UK manufacturers face higher costs as Ukraine crisis hits supply chains

UK manufacturers face higher costs as Ukraine crisis hits supply chains Conflict has already triggered energy price surge and restrictions on Russian exports such metals will also affect industry A view of the Miner’s Glory monument at the Mariinsky mine in the village of Malysheva in Russia’s Sverdlovsk region. The mine produces emeralds as well… Continue reading UK manufacturers face higher costs as Ukraine crisis hits supply chains

‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars

‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars Automakers’ history of taking fat subsidies and overpromising job growth make some analysts skeptical of the deal An assembly line at General Motors’ plant in Detroit. Photograph: Mandel Ngan/AFP/Getty Images An assembly line at General Motors’ plant in Detroit. Photograph: Mandel… Continue reading ‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars

Aston Martin optimistic after sales surge and slashed losses in 2021

Aston Martin optimistic after sales surge and slashed losses in 2021 Carmaker expects financial improvements following supply chain issues and a slow start to ‘hypercar’ Aston Martin began shipping its £2.5m Valkyrie hypercar in December. Photograph: John Keeble/Getty Images Aston Martin began shipping its £2.5m Valkyrie hypercar in December. Photograph: John Keeble/Getty Images Aston Martin… Continue reading Aston Martin optimistic after sales surge and slashed losses in 2021

Abandoned burning ship ‘had $400m cargo of luxury cars’

Abandoned burning ship ‘had $400m cargo of luxury cars’ Estimate by insurers comes as Felicity Ace is ‘still assumed to remain on fire south of the Azores’ Felicity Ace’s cargo included Porsche, Audi, Bentley and Lamborghini models. Photograph: Portuguese Navy Handout/EPA Felicity Ace’s cargo included Porsche, Audi, Bentley and Lamborghini models. Photograph: Portuguese Navy Handout/EPA… Continue reading Abandoned burning ship ‘had $400m cargo of luxury cars’

Andy Palmer’s bumpy ride: from supercars to battery buses

Interview Andy Palmer’s bumpy ride: from supercars to battery buses Jasper Jolly Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer The… Continue reading Andy Palmer’s bumpy ride: from supercars to battery buses

Burning ship carrying Porsches adrift near Azores without crew

Burning ship carrying Porsches adrift near Azores without crew None of 22 crew members hurt after vessel with almost 4,000 VW group cars onboard caught fire Smoke billows from the Felicity Ace, which was carrying thousands of vehicles from Germany to the US. Photograph: marinha.pt Smoke billows from the Felicity Ace, which was carrying thousands… Continue reading Burning ship carrying Porsches adrift near Azores without crew

Electric car charging points ‘spread too unequally across UK’

Electric car charging points ‘spread too unequally across UK’ SMMT says number of chargers has not grown fast enough to keep up with growth of EVs Electric cars charging in Edinburgh, Scotland. Photograph: Murdo MacLeod/The Guardian Electric cars charging in Edinburgh, Scotland. Photograph: Murdo MacLeod/The Guardian The UK car industry has warned of a “growing… Continue reading Electric car charging points ‘spread too unequally across UK’

Britishvolt secures £40m investment for electric vehicle battery factory

Britishvolt secures £40m investment for electric vehicle battery factory Startup to be based near Blyth is regarded as key to prospects for the UK’s automotive industry Peter Rolton, Britishvolt’s executive chairman, shows a billboard at the site of the company’s planned battery plant in the former industrial town of Blyth in Northumberland. Photograph: Nick Carey/Reuters… Continue reading Britishvolt secures £40m investment for electric vehicle battery factory

California sues Tesla over ‘racial segregation’ claims at factory

California sues Tesla over ‘racial segregation’ claims at factory State takes legal action over allegations of widespread discrimination and harassment of black staff at plant near San Francisco The legal action follows complaints from hundreds of workers at the Fremont factory. Photograph: Ben Margot/AP The legal action follows complaints from hundreds of workers at the… Continue reading California sues Tesla over ‘racial segregation’ claims at factory

Electric vehicles bring down CO2 emissions of new cars in UK to lowest level ever

Electric vehicles bring down CO2 emissions of new cars in UK to lowest level ever Though only 12% of new sales were zero-exhaust electric vehicles, emissions fell by 11.2% in 2021 A Tesla car plugged into a charging station in Wimbledon, south-west London. Photograph: Amer Ghazzal/Rex/Shutterstock A Tesla car plugged into a charging station in… Continue reading Electric vehicles bring down CO2 emissions of new cars in UK to lowest level ever