About to get a new company car? Have you considered an EV and the savings?

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Between now and the next couple of years, EVs are going to become more and more prolific, it is inevitable. Humans don't like change but when it is undeniably impending we tend to get on with it and start learning how to adapt. That said, we are all interested in savings, whether we are earning at the top or getting by in lower income streams and EVs can offer significant savings to those who have company cars. Businesses will be looking at EVs and so employees will have the privilege of looking at them too. So couple the change train that we are on as a nation and the savings you can have from going EV, have a look at this article from CleanTechnica and enjoy the food for thought. 

Oil could be dead with this killer combo!

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One of the biggest issues that EVs face today is their range. This is closely followed by their charging time or for the sake of comparison, their refuelling time is much longer than a traditional ICE vehicle. Just as a side note before we go on, the newest issue on the block is the cost of EVs but more on that in another post. We have at hand two critical aspects of transport itself, how far you can go and how quickly can you top up and keep going. Well, thanks to some interest in EVs shown by Mr Trump himself, there is now research showing the potential for batteries to last twice as long. On top of that awesome piece of news, the research also hints at charging time being greatly reduced. Putting the two together and you throw in the fact that you could actually do all your charging at home or at work, then you wield the killer combo to drown oil in its dirty emissions and leave it behind forever. 

CleanTechnica published an article expanding on all this research so head over here and have a read if you would like to know more.

A new £400m electric vehicle Charging Infrastructure Investment Fund and more!

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Directly from the PDF:

'In the Autumn Budget, the Chancellor announced a new package of measures to support the
uptake of electric vehicles in the UK. The measures support our ambitions for almost all cars and
vans to be zero emission by 2050 and for Government to be a world leader in the technology and use of electric vehicles. They will help to boost UK economic growth as well as reduce emissions of CO2 and air pollutants.'

What is very exciting is that the biggest hurdle so far in the EV revolution, the charging infrastructure shortage, is going to be directly addressed with a new £400m infrastructure fund to aid the development of infrastructure.

News source: CityEV

The Global Sales of EVs are up again!

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A snippet from the article that caught our eye at SeekingAlpha:

"Global electric car sales finished September 2017 with over 123,000 sales for the month, up 55% on September 2016. This was a record for the industry easily beating the previous record of 103,746 sales from last December. Year to date sales are up about 50% on the same period last year. Of note, 64% of all global electric car sales in 2017 are pure electric."

It looks like the EV revolution is growing faster than some expected as another article, from a1alimo, has shown that previous estimations have been smashed and the best one to look at is Bloomberg's latest change in their estimates!