
As suspected, following appeals against the Financial Conduct Authority’s (FCA) ruling and redress scheme, the FCA has announced that payouts will be delayed until 2027, if it goes ahead at all. The appeals have argued for the scheme to be quashed due to the claim that the rules governing it are illegal. For more in this, click the link here for a MotorTrader article.
FOLLOW UP: INDUSTRY CALLS ON THE EU AND UK TO REACH NEW BREXIT DEALIndustry bodies for both the UK and European car manufacturers have called on both governments to reach a new ‘Rules of Origin’ deal that will allow for tariff free importing and exporting of cars and parts made in either area. This runs out at the end of this year. If you want to find out more, click this electrive article link here.
REPORTS THAT GOVERNMENT TO REDUCE MANDATE LEVELSOver the weekend news broke on the rumour that the Government is set to reduce the required zero emission vehicle mandate level to 50% for 2030, instead of the 80% it is currently at. This is just a couple of weeks after the latest Carbon Budget claimed it would be at 95% and recently that they would not begin a review into levels until next year. To learn more, click this Autocar article link here.
GOVERNMENT BEGINS REVIEW OF PUBLIC CHARGING COSTSAfter promising to do so, in the 2025 Budget, the Government has finally commenced the review into public EV charging costs. All are aware of the disparity between home and public charging prices and with more buying EVs who have no access to home charging the penalties can make the financial case for sticking with ICE. The review is looking at why the costs are what they are, how they might move between now and 2030 and what can be done to reduce them. The report into all this is expected in the autumn of this year. Click this EV Powered article link here to read more.
AION LATEST CHINESE BRAND TO OPEN SHOWROOMS IN THE UKAion has opened a number of UK showrooms, in a first for the Chinese GAC Group. This brand is positioned as ‘upper-mainstream’ by GAC and will be selling the Aion V, an electric SUV, initially. This will be followed by the Aion UT hatchback, later in the year. To see where they are now based, click this EV Powered article link here.
NEW DATA PRIVACY SERVICE LAUNCHEDEngenius has launched their Engineius DataClear service, with the help of Privacy4Cars. This will delete in-car personal data from the vehicle, with a report to providing a paper trail to confirm it has taken place. Not only does this help customers but also complies with GDPR requirements. For more on this, click this MotorTrader article link here.
Audi has revealed the third generation of their l