A potential “charging crisis” could soon emerge among vehicle remarketing companies as electric vehicles start to make their way onto the used market in larger numbers, says the Vehicle Remarketing Association.
India’s car market leader Maruti Suzuki has unveiled a new concept vehicle ahead of the Auto Expo 2020 show, which begins tomorrow. Called the Concept Futuro-e, the SUV coupe gives a taste of what can be expected from the car maker’s ‘Mission Green Million’ plan to sell a million low emission vehicles in the next few years. Yokohama has developed a BluEarth tyre for the concept.
Klarius Products Ltd. has slammed the government’s proposal to bring forward the ban on new petrol and diesel cars to 2035, calling the decision “an unworkable fantasy” that is more about political gain than solving a problem.
GQ has awarded the title of ‘Electric Hypercar of the Year’ to the new Automobili Pininfarina Battista at a star-studded Car of the Year (GQ CotY) ceremony in central London. The award coincides with the start of the 90th anniversary celebrations of Pininfarina. No more than 150 Battista hypercars will be created, each by hand in Cambiano, Italy, from the end of 2020. Battista is the realisation of company founder Battista ‘Pinin’ Farina’s enduring dream to see a car produced wearing solely the Pininfarina name.
Ford’s introduction of an electric sport utility vehicle (SUV) in 2020 is “a bold move” according to David Leggett, automotive editor at data and analytics company GlobalData. “The idea is to promote the traditional Mustang brand’s strengths of performance and flair for a vehicle that will be fun and exciting, rather than merely created to help meet future compliance standards. The Mach-EE is no econobox.
An electric vehicle is the best option for nearly one-in-five new car buyers in the UK, according to exclusive research by What Car? Analysis of the daily mileage, driving habits and vehicle requirements for more than 8400 users of the What Fuel? Calculator by the UK’s leading consumer champion and new car buying platform, shows 19.2 per cent of drivers could use a fully electric vehicle (EV) as their daily driver without compromising their routine.
Giti Tire wasn’t only present at last month’s BMW Berlin Marathon as official Main Sponsor, the event was also the location chosen for the global premiere of a new tyre specifically developed for electric vehicles. The tyre maker shares that the GitiSynergyE2 will be available in some markets from spring 2020.
A new study shows striking differences in the depreciation of ten popular electric cars from their purchase price three years ago to their current value. Research by InsuretheGap.com, a leading supplier of GAP (Guaranteed Asset Protection) insurance for new and second-hand cars, found that the Renault Zoe (Electric) lost the most value, depreciating by 61 per cent in three years from its purchase price of £19,988 to only £7,830 value in 2019.
Commenting on the Government funding an extra £2.5m to pay for local authorities to install more than 1,000 additional electric-car charging points on residential roads, Sebastian Speight, managing director of Infrastructure at investment manager Ingenious, said: “There is a justifiable concern about the drag on the adoption of electric vehicles in the UK due to the limits on the speed of rolling out the associated charging infrastructure.
The organisation that represents franchised car and commercial vehicle retailers in the UK says it welcomes Transport Secretary Grant Shapps’s announcement that an additional £2.5 million will go towards to fund the installation of over 1,000 new charging points for electric vehicles. Sue Robinson, director of the National franchised Dealers Association (NFDA) comments “it is positive to see that the Government has announced additional funds for chargepoints on residential streets.”
If all drivers in the market were to make their next car purchase tomorrow, we could expect the proportion of hybrid and pure electric cars to quadruple, according to the latest NFDA Consumer Attitude Survey 2019.
Ease of charging, distance travelled on one charge and saving money are the top considerations for drivers when it comes to buying an electric car. In a national Opinium survey of 2,000 UK drivers, commissioned by InsuretheGap, a leading supplier of GAP (Guaranteed Asset Protection) insurance for new and second-hand cars, four-fifths of drivers answered what would make them more likely to buy an electric car, leaving a fifth that would not buy an electric car in any circumstance.