Battle for vehicle tech intensifies as digital giants wade into market
Europe was the most active autotech M&A market in 2018 with 39% of deal activity, ahead of North America and APAC, yet accounted for only 7% of total global M&A transaction value. The latest research from GP Bullhound reveals M&A activity in autotech across Europe, Asia and North America has steadily increased in the last […]
Confusion over laws & regulation impacting EV adoption
Confusion around regulations on electric car adoption is actually preventing environmentally friendly vehicles from taking off in the UK. According to research from YouGov Custom, only 2% of households currently own a hybrid car, with only 1% owning an electric. Laws that will eventually ban diesel and petrol cars are slowly being introduced around the […]
‘Major re-think’ needed on EV infrastructure
Social divides in communities could be deepened with millions of people set to miss out on the environmental and financial benefits of electric vehicles (EVs), a new report concludes. The Localis report – ‘Smart Cities: Fair investment for sustainable growth’ – argues that outdated energy and infrastructure policies must urgently be modernised, and local network […]
More companies looking to offer employees vehicle benefits
Research has revealed higher levels of interest from different businesses looking to provide vehicle solutions to their employee base. “Many businesses are looking for ways to improve their benefits offering to employees but at zero or little cost,” said Richard Cox, Fleet Consultant at Arval. “Extending vehicle provision is an excellent solution to this need, […]
Ford using ‘big data’ in London to predict traffic incidents
Ford claims it has come up with a means by which so-called ‘big data’ could potentially help cities identify locations most likely to be the scene of future traffic incidents. Its Smart Mobility division has spent the last year recording 1 million kilometres of vehicle and driver behaviour in and around London. The company tracked […]
Our friends electric: 89% of UK fleets to change to electric before 2030
89% of UK-based fleet managers expect electric vehicles (EVs) to play a major role in their businesses fleet by 2030. The research, published by Geotab, also revealed that almost half of the 250 fleets surveyed in the UK do not currently have any EVs. 48% of those polled said Government initiatives were a leading motivator […]
