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Electric vehicles could dominate the new car market as early as 2027, with more than 1.3 million electric cars registered each year, according to Go Ultra Low, which collated data from multiple electric-car sales reports and forecasts.
The plug-in car grant began in 2011 with just over 1,000 annual registrations of plug-in cars.Since then, record-breaking volumes of EVs have been registered every year – 2015 saw more than 28,000 electric cars registered.
With vehicle manufacturers introducing more and more electric and plug-in hybrid models, this analysis suggests that the Government forecast for all new cars and vans to have ultra-low emissions by 2040 is on track to be met.
One out of three (33%) transport industry professionals do not believe autonomous vehicles will work, according to findings from the Microlise Transport Conference post event report.
The statistics were captured during interactive voting on questions at the largest road transport conference in Europe attended by more than 1,000 delegates.
The report goes further than last year, by providing an in depth view of the road transport industry in 2016 on a range of key issues, with responses broken down by sector, age, job position and gender.
Nadeem Raza, chief executive officer, Microlise, said: “The findings tell us that the industry is still not sold on the potential of autonomous and semi-autonomous vehicles – despite many experts predicting them on our roads in the not too distant future. It’s also interesting to note that industry support for leaving the EU aligns with last week’s referendum result.”
In Q1 2016, global car sales rose 2.8% reaching 20.44 million units (LCVs and passenger cars), 558,700 more compared with the same period in 2015 according to a report by JATO Dynamics.
The popularity of SUVs in China has led the growth, with the country accounting for 36% of total sales in Q1 2016. Sales of SUVs in Europe (including Russia and Turkey) gave the overall market a boost with 20% growth and 1.11 million units sold.
SUVs continued to dominate across much of the rest of the world in Q1 2016, with the category increasing sales by 23% compared with the same period last year and five vehicles from the category entering the top 10 best-selling car ranking – these were the Nissan X-Trail, Honda HR-V, Toyota RAV4, Honda CR-V and Ford Escape.
The government is highly unlikely to remove the Alternative Dispute Resolution (ADR) scheme.
Dean Dunham, chief ombudsman at the ADR, said: “One of the most successful and widely welcomed EU directives in the history of the European Union gave consumers in the UK greater scope to resolve disputes via Alternative Dispute Resolution (ADR) with retailers and traders without the need to get into costly court proceedings. This has laid the foundations for ADR and in my opinion, it is here to stay.
“In the run-up to last week’s referendum, we took numerous soundings from government agencies and the feeling was unanimous – why would any government wish to abolish ADR and rob the consumer of their free and easy way of sorting out their complaints?”.
The pace of decline in used car values slowed to 1% in June compared to a drop of 1.9% in May with different types of vehicles seeing different levels of performance, as reported by Cap and Hpi.
James Dower, senior editor of Cap and Hpi Black Book said: “Pure electric vehicles continued to come under significant price pressure, reducing by 3.3% at the three years 60,000-mile point in June…As we see more vehicles coming into the market place stock appears to be growing and taking significant time to find a home on the forecourt.”
According to Glass’s, a lack of charging points remains one of key reasons why electric vehicles are struggling to hold their value. Rupert Pontin, director of valuations, said: “Effectively, we need chargers to become as much an everyday sight as a petrol station. They have to become an accepted part of everyday life and for people to see them in use regularly.
“When that starts to happen, we believe EV residual values will start to match and possibly exceed conventional vehicles. Until then, unless there is an unlikely step change in battery technology, range anxiety will be an issue.”
Source: Motor Finance Online
UK ‘fully committed’ to infrastructure upgrades despite Brexit, says transport secretary
The transport secretary Patrick McLoughlin has claimed the UK is “fully committed” to its infrastructure projects despite possible economic uncertainly following the UK’s vote to leave Europe last week.
“We are delivering the largest spend on the roads for a generation,” he said as he added that investment in long-term infrastructure would continue. “It is more important not less important than ever before,” he said at the National Infrastructure Forum event in London.
McLoughlin added. “It is vital that the UK is seen to be open for business. Our infrastructure is fit for the future, the economy is strong and Government and business will pull together for the common good as they always have. We will continue to do so over the coming years.”
Nearly half of all company car drivers consult their partners when choosing their next vehicle, new research from Skoda has revealed.
According to the research, 39% of men seek their wife’s opinions while 51% talk through the options with their husbands. Less than a fifth (15%) allow their children to have a say in their next car choice too.