin Sullivan/Getty Images View image in fullscreen Tesla cars charging at a Tesla supercharger in Novato, California on 2 May 2024. Photograph: Justin Sullivan/Getty Images Tesla sees disappointing fourth-quarter earnings amid declining car deliveries Despite disappointing sales and delivery figures,… Continue reading Tesla sees disappointing fourth-quarter earnings amid declining car deliveries
Dowlais deal shows crisis in the UK stock market is getting worse
Dowlais was demerged from the British engineering firm Melrose in 2023. Photograph: Timon Schneider/Alamy View image in fullscreen Dowlais was demerged from the British engineering firm Melrose in 2023. Photograph: Timon Schneider/Alamy Dowlais deal shows crisis in the UK stock market is getting worse Nils Pratley It should be the GKN Automotive owner taking over… Continue reading Dowlais deal shows crisis in the UK stock market is getting worse
US rival agrees £1.2bn deal for British car parts firm in new hit to UK stock market
A worker sorts car parts at a UK factory run by GKN Automotive, the main Dowlais operation. Photograph: David Levenson/Alamy View image in fullscreen A worker sorts car parts at a UK factory run by GKN Automotive, the main Dowlais operation. Photograph: David Levenson/Alamy US rival agrees £1.2bn deal for British car parts firm in… Continue reading US rival agrees £1.2bn deal for British car parts firm in new hit to UK stock market
UK reportedly planning electric car loan subsidies to push sales
Electric vehicles in particular have been affected by the industry-wide sales slowdown. Photograph: John Walton/PA View image in fullscreen Electric vehicles in particular have been affected by the industry-wide sales slowdown. Photograph: John Walton/PA UK reportedly planning electric car loan subsidies to push sales Ministers in talks with vehicle finance sector about making more low-interest… Continue reading UK reportedly planning electric car loan subsidies to push sales