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Secondhand EV leasing hits the fast lane as more UK drivers explore ways to cut motoring costs

Numbers using finance rises 170% in a year as leasing firms boom alongside leapin secondhand vehicle supply and surging fuel prices The number of people leasing used electric cars in the UK has more than doubled in the last year as drivers look for cheaper ways to avoid soaring petrol prices during Donald Trump’s war on Iran. Used electric car leasing has risen by 170% in the last year across members of the British Vehicle Rental and Leasing Association (BVRLA), a lobby group whose members buy about half the UK’s new vehicles to lease them out to businesses and consumers every year. Continue reading...

EVs and hybrids approach half of Australian new car sales amid ongoing fuel crisis

Australians bought EVs and hybrids at nearly same rate as petrol cars between April and June, Australian Automobile Association data shows Get our breaking news email , free app or daily news podcast Australians are now buying electric and hybrid vehicles at the same rate as traditional petrol-powered cars, according to new data that shows EV sales doubled in the months after the peak of the fuel price spike. Fuel prices are again on track to top $2 a litre , after the federal government’s fuel excise reductions – introduced to offset the impact of the ongoing crisis in the Middle East – come to an end on Sunday. Continue reading...

Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’

Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be eased Carmakers are delaying final decisions to invest in UK factories until electric car sales rules are relaxed, according to the head of the British car industry’s lobby group. The chief executive of the Society of Motor Manufacturers and Traders (SMMT), Mike Hawes, said those with existing UK operations were considering building new models, but had held back so far. Continue reading...

I risk losing my livelihood because Nissan failed to repair my car

I’m a self-employed driving instructor and I’m running out of cash to hire a replacement dual-control vehicle My livelihood as a self-employed driving instructor is under threat owing to Nissan’s failure to repair my leased dual-control car. It has been off the road awaiting a spare part for three months, and I’ve now been told it will take at least a further month to arrive. Continue reading...

Carmakers lobbied UK to revoke ban on petrol and diesel cars after 2035

BMW, Ford, Nissan and Toyota, plus parts maker Bosch, wrote joint letter to ministers in April Major carmakers privately lobbied the UK government to revoke a ban on new petrol and diesel cars after 2035, according to documents that reveal for the first time the efforts to overturn a key decarbonisation policy. BMW, Ford, Nissan and Toyota, plus the parts maker Bosch, wrote a joint letter to ministers in April calling for an “open technology approach” including petrol and diesel cars after 2035, when the government had said new cars must produce zero carbon emissions. Continue reading...

Drivers charging electric cars handed shock parking fines

EV owners were sent hefty PCNs but say some signs in private car parks fail to warn of fees to park and recharge car Does refuelling your car class as parking? The answer appears to be yes if it’s an electric vehicle. Guardian Money has been contacted by several readers who were fined after charging their cars away from home. The motorists report being caught out by signs that fail to make clear that charging points are subject to parking tariffs or to store opening times. Also, they have found some chargers being advertised as available for use when it would be a breach of the car park’s terms and conditions to use them. Continue reading...