Porsche is developing a synthetic e-fuel plant in Chile with Siemens

Porsche invests in synthetic e-fuels


Porsche has announced that it has acquired a 12.5% stake in HIF Global LLC, a Chilean synthetic e-fuels company.
Tesla now accepts Bitcoin as payment, Elon Musk reveals

Musk buys 9.2% stake in Twitter


Tesla boss Elon Musk has acquired a 9.2% stake in the micro-blogging platform Twitter, a move that has sent share prices in the company soaring.
US oil prices drop below zero for first time in history

Petrol prices may fall by end of year


Petrol and diesel fuel prices are expected to fall much sooner than those of home energy gas, according to new analysis by the CEBR.
CMA: UK needs ten times more electric car charging points by 2030

Government aims for 10x charging points by 2030


The Department for Transport has announced funding of £500m to further expand and develop the UK’s public EV charging infrastructure.
New higher grade biofuel risks damaging hundreds of thousands of cars

Fuel duty cut is 'drop in the ocean' for motorists


The Chancellor of the Exchequer has announced a 5p per litre cut to fuel duty as part of an effort to combat the spiralling cost of living.
Fuel duty will be frozen for ninth consecutive year

Sunak may cut fuel duty after petrol price soars


The Chancellor, Rishi Sunak, is expected to announce a 5p reduction in fuel duty tomorrow in an effort to cushion the impact of spiralling prices
Ford pure-electric passenger cars plan by 2024

Ford announces nine pure-electric models by 2024


Ford has announced that it will launch seven new electric vehicles in Europe by 2024 including all-electric versions of its Puma and Transit.
Aston Martin to develop high performance battery technology with Britishvolt

Aston signs Britishvolt battery agreement


Aston Martin has entered an agreement with the Northumberland-based battery maker Britishvolt to collaborate on future battery technology develop
Car production line

Car industry responds to Ukraine crisis


The Russian invasion of Ukraine and subsequent sanctions has created yet more disruption for a car industry.

Extreme H series coming in 2024


Extreme H, a companion series to the all-electric Extreme E off-road racing championship, will launch in 2024 using hydrogen fuel cells in place
Lotus 131

Lotus Technology plans stock float


Lotus is planning to float its electric vehicle division - Lotus Technology - on the stock market in an initial public offering (IPO).
Aston Martin V12 Vantage S

Aston Martin to continue making V12s


Aston Martin will continue producing its V12 combustion engine until 2026 or 2027, while also pursuing electrification, according to the CEO.