Manufacturers, insurers and battery makers bet big on EVs

Michael Holder
clock • 5 min read

Lured by higher profit margins, Melrose Industries has outlined plans to invest around £250-300m in the electric vehicle sector

As diesel sales continue to plummet, the electric vehicles ecosystem is developing fast in the UK, with manufacturers, insurers and corporates announcing major investments in EV travel this week. First...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

'Maturing segment': Used EVs selling five days faster on average than petrol and diesel models

'Maturing segment': Used EVs selling five days faster on average than petrol and diesel models

Used EVs sales increase by 52 per cent year-on-year, new Autotrader data reveals

Stuart Stone
clock 09 January 2026 • 3 min read
Electric van sales deliver new record in 2025

Electric van sales deliver new record in 2025

Demand for electric vans rises, but analysts warn roll out remains 'well below' mandated level

clock 07 January 2026 • 3 min read
'Another bumper year': UK sales of new electric vehicles surpass 470,000 in 2025

'Another bumper year': UK sales of new electric vehicles surpass 470,000 in 2025

Campaigners argue ZEV Mandate 'is functioning as intended', as data indicates carmakers met their EV sales targets for second year running

Michael Holder
clock 06 January 2026 • 7 min read