H
technology
H
HOYONEWS
HomeBusinessTechnologySportPolitics
Others
  • Food
  • Culture
  • Society
Contact
Home
Business
Technology
Sport
Politics

Food

Culture

Society

Contact
Facebook page
H
HOYONEWS

Company

business
technology
sport
politics
food
culture
society

CONTACT

EMAILmukum.sherma@gmail.com
© 2025 Hoyonews™. All Rights Reserved.
Facebook page

Tesla sales in Europe slump 40% as BYD new car registrations more than triple

3 days ago
A picture


Tesla sales slumped 40% across Europe in July compared with a year earlier as Elon Musk’s electric car company faces increasingly tough competition from its Chinese rival BYD.There were 8,837 sales of Tesla cars last month across the EU, the European Free Trade Association and the UK, according to figures from the European Automobile Manufacturers’ Association (ACEA).That compared with 14,769 at the same point last year.New car registrations for BYD across Europe rose to 13,503 last month, compared with 4,151 a year earlier.BYD now has 1.

2% market share, the ACEA found.Tesla’s share remains at 0.8%.Chinese car brands, which often have relatively cheaper models, have been expanding aggressively in Europe.BYD outsold Tesla in Europe for the first time this spring, according to a report from the market research company JATO Dynamics.

In the UK the government said on Thursday that the US car brand Ford would be the first manufacturer to receive the maximum £3,750 subsidy on two models: the Gen-E and the e-Tourneo Courier.A further 26 other models will be eligible for grants of £1,500 under the government’s new electric car grant scheme.The grants apply only to vehicles with a list price of £37,000 or below.The discount is applied automatically at the point of sale.Heidi Alexander, transport secretary, said: “We’re putting money back in people’s pockets and making it easier and cheaper for families to make the switch to electric, by delivering discounts of up to £3,750 on EVs.

“Our measures are driving competition in the UK EV market, boosting economic growth and supporting jobs and skills as part of our plan for change.”Separately, the Society of Motor Manufacturers and Traders said UK car production rose for a second month in a row in July, by 5.6%.However, the SMMT chief executive, Mike Hawes, said it was a turbulent time in the market, with “consumer confidence weak, trade flows volatile and massive investment in new technologies under way both here and abroad”.Sign up to Business TodayGet set for the working day – we'll point you to all the business news and analysis you need every morningafter newsletter promotionACEA also reported that in the first seven months of 2025, 1.

011m new battery-electric cars were registered, accounting for 15.6% of the EU market share.Hybrid-electric car registrations proved more popular, with 2.255m units sold across the EU so far this year.The rise was driven by growth in the four biggest markets: France, up 30.

5%, Spain, up 30.2%, Germany, up 10.7, and Italy, up 9.4%.Sigrid de Vries, director general of ACEA, said that to accelerate uptake Europe “must continue to expand public recharging infrastructure, secure lower recharging prices, and ensure well-coordinated purchase incentives schemes”.

politicsSee all
A picture

Police warn protesters not to travel to Epping after asylum hotel ruling – as it happened

The leader of Epping Forest district council has called for calm after the court of appeal ruled asylum seekers can stay at the Bell hotel in Essex.Councillor Chris Whitbread told Times Radio:I call for calm. There’s been peaceful protests and there’s been non peaceful protests outside the hotel.He added:We saw yesterday the government say that asylum seekers have more rights than my residents. I’m really cross with this ruling

1 day ago
A picture

Court orders seizure of counterfeit underwear seller’s £90m assets

A self-styled clothing tycoon who sold counterfeit socks and pants while operating an extensive fraud ring will have all his UK assets seized after the Crown Prosecution Service won a court order to confiscate up to £90m worth of property and luxury cars.Arif Patel, 57, from Preston, Lancashire, who has been on the run since 2011, will have homes and business premises he owned taken from him after a confiscation order granted by a judge at Chester crown court on Thursday.His Ferrari 575 Superamerica will be sold at auction, as will property in Morocco, the United Arab Emirates, Saudi Arabia and Turkey.Patel masterminded a gang that was convicted in 2023 of one of the UK’s biggest VAT tax frauds in HMRC’s history.In a sequence of trades known as carousel fraud, he moved goods between different companies, creating false export and import records that he used to claim back large sums from the tax authorities

