Tekion, the automotive retail platform headed by a former Tesla CIO, just tripled in value

A year ago, we told you about the opportunity that former Tesla CIO Jay Vijayan was chasing. His plan? To pull car dealers into the 21st century with a snazzy end-to-end automative SaaS platform like the one he helped develop inside Tesla. Customers could use it to order a car to their precise specifications; dealers […]

UK car sales plunge but electric vehicles soar to record amid fuel crisis

Global chip shortage helps push car registrations to lowest level for more than two decadesThe number of electric cars sold in the UK last month neared the figures for the whole of 2019, with panic-buying at the petrol pumps expected to accelerate cons…

Electric cars: Ofgem plans easier way for drivers to sell energy back to grid

Proposal by Great Britain’s regulator is to help make the switch from fossil fuel cars more affordableOfgem plans to make it easier for electric vehicle drivers to sell the energy stored in their car batteries back to power grid as part of a move to he…

UK economy still faces major challenges despite return to ‘normality’ | Richard Partington

‘Freedom day’ was supposed to bring business as usual but Nando’s is out of chicken and carmakers are low on chipsFirst there were empty supermarket shelves and “pingdemic” staff shortages; now Nando’s is out of chicken and the car industry short of ch…