Plans to cut UK welfare spending by billions of pounds could have an unexpected consequence: undermining the country’s push to increase sales of zero-emission vehicles.
Billionaire Jim Ratcliffe suffered a fresh setback at his money-losing auto business, recalling more than 7,000 vehicles in the US after customers reported that doors on their SUVs flew open while driving.
After the collapse of Britishvolt Ltd., another startup is having a go at making batteries in the UK. This one, though, doesn’t plan on building its own in-house technology or racing to build a giant battery factory.
The billionaire Ambani family won the bidding battle for a stake in the Oval Invincibles cricket team in London, after interest from private equity firms and Silicon Valley executives.
The UK surpassed Germany to become Europe’s largest electric-car market as the country’s EV sales mandate helped it buck a demand slowdown elsewhere in the region.
Aston Martin Lagonda Global Holdings Plc will begin making its first plug-in hybrid supercar in 2025 — four years later than originally planned — as the luxury carmaker tries to revive its fortunes.
One in four new cars registered in the UK last month were fully electric, bolstering clean-energy advocates’ argument that the country’s EV sales mandate is working.
Stellantis is shutting down its Vauxhall factory in Luton after 120 years, as the UK government grapples with the balance between new vehicles and older jobs.