1 day ago
A picture

Not monsters, but truly monstrous | Brief letters

All I learned from Nick Clegg’s interview (‘If the people who ran Facebook were monsters, I wouldn’t have worked there’: Nick Clegg on tech bros, Trump and leaving Silicon Valley, 23 August) is (a) his fawning homage to his former boss means that he is keeping his career options open and (b) he still doesn’t get why people despise him for his role in the coalition government. Zuckerberg, Cameron and Osborne may not be monsters, but the real harms they have wrought and their lack of any kind of accountability, responsibility or contrition are truly monstrous.Simon CollinYate, Gloucestershire A letter (22 August) perpetuates the claim that Angela Rayner is bent on selling off allotments for development. It isn’t true, as is clear from a close reading of your 5 August article, which unfortunately had the unhelpful headline “Jeremy Corbyn warns rules on council asset sales threaten allotments”. They don’t, they haven’t been changed, and sales have actually fallen slightly

1 day ago
A picture

How to tax the wealthy without a wealth tax | Letters

Faiza Shaheen is misguided in her advocacy of a wealth tax (Rachel Reeves needs to find cash fast. A wealth tax really is her only viable option, 22 August).There are far more practical policies available to tax wealth as part of the progressive narrative. These are based on the idea of taxing the income from wealth rather than taxing wealth directly.This is the approach of Prof Richard Murphy’s Taxing Wealth Report 2024, which estimated a tax yield of £90bn a year from its proposals

1 day ago
A picture

Reform UK council removes St George and union flags over safety fears

A Reform-led council has started to remove flags and bunting displaying the St George’s cross and the union flag after concerns were raised that they could cause accidents.Durham county council issued a statement on X on Friday saying that while the council “understand and respect the community’s desire to express national pride, celebration, or remembrance, it is important to ensure such expressions do not compromise public safety”.The council claimed it had been “left with no choice but to remove bunting” after a risk assessment found that “rope involved was so strong that, had a high-sided vehicle driven into it, the poles it was attached to could have been pulled down”.The statement said the council’s “priority remains ensuring the safety and integrity of the highway network, while being mindful of, and responsive to, the communities we serve”. It encouraged residents “to consider safer and more appropriate locations for flags or other displays that do not involve highway infrastructure and conform to all appropriate standards and regulations”

2 days ago
A picture

Starmer names former Bank deputy governor as his chief economic adviser

The former Bank of England deputy governor Minouche Shafik is set to join Keir Starmer’s team as chief economic adviser.In a boost to the prime minister’s office in the run-up to the autumn budget, Lady Shafik is expected to take on the role after a year heading a Foreign Office review of the government’s foreign aid spending.A member of the House of Lords, Shafik resigned last year as the president of Columbia University after criticism of the treatment of Jewish students during anti-Israel protests at the institution’s New York campus.Shafik was previously head of the London School of Economics, a deputy governor of the International Monetary Fund and the top civil servant at the now defunct Department for International Development. In 2019 she was touted as a possible contender to replace Mark Carney as the Bank of England’s governor

2 days ago
cultureSee all
A picture

Scott Quinnell’s son delights Welsh rugby fans as drag queen Heidi Heights

2 days ago
A picture

Embroidering history: the V&A should take a pluralistic approach in the Middle East | Letter

3 days ago
A picture

Susan Sarandon, Whoopi Goldberg and Caliban’s take on The Tempest: the best theatre, comedy and dance of autumn 2025

3 days ago
A picture

The Burning Man Orgy Dome: welcome to the latest festival disaster

4 days ago
A picture

Olivia De Zilva: the 10 funniest things I have ever seen (on the internet)

4 days ago
A picture

Isabelle Huppert to headline 2026 Adelaide festival in ‘astounding’ role as Mary, Queen of Scots

4 days ago