Cazoo, an online dealer of used cars, has announced that Alex Chesterman, its founder, will be stepping down as chief executive following a collapse in share prices of 97pc.
Tesla reduces prices by a record £8k in battle against sales slowdown
As the largest electric car manufacturer in the world, Tesla has reduced prices by a record £8,000 to reverse a slowdown.
Electric car production slows as drivers opt for cheaper wet fuel models
Electric cars are approximately £10,000 more expensive than petrol equivalents
Drivers are prevented from switching to electric cars by a charging point shortage
Motoring groups warn that Britain’s electric car revolution is being held back by a lack of charging points and high plug-in prices.
In the UK, there were a record number of public charging stations for electric vehicles in 2022
British companies have installed an unprecedented number of public-electric car chargers in 2022, as they try to control a rapidly growing and potentially lucrative market.
The electric car is at risk of being destroyed by the energy crisis
Western societies are committing to the electrification and provision of electricity, but not actually providing it.
‘Silent majority’ of car industry is concerned about EV’s
According to a Toyota senior executive, a “silent majority” of car companies are concerned that electric cars won’t be able to eliminate reliance on fossil fuels.
AA suggests that electric car drivers who don’t have off-street parking might find it cheaper to run diesel.
According to new research by the AA, motorists without off-street parking might find it cheaper to drive a diesel car rather than an electric one.
Electric cars will cost more to operate than petrol
As a result of the recent price cap hike, electric vehicles will cost more to operate than their petrol counterparts starting in October.
Russian car sales plunged 84% in May, underscoring the damage that sanctions are wreaking on the industry
Russian car sales fell 84% in May as sanctions and international isolation put an industry that was once a hub for foreign investment to a near halt.
AFC Energy Plc (AFC.L) Extreme E 2022 Season Contract
AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce that Extreme E, the all-electric SUV racing series , will continue to use the