26th May 2021 | Posted by TEIC

European sales jump 256% in April from lockdown low point

European passenger-car registrations soared in April, recovering from the low level reported in the same month last year when coronavirus lockdowns dragged down sales. New-car sales rose by 256 percent year-on-year to 1.04 million vehicles in the European Union, UK and EFTA markets, industry association ACEA said in a statement on Wednesday. Sales were about

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26th May 2021 | Posted by TEIC

£300m investment to fuel electric car take-up

The UK’s energy regulator has approved plans to invest £300m in low carbon projects including support for 3,550 charging points for electric vehicles Ofgem said the funds would allow energy networks to build robust electricity infrastructure for installing charging points across UK motorways. It said while more people are buying electric cars, others are put

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24th May 2021 | Posted by TEIC

More ‘overnight’ plug-in car grant changes to come in EV incentive withdrawal

The Department for Transport’s Office for Zero Emission Vehicles (OZEV) has warned car retailers there will be more “overnight” changes to plug-in car grant (PiCG) EV incentives as part of a “managed exit” from Government. OZEV representatives confimed that the UK Government intends to axe the PiCG completely in a meeting with National Franchised Dealers Association (NFDA)

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