Industry Demands Shift in Hybrid Vehicle Market

Industry demands shift in hybrid vehicle market

As Pakistan unveils its long-awaited New Energy Vehicle (NEV) Policy 2025-30, aimed at reducing emissions and fuel dependence, voices from within the auto industry are calling for a shift in how new technologies are priced and positioned in the market. In a recent interaction with media in Lahore, Syed Asif Ahmed, General Manager Marketing Division at MG Motors, said that while the policy is a step in the right direction, the local Hybrid Electr…

Britain's carmakers to get £2.5billion boost to help transition to electric - The Mirror

The cash will be distributed through competitions over 10 years, where companies can bid for support for a range of projects from start up prototypes to huge gigafactories

Government Support Crucial for Growing Used EV Market, Says Auto Industry - Get World Wide Update with Hourly Prime News

The global shift towards electric vehicles (EVs) has garnered significant momentum over the past few years, driven by increasing environmental awareness, advancing technology, and supportive policies. While new EV sales have been rising rapidly, the importance of a robust **used EV market** has started gaining attention within industry circles, policymakers, and environmental advocates alike. The auto industry emphasizes that for the EV revoluti…

Government must support used EV market says auto industry

A coalition representing the UK’s entire automotive ecosystem is calling on the government to take urgent action to support the used battery electric vehicle market. While the UK has committed to decarbonising road transport, the group warns that without targeted support for the used BEV sector, the transition to zero-emission vehicles is at risk. Representatives from more than 30 companies delivered the open letter to the Secretary of State for…

EV transition faces rocky road to competitiveness, reveals think tank report

A CEPS report reveals that Europe's EV transition faces major challenges threatening the competitiveness of its automotive industry.

UK industry calls on further support to the used EV market

A group of companies spanning right across the UK’s automotive sector have written a joint letter, co-ordinated by the BVRLA, to the Secretary of State for Transport, calling on more actions to support the UK’s growing used electric car market. With £1.4 billion allocated in last months Industrial Strategy towards supporting the ‘continued uptake of electric vehicles’, the group has called on some of this funding to be dedicated towards improvin…