News
Geotab data points to modest rise in EV battery degradation as fast charging use grows
1+ hour, 45+ min ago (585+ words) Updated analysis of more than 22,700 vehicles shows average annual degradation at 2.3%, with charging power the main variable Updated electric vehicle battery health data from Geotab suggests modern EV batteries continue to perform consistently across their operational life, despite a wider…...
Leasing Life Conference 2025 to focus on AI and digital transformation
1+ mon, 3+ week ago (118+ words) The 22nd Annual Leasing Life Conference kicks off today at Hotel Adlon Kempinski Berlin, Germany, bringing together leading figures from the leasing and asset finance industry to discuss how technology, sustainability, and regulation are reshaping the sector. Global trends & digital transformationThe…...
London to end full congestion charge exemption for EVs
1+ mon, 4+ week ago (233+ words) Fleet operators and motor finance providers face new cost and compliance considerations under revised discount scheme Transport for London (TfL) has confirmed that from 2 January 2026, electric vehicles (EVs) will no longer be fully exempt from the Congestion Charge in central…...
Consumer car finance new business volumes rose 5% in September 2025: FLA
2+ mon, 1+ day ago (363+ words) Newly released figures from the Finance & Leasing Association (FLA) has indicated new business volumes in consumer car finance grew by 5% in September 2025 compared with the same month in 2024." The value of new business increased by 9% in September 2025 as against the…...
RTS Group to host webinar on Autumn Budget implications for auto sector
2+ mon, 2+ day ago (260+ words) Event to examine Government policy shifts and their impact on zero-emission vehicle targets and funding RTS Group will host a webinar on Thursday, 27 November at 10:00 a.m., aimed at providing analysis of Chancellor Rachel Reeves" Autumn Budget and its implications for the…...
The road to autonomy runs through infrastructure, not just innovation
2+ mon, 3+ day ago (493+ words) The UK automotive industry is watching the rise of autonomous vehicles (AVs) with growing anticipation. London has become the nation's testing ground, with self-driving taxi and bus trials fast-tracked for spring 2026, and the Automated Vehicles Act due to take effect…...
Used EV sales surge 44% as motor finance sector reacts to SMMT Q3 data
2+ mon, 3+ day ago (366+ words) Industry voices highlight growing demand for used EVs and warn against tax changes that could limit supply The UK's used car market grew by 2.8% in the third quarter of 2025, with the strongest growth coming from battery electric vehicles (BEVs), according…...
Geely Auto UK's debut signals confidence and exposes challenges in Britain’s EV transition
2+ mon, 1+ week ago (873+ words) Geely Auto UK enters a crowded market with ambition, partnerships and pragmatism, but its arrival highlights deeper structural and geopolitical questions for Britain's automotive industry. "We're not here simply to sell cars, we're here to bring a better EV solution…...
Alps launches fleet GAP insurance product in partnership with AMS
2+ mon, 1+ week ago (307+ words) New policy targets commercial fleet operators with extended cover and multi-year terms Alps, a managing general agent (MGA) focused on add-on insurance and claims solutions, has introduced a new GAP insurance product tailored for commercial fleet operators. MGA's are a…...
Stellantis, NVIDIA, Uber and Foxconn sign MoU to explore Level 4 robotaxi
2+ mon, 2+ week ago (423+ words) Partners to combine vehicle platforms, AI software, systems integration and ride'hail operations with US pilot roll'out planned from 2028 and an initial Uber fleet target of 5,000 units Stellantis has announced a memorandum of understanding (MoU) with NVIDIA, Uber Technologies and Foxconn…...