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UK Government cuts car aid, EV grants at risk

By Tim Pollard Motor Industry 30 June 2010 15:48 Britain's business secretary Vince Cable today fired a warning shot across the bows of the car industry, saying that subsidies would end and warning that the pledged £5000 subsidy off the first electric cars was in peril.'Our starting point is very clear,' he told delegates at an automotive summit arranged by the Society of Motor Manufacturers and Traders. 'We've moved on from the era of subsidies. We just have to be realistic about what's affordable.'Cable said the new coalition Conservative-Liberal Government had not yet decided whether or how to implement the new low-carbon vehicle subsidies promised under Labour, which had set aside £250m in initial funding.'It is still actively under consideration,' said Cable.

Audi A2 EV & A1 Range-Extender dropped

It seems Audi is getting cold feet on its electric car plans with the Audi A2 EV and the Audi A1 Range-Extender reported to be dropped. It’s starting to look as if car makers are waking up to the reality that electric cars are not something car buyers, on the whole, want to spend their hard earned cash on. We recently reported that the BMW range of EVs is being re-thought with the BMW i3 likely to be just a range extender and plans to extend the i-BMW beyond the i3 and i8 Supercar put on ice.

Asda starts new fuel price war

DRIVERS are set to keep some extra money in their pockets with the announcement that Asda is to cut its fuel prices. From tomorrow the firm’s forecourts will knock 2p per litre off both its unleaded and its diesel. If past trends continue, rival supermarkets Tesco, Morrisons and Sainsbury’s are expected to follow suit and reduce their own fuel prices.