BEST OF TODAY
// Peugeot to revive GTi badge with electric 208 hot hatch
A hot GTi variant of the electric e-208 will debut ahead of Le Mans 24 Hour race on Jun 13.
// Ingham franchises land awards
Nissan dealership on Auckland’s North Shore takes top gong while Cambridge business comes third. Two Ingham Nissan dealerships have been recognised as being among the marque’s top-performing retailers in the country by earning multiple honours in the 2024 Nissan Elite Dealer Excellence Awards.
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IN OTHER NEWS
// Successful eVTOL hydrogen testing in Sydney
Australia’s long-range electric vertical take-off and landing (eVTOL) aircraft could be ready for emission-free flight testing within a year.
// EV battery fires expose New Zealand regulatory gap – VIA
The fire that destroyed a North Shore recycling facility (on Thursday April 24) is a stark reminder of what’s at stake when battery systems outpace regulation.
// ‘Resilience’ key to success
Lower interest rates predicted to translate into “more robust demand” for vehicles. Turners Automotive Group anticipates continued “strong progress” over the next 12 months towards its medium-term goal of $65 million in net profit after tax (NPAT) even though the economic recovery is expected to be gradual.
// Nissan may sell its HQ to save funds
Amid a series of cost-cutting efforts (outlined here) in its fight for survival, Nissan may sell off its global headquarters.
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// No time to read?
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INTERNATIONAL EV NEWS
// “Social Leasing” Could Provide Affordable EVs to 3 Million Households in Europe
National schemes could be financed by the revenues generated by the EU’s carbon market and Social Climate Fund, analysis finds. It would enable many low and modest-income households to move away from dependence on combustion cars and fossil fuels.
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ONE LINERS
- Colour me Kompressed: The SLK that kickstarted a Mercedes revolution
- BYD registers more EVs in Europe than Tesla
- US EV demand ‘stable’
- AMI offers free roadside rescue with comprehensive car insurance
- MTA: Police must urgently clarify reported fuel theft “threshold”
- Toyota recognised again as New Zealand’s most trusted car brand
- BMW M2 CS on show: M reveals the look and very little else
OTHER STUFF
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