Automobile industry Archives -

Europe’s biggest electric car battery refinery gets green light to boost UK industry

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Plans to build Europe’s largest lithium hydroxide refinery in Teesside have been given the green light, paving the way for the creation of 1,000 jobs and local sourcing of a key battery material. Redcar and Cleveland Borough Council have approved the plan for the plant, which is expected to produce the metal in refined form …

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New Euro 7 emissions regulations threaten an untimely end to petrol and diesel engines

Leave a Comment / Economy / By sadsadkari

In addition, vehicles will have to maintain these emissions for a decade and up to 125,000 miles, double the current requirement enshrined in Euro 6/VI regulations. There are also regulatory proposals regarding ammonia emissions, evaporated hydrocarbon emissions caused by refueling, cold start emissions that may involve electric catalysts, metering the amount of electric charging in …

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Petrol cars are finally cheaper to run than diesel as ‘starvation of fuel’ hits record high

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Diesel cars are now less profitable to run than petrol, an analysis has found, as drivers pay a record 24.5p more per litre. The growing price gap means the average gasoline car is now more profitable even if it doesn’t run as far per gallon, Telegraph analysis of government figures suggests so. On average, a …

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Musk defends his $ 56 billion salary package at Tesla | Business and Economics News

Leave a Comment / Economy / By sadsadkari

Elon Musk told a court he was completely focused on Tesla in 2017 when the electric car maker was in ‘crisis’ as he tried to refute claims that his $56 billion salary package was based on easy performance goals and approved by a compliant board. of directors. Tesla shareholder Richard Tornetta sued Musk and the …

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Trial begins over Tesla boss Musk’s $56 billion pay package | Business and Economy News

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A lawsuit over shareholder allegations that Tesla CEO Elon Musk’s $56 billion salary package was based on easily attainable performance goals, and that investors were duped into approving, has begun, Musk due to take a position later this week. A Tesla shareholder hopes to prove in the five-day trial that began Monday that Musk used …

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How Britain’s electric car revolution took a wrong turn

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“We recently launched our first home battery, and although we are enthusiastic about the product, we would have preferred to source battery cells from the UK if that had been an option,” he said. He estimates that the UK can only produce 50,000 car batteries a year, not even a tenth of what will be …

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‘Dedicated’ staff take pay cut to save electric vehicle champion Britishvolt

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Staff at struggling electric car battery start-up Britishvolt have taken a substantial pay cut as the company scrambles to secure its long-term future. Up to 300 staff at the firm championed by Boris Johnson will enter a pay sacrifice scheme for this month and executives will work for free, he announced on Wednesday. Britishvolt has …

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“People who think of a new car as a status symbol are wrong to do so”

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In her recent post, Lucy Denyer explained why she refuses to give up her old banger and, like thousands of other Brits, she questioned the logic of jumping into a new car when there’s no nothing wrong with the middle aged one. Likewise, Telegraph readers were eager to share their treasured memories of owning an …

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Is this the end of the road for hydrogen in Britain?

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While he believes hydrogen will eventually happen, Wrigley says the UK’s lack of foresight, planning and investment will leave us as another hostage to international fuel prices. “We will eventually ship hydrogen from Europe,” he says, “with prices determined by international gas markets.” Asked what would help the hydrogen cause in the UK, Wrigley was …

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Mercedes-Benz finally pulls out of Russia with a blow to the elite

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Mercedes-Benz must stop making and selling cars in Russia, dealing a blow to the country’s elite just three years after opening a 250m euro (£217m) factory in Moscow . The German automaker will sell its Russian subsidiaries to Avtodom, a local investor, for an undisclosed sum. Mercedes halted exports to Russia and ceased manufacturing in …

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