Recently Arrival announced a joint-venture with Mercedes-Benz, to make electric vans in Europe. However, they have just stated there will be a ‘pause’ in the deal as they focus on the US market and becoming cash flow positive. You can learn more by clicking this Reuters link here.
Competition and Markets Authority has concluded their investigation into retailer fuel prices, with the conclusion that they do not fall quick enough, especially compared to the increases. This is not surprising to anyone, as we have all seen the price gouging by those making huge profits. Click this Autocar link to learn more.
According to the BMW Group the UK’s Competition and Markets Authority has no jurisdiction to demand information from it, only BMW UK, over the investigation into anti-competitive practices that is running concurrently with the European one. The CMA disagrees and is now fining the company. More can be read on this by clicking this MSM news article link.
Toyota is reshaping their three staged EV strategy to move certain aspects further up the timescale. They will be holding a large call with relevant supplies in February 2023. To learn what this means, click this Market Screener link here.
Oliver Blum, the VW Group CEO, will present what is being described as a ‘reality check’ of their software program, to the Group board. The much heralded V2.0 release will likely be put back from 2026 to at least 2028. Don’t forget one VW CEO has lost their job thanks to their software woes. Click this Reuters link to learn more.
Furthering their partnership, where M&S stores can be found at BP forecourts, BP Pulse is going to be the provider for rapid EV chargers installed at shops across the country. The plan is for 900 to be installed, being a mix of 50kW and 150kW capable chargers. To read more, click this Move Electric article here.
Motability and Callum Design have teamed up to launch a design competition for students to come up with a future-proof and affordable design for wheelchair friendly EVs. 60 submissions have already been received with the winner being announced in January 2023. Click here to learn more, from the Move Electric article.
Surprising no one, the Government has confirmed there will be a delay in producing laws designed to take account of escooters and their use...
