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UK car production slows as manufacturers pivot towards electric vehicles

UK car production fell by 7.6% in early 2024 as the industry shifts towards electric vehicles.Substantial £23.7 billion investment and factory retooling caused structural changes and a 26.6% production drop in June.Despite overall decline,...

A week with a Seal: Navigating the city and beyond in BYD’s performance EV

BYD has a wider significance in the growing EV market than just another new OEM: it’s a brand that, four or five years ago, hardly any Brits, or Europeans, for that matter, had heard...

EV SUMMIT 2024 comes to a close: The highlights of Tuesday

EV SUMMIT UK draws to a closeThe final day of the EV SUMMIT has come to a close, and what a way to round off what represented the most significant two-day gathering of over...

Hongqi to launch two new EVs in Europe this year

China’s longest-running passenger car brand, Hongqi, has announced its plans to target European markets over the coming years, with a range of electric vehicles.Whilst the brand already sells EVs in Scandinavian countries, the manufacturer...

Roland Berger consultancy lowers its global BEV market share prediction in response to global challenges

Roland Berger revised its 2030 global BEV market share forecast to 25-45% due to economic and market challenges.Key obstacles include geopolitical tensions, supply chain issues, and political divisions affecting U.S. adoption rates.Despite challenges, strategic...

Tesla shares shoot up 10%, despite a decline in deliveries

Tesla's Q2 vehicle deliveries fell by 5%, but smaller-than-expected decline boosted shares by over 10%.Stronger-than-expected sales in China and the US helped Tesla deliver 443,956 vehicles, surpassing Wall Street estimates.Tesla faces competition from new,...