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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

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Tesla leads EV sales in Norway, nearly eliminates ICE competition in March

Teslarati

A new EV sales report from Norway shows that EVs, led by Tesla, have nearly eliminated all ICE vehicle sales in the country. That trend has continued to this day, and according to new reports from the Norwegian Government, nearly all gas and diesel-powered vehicle sales have been eliminated, only representing 2.7%

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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run. Credit: Manheim Index ).

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. Generally, registration taxes threaten fleet renewal.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. In the European Union , sales amounted to 2.4

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International review study seeks to improve modeling for plug-in vehicle adoption

Green Car Congress

The team reviewed models from 16 countries, including the United States, Germany, China, South Korea, the United Kingdom and Ireland. Sales shares in base scenarios of models for 2020, 2030 and 2050 distinguished by PEV type. Estimates ranged from a few percent to more than 50% by 2030. Gnann et al.

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Longer charge times bring unexpected benefits to supermarkets

Setec Powerr

From rebates and tax breaks in the United States and Europe to grants in the United Kingdom, these incentives can help offset the cost of installation, making it a more cost-effective solution for businesses. Plus, these chargers can be upgraded over time to meet increasing customer demand.