JANUARY 2026 NEW CAR REGISTRATION FIGURES
New car registrations rose 3.4% compared to January 2025. In what is typically a slow month, BEVs rose in total numbers but lost market share compared to a year ago. The industry is not confident it will meet the mandate target of 33% for 2026, when it comes to zero emission vehicles. The calls for the Government to re-evaluate the ZEV mandate grow in volume and validity. Click this article link, from SMMT, to read more.
STELLANTIS WRITES-DOWN €22 BILLION
On Friday, last week, Stellantis shocked the markets by announcing that they had written down €22 billion in a pivot from their EV focus. They have made the move as buyer interest is less than previous assumptions stated. You can read more, by clicking this Yahoo! Finance article link here.
Also announced was the news that the company are selling their 49% stake in NextStar Energy to LG Energy Solution. NextStar Energy was a joint venture between the two companies where Canada’s first large battery factory was to be built. If you want to find out more, click this Yahoo! Finance article link here.
Automotive Cells (ACC), which is backed by Stellantis, has stated that the planned battery factories in Italy and Germany will no longer be built. They have been on pause for some time. Click this Yahoo! Finance article link here, to read more.
JLR 2025 Q4 RESULTS ANNOUNCED
There is little shock that JLR announced a loss for the final three months of 2025, thanks to the fallout from the cyber attack. The company suffered a £310 million loss, with revenues down 39%. The cost of the attack has risen to £260 million. If you wish to learn more, click this EVO article link here.
TOYOTA GETS A NEW CEO
Toyota announced that they have appointed Kenta Kon, currently the Chief Financial Officer, as the new CEO from 1 April 2026. Koji Sato, who has only been in the role for three years, will move to the role of Vice-Chairman and Chief Industrial Officer. Details are yet to be made clear as to why this change is happening. To read more, click this electrive article link here.
OX DELIVERS IN RISK OF LIQUIDATION
Ox Delivers is the company that makes the OX, a low-cost flat pack electric truck, stated that they will go into liquidation on 5 February 2026 unless urgent investment can be found. There is no news on whether this has actually happened or not. A franchise, OX Rwanda, will continue to operate. Click this Autocar article link for more.
EZO CHARGERS ROLLING OUT TO NORTHERN SCOTLAND
EZO has started their project of doubling the charging infrastructure of north and north-east Scotland. Initial steps are converting 177 ChargePlace Scotland chargers to the EZO network. These are the first steps of a 20 year contract, awarded via the Scottish Government’s Electric Vehicle Infrastructure Fund. To read more on this story,