FOLLOW UP: VW APPEAL $20M SPANISH CLAIM
After a Spanish court order Volkswagen to compensate owners €3000 each, who bought a car with the defeat-device fitted. The company has announced it will appeal the ruling. To read more, click the Reuters article here.
FOLLOW UP: VW SEEKS US RULING ON EMISSION UPDATE
When Volkswagen agreed to settle the criminal and civil actions, in the US, to the tune of $20 billion, it did not get liability protection from state and local governments, according to the 9th US Circuit Court of Appeals. VW disagree and are taking the ruling to the US Supreme Court to attempt to protect themselves from state and local governments claiming penalties for the defeat-devices. To read more, click the Automotive News Europe article here.
VW FACING FLEET CO2 FINE
Volkswagen Group missed their required target for fleet CO2 levels, in 2020, and is now facing a potential fine of €95 for every g/km missed per car sold. Diess tried to put a brave face on it, by stating VW and Audi brands exceeded the targets. Whilst we wait for the final ruling from the EU, click the Autocar article here to read more.
NISSAN TO BUILD EVS IN UK
Nissan has committed to building EVs in the UK for the foreseeable future and to enable that will package the batteries in the UK too, due to Rule of Origin requirements of the Brexit deal. To read more, click the Relocate Magazine article here. For further background information, see the Twitter thread involving Jim Holder, Haymarket Editorial Director, and Dr Andy Palmer, formerly of Nissan and Aston Martin, by clicking here.
TFL SEES CONGESTION CHARGE INCOME INCREASE
Following agreement between the Government and Transport for London (TfL), for a financial handout in 2020, the “temporary” increase to the scope and level of the charge resulted in an £86 million increase of income. The '“temporary” changes will remain in place until the end of this financial year, at least. To read more, click the Autocar article here.
SHELL BUYS UBITRICITY
Shell is continuing to expand into the EV charging industry, with the announcement that it is buying Ubitricity. There are 2700 charging points, mainly low energy versions built into street furniture such as bollards, street lamps and the likes. To read more, click here for the Autocar article.
BLOODHOUND LSR UP FOR SALE
The Bloodhound Land Speed Record project, is once again up for sale, after Ian Warhurst stated he could not afford to take attempt the record due to the extra investment required....
