BMW profits rise to €3.4bn as focus turns to more expensive cars

BMW BMW profits rise to €3.4bn as focus turns to more expensive cars Carmaker is ‘overcoming difficult situations’, including global shortage of computer chips BMW is confident it will continue to make significant gains in electric vehicle sales in 2022, with orders for new electric cars, including the iX SUV and the i4 saloon, remaining… Continue reading BMW profits rise to €3.4bn as focus turns to more expensive cars

Toyota announces the bZ4X: the carmaker’s first mass-produced electric vehicle

Electric vehicles Toyota announces the bZ4X: the carmaker’s first mass-produced electric vehicle New vehicle a change for Toyota, which has to date relied heavily on hybrid technology Get our free news app; get our morning email briefing Toyota has announced its bZ4X electric vehicle, expected to arrive in Australia by late 2022. Photograph: Toyota Toyota… Continue reading Toyota announces the bZ4X: the carmaker’s first mass-produced electric vehicle

Industry lobbies against 2040 UK ban on new diesel trucks

Automotive industry Industry lobbies against 2040 UK ban on new diesel trucks HGV makers and operators urge MPs to delay end of fossil fuel use for new lorries The Road Haulage Association says the ban should be delayed until 2045 for larger lorries. Photograph: Peter Cziborra/Reuters The Road Haulage Association says the ban should be… Continue reading Industry lobbies against 2040 UK ban on new diesel trucks

Tesla breaks $1tn valuation barrier after Hertz orders 100,000 vehicles

Tesla Tesla breaks $1tn valuation barrier after Hertz orders 100,000 vehicles Milestone comes after firm’s Model 3 became first battery-powered electric car to top Europe’s monthly sales chart UK battery ‘gigafactory’ plans expansion as EV demand soars Tesla joins the tech companies Apple, Amazon, Alphabet, Facebook and Microsoft among the US firms to have passed… Continue reading Tesla breaks $1tn valuation barrier after Hertz orders 100,000 vehicles

UK battery ‘gigafactory’ plans huge expansion as electric car demand soars

Automotive industry UK battery ‘gigafactory’ plans huge expansion as electric car demand soars Envision’s Sunderland plant produces batteries for the Nissan Leaf and other electric vehicles Boris Johnson visits the Envision battery manufacturing facility inside the Nissan plant in Sunderland. Photograph: Reuters Boris Johnson visits the Envision battery manufacturing facility inside the Nissan plant in… Continue reading UK battery ‘gigafactory’ plans huge expansion as electric car demand soars

Jaguar Land Rover pauses Halewood car production amid chip shortage

Jaguar Land Rover Jaguar Land Rover pauses Halewood car production amid chip shortage Plant makes Land Rover Discovery Sport and Range Rover Evoque models A worker uses a robotic arm to fix an alloy wheel to the hub of a Range Rover Evoque SUV at the Halewood plant. Photograph: Bloomberg/Bloomberg via Getty Images A worker… Continue reading Jaguar Land Rover pauses Halewood car production amid chip shortage

Firm aiming to build £4bn UK ‘gigafactory’ poised for London IPO

Automotive industry Firm aiming to build £4bn UK ‘gigafactory’ poised for London IPO Chair Peter Rolton says Britishvolt more likely to pick UK after proposed changes to stock market listing rules Artist’s impresson of proposals for Britishvolt ‘gigafactory’ planned for Northumberland, northeast England. Photograph: Britishvolt/PA Artist’s impresson of proposals for Britishvolt ‘gigafactory’ planned for Northumberland,… Continue reading Firm aiming to build £4bn UK ‘gigafactory’ poised for London IPO

UK car industry says Brexit rules are denting competitiveness

Automotive industry UK car industry says Brexit rules are denting competitiveness SMMT also hopes for cap on energy prices as carmakers ramp up electric vehicle production Workers on the production line at Nissan’s factory in Sunderland. Photograph: PA Images/Alamy Workers on the production line at Nissan’s factory in Sunderland. Photograph: PA Images/Alamy Lisa O’Carroll @lisaocarroll… Continue reading UK car industry says Brexit rules are denting competitiveness

UK car sales plunge but electric vehicles soar to record amid fuel crisis

Automotive industry UK car sales plunge but electric vehicles soar to record amid fuel crisis Global chip shortage helps push car registrations to lowest level for more than two decades The SMMT said 32,721 electric cars were registered last month, 49% more than in September 2021. Photograph: Chris J Ratcliffe/Getty Images The SMMT said 32,721… Continue reading UK car sales plunge but electric vehicles soar to record amid fuel crisis

UK electric car inquiries soar during fuel supply crisis

Electric, hybrid and low-emission cars UK electric car inquiries soar during fuel supply crisis Sellers of plug-in vehicles say petrol shortages are driving people to adopt the new technology A Tesla electric car drives past cars queueing for fuel at a BP filling station in Peterborough. Photograph: Paul Marriott/Rex/Shutterstock A Tesla electric car drives past… Continue reading UK electric car inquiries soar during fuel supply crisis