scrapped – All about car

Dyson EV scrapped Dyson filed the above patent for its first EV Dyson has abandoned its plans to develop and build an electric car, citing that it would not be commercially viable to bring to market. The British technology company has developed a prototype EV which boss Sir James Dyson is very pleased with. However, the cost of putting it into production means the plans to build it have been scrapped. Dyson said that a buyer for the project had been searched for, though ultimately unsuccessfully. As such, the reported 500 employees in the EV division of Dyson – based in Wiltshire – no longer have anything to work on. The project to build an EV was launched in 2019, with an investment of £2 billion. Half of the funds would be channelled into development of the car, and half into battery technology. Subsequent announcements revealed that the Dyson EV, although developed in the UK, would be built in Singapore. Plans were to put the model into production in 2021. There have been a number of EV-based start-ups announce plans over the past five years or so, but few if any have successfully brought anything to market. Since Tesla, only Rimac and Polestar can be credited with any real success in the European market. The former now has backing from Porsche and is developing batteries for major automotive manufacturers, while Polestar is backed by an established manufacturer in the shape off Volvo. Add in US firm Rivian – which is expected to prove successful but does not yet sell any models – and the number of failed/failing EV ventures far outstrips those that have stayed or look set to stick. It was expected that Dyson, considering its background as an established premium technology business, would have stayed the course too, but it seems the numbers ultimately haven’t added up for the firm. A number of industry commentators are not particularly surprised, with a number reckoning that the initial of £2 billion being around a tenth that of what is required to make an impact on the EV market. Still, it is a shame that such a project could not get off the ground, both for the EV sector and the UK’s ambitions to be a major player in the automotive electric vehicle market. Dyson plans to continue its investment in battery technology, but the vehicle development will cease.
Origin: Dyson EV scrapped

BIK rates scrapped for EVs in 2020-21 The government aims to promote EV uptake with zero BIK rates HM Treasury has announced Company Car Tax rates up until Financial Year 2022-23, and plans to use reduced rates for zero tailpipe-emission models to boost sales. With new figures, the government aims “to accelerate the shift to zero emission cars, all zero emission models will pay no company car tax in 2020-21, 1% in 2021-22 before returning to the planned 2% rate in 2022-23”. All pure-electric models will pay zero BIK for FY 2020-21, 1% in 2021-22, and then 2% in 2022-23. From there, the ratings are divided between those models registered before 6th April 2020, and those registered afterwards. Company Car Tax BIK Rates April 2020 to March 2023Cars first registered from 6th April 2020 Vehicle CO2(g/km) Electricrange(miles) FY 2020-21%BIK Rate FY 2021-22%BIK Rate FY 2022-23%BIK Rate 0 0 1 2 1-50 130+ 0 1 2 1-50 70-129 3 4 5 1-50 40-69 6 7 8 1-50 30-39 10 11 12 1-50 12 13 14 51-54 13 14 15 55-59 14 15 16 60-64 15 16 17 65-69 16 17 18 70-74 17 18 19 75-79 18 19 20 80-84 19 20 21 85-89 20 21 22 90-94 21 22 23 95-99 22 23 24 100-104 23 24 25 105-109 24 25 26 110-114 25 26 27 115-119 26 27 28 120-124 27 28 29 125-129 28 29 30 130-134 29 30 31 135-139 30 31 32 140-144 31 32 33 145-149 32 33 34 150-154 33 34 35 155-159 34 35 36 160-164 35 36 37 165-169 36 37 37 170+ 37 37 37 Those models registered before that date will see BIK rates frozen for all financial years until 2022-23, while those registered from that date will effectively see BIK rates cut 2% for each band. The reason behind this is that the figures will be based on WLTP data, which a government review has found varies greatly between precious NEDC figures depending on make and model. Data showed CO2 values for cars tested under both protocols varying from 7% to 40%, though an average increase of 20%-25% was found. Cars with smaller engines tended to see above average increases in CO2 figures, and diesel cars were impacted upon slightly more than petrols. Next Green Car will update its BIK rate rules for models as soon as possible, now that this fresh information has finally come through from the government.
Origin: BIK rates scrapped for EVs in 202021