EV - Page 7
Transport secretary Louise Haigh on bringing down EV costs for consumers
Transport Secretary Louise Haigh said the UK Government "wants to make EVs as affordable as possible" and it sees big fleet deals as an advantage in bringing more low priced used EVs into the market for private motorists.
Skoda boss warns EV battle may "destroy residuals" and urges legislators to act
Skoda CEO Klaus Zellmer has said that the coming year will be "the most fierce environment for EVs" and warned: "That’s not healthy. It will destroy residuals, it will destroy customer sentiments".
Executive View: The issue is that we're battling a rational consumer
The Government's aims for zero carbon motoring will need to do more to convince a general public which is happy to be greener if it doesn't cost them more money or time, notes AM's regular columnist Professor Jim Saker, president of the Institute of the Motor Industry.
Car makers spending £2bn to save stalling EV market, warns SMMT
Manufacturers are set to spend at least £2 billion on discounting electric vehicles (EV) this year in a desperate attempt to stimulate demand, according to the Society of Motor Manufacturers and Traders (SMMT).
Brand Insight with Paul Philpott, president and CEO, Kia UK
2024 is shaping up to be a record-breaking year for Kia. AM met with Paul Philpott, president and CEO of Kia UK to discuss what are the key goals for the brand and how it plans to further solidify its position in the UK market.
Dealers urged to avoid needless price corrections as used market remains strong
Retailers are being urged to strategically use data to avoid unnecessary price corrections as the used car market is proving resilient, with electric vehicles leading in both demand and sales pace.
EVs lose value twice as fast as ICE vehicles, losing average +£11K in first 3 years
New data highlights the significant depreciation of electric vehicles (EVs) compared to traditional petrol and diesel cars, with electric cars dropping in value by an average of £11,225 over the first three years.
Motorists unwilling to pay a premium to go electric, finds Auto Trader
Consumer concerns over the affordability of electric vehicles (EVs) are hindering mass adoption, putting pressure on the government to provide more support for the market, according to new research by Auto Trader.