The Administrator for Britishvolt, EY, has narrowed down the options to the Australian firm Recharge. They are a start up and have not constructed a major project during their time. At the same time that they target getting a battery factory built in the UK they will be trying to do that same in Australia. Click here to learn more, by reading The Guardian article.
Renault, Nissan and Mitsubishi announced the details for the restructuring of the alliance this week. We knew about the changes to share ownership but they also confirmed investment in Ampere by Nissan and that Mitsubishi is considering joining. To read more about the story, click this link to a Yahoo Finance article.
SMMT has released the New Car Registration figures for January 2023 and they are up on last year. Whilst it is an improvement you have to go back to 2012 for a worse year. Petrol and BEVs are up, with PHEVs also slightly increasing their numbers and diesel is down. Click here to read Tristan Young’s always excellent thread.
The SMMT is calling on the Government to help with the charging network and also with VED. Click here to find out more via their article.
Due to the poorer than expected results, Ford executives are receiving a smaller than anticipated bonus, whilst non decision making staff are not affected by this change. Jim Farley, Ford’s CEO, stated that it was unfair on staff who could not fix the issues that have impacted on the company’s earnings. Click here to learn more from the Detroit Free Press.
Talks are apparently underway between BYD and Ford, over the Saalouis factory that is slated for closure. This would give the Chinese company a foothold in Europe quite quickly. However, not everyone agrees, with some thinking it is quicker for BYD to build their pown facility. Click here for the link to the The Driven article to read more.
Even more reports suggest that Ford is looking at large job loses in Europe, with one figure being as high as 3,200. To learn more, click this link to an Autocar Business article link.
Arrival, the beleaguered commercial EV start up has announced the cutting of a further 800 jobs. This is on the back of a senior management reshuffle where the two top jobs just swapped nameplates. Click this Guardian article link for more.
Eyebrows were raised when Mercedes sold one of two
