Category: Electric
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BMW delays electric Mini production at Oxford, over ‘multiple uncertainties’
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BMW has confirmed a delay in the production of electric vehicles (EV) in its famous mini factory in Oxford, which blames factors that make up the besieged car sector. The German car maker said that the decision includes stopping the upgrade of 600 million pounds for the facility and refused…
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Aston Martin delays electric ambitions under new CEO Adrian Hallmark
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Aston Martin Lagunda is scheduled to prepare for its long plans for a full group, as the new CEO of Adrian Halmark is preparing to announce a revised strategy in the annual results of the British auto industry on Wednesday. Halmark, who joined the last fall after the leadership of…
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VW prepared to hand its factories to Chinese electric carmakers
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Volkswagen was considering closing its factories in Germany for the first time in its 87 -year -old history – Lisa Johanssen / Bloomberg Volkswagen is preparing to allow Chinese electric car manufacturers to take over production lines in its factories Stressive factories As the auto industry in Germany suffers from…
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VW prepared to hand its factories to Chinese electric carmakers
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Volkswagen was considering closing its factories in Germany for the first time in its 87 -year -old history – Lisa Johanssen / Bloomberg Volkswagen is preparing to allow Chinese electric car manufacturers to take over production lines in its factories Stressive factories As the auto industry in Germany suffers from…
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Five facts about electric vehicles in 2024
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Breadcrumb links PMN BMN Business Article writer: Associated Press Alexa St. John Posted on December 26, 2024 • Last updated 4 hours ago • 3 minute read You can save this article by registering for free here. Or log in if you have an account. Article content DETROIT (AP) —…
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London’s leading electric taxi firm secures £1.6m asset refinance to drive ambitious expansion
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The leading London-based electric taxi company has secured a £1.6m asset refinancing deal, strengthening its position in the capital’s rapidly developing green transport sector and paving the way for significant growth. Electric taxi company Sharbat, which has fully decarbonised its fleet of black taxis in London, will use the funding…
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Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
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Breadcrumb links PMN BMN Business Article writer: Associated Press Samuel Getachew Published on November 3, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content ADDIS ABABA, Ethiopia (AP) — As fuel prices rose in…
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Money Electric: Being Distracted By Nonsense
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Follow Aaron on our or X. This weekend, I finally got to watch Money Electric, the HBO documentary that “reveals” Bitcoin Core contributor Peter Todd as the real identity behind Satoshi Nakamoto. It’s been three weeks now and I’ve already been forgotten about in the 24 hour social media cycle,…
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Money Electric: Being Distracted By Nonsense
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Follow Aaron on our or X. This weekend, I finally got to watch Money Electric, the HBO documentary that “reveals” Bitcoin Core contributor Peter Todd as the real identity behind Satoshi Nakamoto. It’s been three weeks now and I’ve already been forgotten about in the 24 hour social media cycle,…
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Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash
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Chancellor Rachel Reeves is reportedly considering scrapping tax breaks for salary sacrifice schemes used by tens of thousands of drivers to rent electric cars. The move is likely to deal a major blow to the UK’s march towards widespread electric vehicle adoption. The Treasury is reviewing whether to scrap or…
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Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash
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Chancellor Rachel Reeves is reportedly considering scrapping tax breaks for salary sacrifice schemes used by tens of thousands of drivers to rent electric cars. The move is likely to deal a major blow to the UK’s march towards widespread electric vehicle adoption. The Treasury is reviewing whether to scrap or…
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Electric car makers and heat pump firms ‘deserve net zero tax break’
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The Confederation of British Industry (CBI) has urged Chancellor Rachel Reeves to deliver significant tax cuts for manufacturers of electric cars, heat pumps and biofuels to accelerate the UK’s path to net zero. The business group is calling for the corporate tax rate on companies operating in these sectors to…
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MG Cyberster Review: Bringing open-top fun to electric cars at last
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But, until now, there has been one form conspicuously absent – the open-top sports car. And now, finally, there’s an all-electric convertible, and it’s coming from a brand that made its name with roadsters. British manufacturer MG may have fallen from its glory days, but it has reasserted itself. Its…
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Motor Industry calls for VAT cut on electric cars and charging points to boost EV market
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The car industry is calling on the UK government to cut VAT on new electric cars and public charging points in a bid to counter the slowdown in the electric car market. The Society of Motor Manufacturers and Traders (SMMT) has written an open letter to the Chancellor, urging a…
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Cornish Lithium mine granted special status to power UK’s electric vehicle ambitions
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Angela Rayner, the Secretary of State for Housing, Communities and Local Government, has backed plans to turn the disused Trelavor clay mine near St Austell into a major lithium mine, a move that could significantly boost the UK’s battery manufacturing capabilities. The site, operated by Cornish Lithium, is expected to…
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Bentley boss takes charge to steer Aston Martin through electric revolution
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Choosing between two of the world’s leading supercar brands might seem like an enviable dilemma, but for Adrian Hallmark, who made the switch from Bentley to Aston Martin Lagonda, the decision is fraught with peril. Hallmark, 61, becomes Aston Martin’s fourth chief executive in two years, taking the reins at…
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Canada to Hit China With Tariffs on Electric Vehicles, Steel
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Breadcrumbs Path Links PMN Business Canada plans to impose new tariffs on Chinese-made electric cars, aluminum and steel, in a move to back its Western allies and protect domestic manufacturers. Article author: Bloomberg News Brian Platt Published on August 26, 2024 • Read for 3 minutes You can save this…
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Gaussion secures £9.5 million to revolutionise electric vehicle battery charging
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The adoption of electric vehicles still faces a major hurdle: the time-consuming and often harmful process of charging batteries. However, Gaussion, a spin-out of University College London (UCL), has developed a pioneering solution that could transform the industry. By applying an external magnetic field during charge and discharge cycles, Gaussion…
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Hanon Systems Develops World’s First 4th Generation Heat Pump System for Electric Vehicles By Investing.com
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Reduced package and enhanced performance: This is achieved through bundling.Components of coolers and refrigerants Improve driving rangeThe parallel heat source recovery method utilizes both the waste heat generated by the battery and external air heat sources. Slim HVAC Technology: Increases passenger legroom by reducing the size of the HVAC system…