FOLLOW UP: CLARIFICATION OF STROLL’S FORTUNE
During the discussion of Geely buying a stake in Aston Martin, last week, we got the info about Stroll’s fortune incorrect. He has made his money through fashion and sportswear brands. Thanks to listener, David Edmondson, for straightening us out.
NEW CAR REGISTRATION FIGURES SEPTEMBER 2022
September’s New Car Registration figures are out. There is a rise, year on year, but do not forget, 2021 was the worst September since 2006 and down a third on 2019. Battery electric vehicles are up, though, just over 40%, and now have 14.5% market share. To read more, click here for the SMMT article. To see the breakdown via ‘what you put in it to make it go’, click here for Tristan Young’s Twitter thread.
PERSONAL SAFETY STANDARDS AT EV CHARGERS DEMANDED
Following an investigation in to the public’s thoughts on personal safety at EV charging points, the Government is being urged to set minimum standards. Lighting, CCTV and emergency call buttons are all being requested. You can read more on this, by clicking the FleetNews link here.
DEALER PLUG-IN GRANT REINSTATED BY UK GOVERNMENT
Earlier this year the Government announced, with immediate effect, the ending of the plug-in grant for electric vehicles under £32, 000. They have now reinstated the £1500 saving for orders placed via dealers, but not for consumers applying directly themselves. The new window runs until 31 March 2023 and is due to supply constraints. More can be found here, by clicking the Autocar link.
CITROËN OFFER REWARDS TO PHEV USERS
Similar to the BMW scheme, Citroën is offering rewards to users of their PHEV models who regularly charge their car and take advantage of what they offer in terms of electric only running. Details are yet to be released on exactly how the point system will work, but it is expected to start next year. For more, click the Autocar article link here.
VW SIMULATING IPOS FOR OTHER BRANDS
After the initial move of the Porsche IPO, the rest of the VW Group is now “simulating” IPOs for their specific brands. Following this test run, information will be presented on a market day. Click here to read the Reuters article further.
NISSAN WANT RENAULT TO REDUCE STAKE
During discussions between Renault and Nissan, over the hoped investment by the Japanese company in the new electrification unit also included a request that the French firm sells as much of its stake in Nissan as possible. More can be read here,
