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BMW i8 fetching 50% premiums in UK market

The BMW i8 (pictured) is commanding a 50% premium The simple rules of a capitalist market is that supply and demand dictate price. Which is why BMW’s i8 hybrid supercar is fetching premiums of up to 50 per cent. With the entire i8 supply sold out for the next year, those with deep enough pockets – and a compelling desire for an i8 – are turning to i8 owners who have already taken delivery and making them offer they can’t refuse.

UK has more EV charging points than electric cars

The UK has more charging points than EVs Department for Transport figures say that there are now more charging points in the UK for electric cars than there are EVs. Yes, we have little time for electric cars as anything more than urban runarounds for those with enough spare cash to pay through the nose for inferior technology. And it’s becoming clear that the great British car buying public feel much the same.

Ford posts $3 billion quarterly profit

Ford Motor Co. earned $3 billion in the fourth quarter, helped by a large gain from one-time tax items, and its full-year profit rose as U.S. sales and market share increased.