A new study has warned that Germany’s car industry could lose nearly 190,000 jobs as manufacturers shift towards electric vehicles.
Reeves urged to increase taxes on petrol cars to encourage electric vehicle adoption
According to a report from the Resolution Foundation, an economic think tank, ministers should consider increasing taxes on petrol and diesel vehicles to help lower the “premium” on electric vehicle
Demand for electric cars falls to lowest level in four years
Only 13% of drivers intend to purchase electric vehicles, marking a challenge for Labour’s net zero goals.
Operating an electric car costs twice as much as running a petrol vehicle.
As roadside charger prices continue to rise, a round trip from London to Penzance costs £148 for electric vehicles and £77 for petrol cars.
Volvo abandons electric vehicle plans by 2030 – Volkswagen European sales collapse
Volvo has abandoned its goal of becoming a fully electric carmaker by 2030 due to declining demand for battery-powered vehicles.
Powerhouse Energy (AIM:PHE) nears completion of its Wales site
Powerhouse Energy Group PLC (AIM: PHE) shares jumped 7% after announcing it is nearing the completion of its Technical Centre in Bridgend, Wales.
Powerhouse Energy Gp (AIM:PHE) Delivery of Kiln to Technical Centre
Powerhouse Energy Group Plc (AIM: PHE), a leader in integrated technology that converts non-recyclable waste into low-carbon energy, along with its revenue-generating engineering consulting division, Engsolve, announced the successful delivery
Volkswagen to invest $5 billion in competitor to Tesla’s electric cars
Volkswagen will invest up to $5 billion (£3.9 billion) in the US electric car maker Rivian as manufacturers reassess their strategies amidst uncertain demand.
EU to Implement Additional Tariffs on Chinese Electric Vehicles
The European Commission announced on Wednesday that it would impose additional duties of up to 38.1% on imported Chinese electric cars starting in July. This move risks retaliation from Beijing,
Powerhouse Energy Gp (LON:PHE) Resolution of European Patent Challenge
Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy, is pleased to announce that the claim originally issued on 6 October
Powerhouse Energy Gp (AIM: PHE) Granting of GB Patent Application
Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy, is pleased to announce that it’s GB Patent Application No GB1910309.2; “Treatment
Jaguar Land Rover announced its highest annual profit in nine years.
Jaguar Land Rover reported its highest annual profit in nine years, driven by “sustained global demand” for its luxury vehicles.