Chinese EV battery giant eyes UK gigafactory investment

EVE Energy is reportedly in discussions to invest more than £1 billion in the construction of a gigafactory near Coventry

UK boosts black cab drivers with £6,000 to go electric

The Plug-in Taxi Grant will be extended until April 2025

BYD surpasses Tesla as world’s top EV maker

Chinese automaker BYD has unseated Elon Musk’s Tesla as the world’s leading electric vehicle manufacturer for the first time

Tesla recalls two million vehicles in US over Autopilot concerns

Tesla is recalling over two million vehicles equipped with Autopilot due to concerns raised by the National Highway Traffic Safety Administration regarding the system’s vulnerability to “foreseeable misuse”

UK Battery Strategy elicits mixed reactions

The release of the UK Battery Strategy yesterday has generated mixed responses, with the industry expressing cautious optimism while calling for more comprehensive measures to ensure success in the global battery race

UK allocates £2bn for zero emission vehicle supply chain

The government has released its highly anticipated Battery Strategy, outlining a plan to bolster domestic supply chains for electric vehicles and reduce dependence on Chinese-made batteries

Used electric car prices plummet by a quarter

Used electric car prices have dropped by nearly a quarter in the past year, reaching an average of £32,463, as consumer confidence wanes, according to a report

‘One in five new cars turn electric in August’

The number of electric cars registered in August skyrocketed by 77% compared to the same month in 2022, according to a report

Octopus secures £150m funding to drive EV expansion

Octopus has raised £150 million in funding from Pollen Street Capital, bringing the total funding for its EV leasing arm to over £650 million

Will Tata Group build a gigafactory in Somerset?

While a deal has not been signed yet, negotiations have reportedly progressed and Somerset is poised to become the location for a multibillion-pound electric car battery plant