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Yahoo
5 hours ago
- Yahoo
UK car market set for strongest year since before Covid pandemic
The UK's car market is on track for its strongest year since before the coronavirus pandemic, according to new analysis. Online vehicle marketplace Auto Trader said it expects two million new and 7.75 million used cars to be sold across the whole of 2025, as older, budget-friendly models drive growth. The total of 9.75 million would be a 3% increase on last year's figure of 9.5 million (1.9 million new and 7.6 million used). It would also be the highest annual total since 10.3 million (2.4 million new and 7.9 million used) in 2019, before the virus crisis began. Auto Trader said there was a surge in demand for used cars aged five to 10 years. It predicted that by the end of the year there will be 10.1 million of these cars on UK roads, up from 8.7 million in 2017. Vehicles at least a decade old are expected to make up 26% of the 32.8 million cars licensed in the UK, compared with 23% in 2019. Auto Trader said disruption to new car production caused by the pandemic means there is a shortage of cars aged three to five years. Ian Plummer, Auto Trader commercial director, said: 'UK car sales are on course to reach their highest level for six years, which is testament to the underlying strength of consumer demand. 'We've seen more than half a billion visits to our website in the first half of this year – an all-time high. 'What's particularly striking is the surge in appetite for older, budget-friendly vehicles – especially those aged five to 10 years – which are now the fastest-selling part of the market. 'The Covid effect is still playing through the UK car market and will continue to do so for years to come.' Nearly a third of all Auto Trader advert views are for cars priced under £7,000. Sales of used cars in 2025 are up 2% year-on-year but the full-year for new car registrations is forecast to be flat.
The Drive
21 hours ago
- The Drive
This 24,000-Watt Scooter Is Going for a 100+ MPH Speed Record at Bonneville
The latest car news, reviews, and features. A British outfit called Bo makes a sleek little electric scooter called the Model-M. The best variant claims a 22 mph top speed and a 40-mile range for $2,500. Sounds pricey but practical. The prototype Turbo model is another story—it's gunning for triple-digit speeds at the Bonneville salt flats next month. Bo has been around since 2022, but seems to be on a bit of a marketing blitz—last week, it released a teaser video of somebody clad in full Moto GP-looking garb absolutely ripping through a tunnel on its Turbo model concept, and it seems to be loaning out the more socially acceptable Model M to journalists for test rides. My old buddy Matt Hardigree was recently test-riding one and seemed to dig it. The Bo website says the company's engineers left Formula 1 to work on scooters 'because we think electric scooters are the most important vehicle innovation of this century.' Bold! I have fond memories of the Bird scooter fad when I lived in LA—I rode one all the way from Culver City to Marina Del Rey one time, it was fun and took about the same time as driving in traffic. But then everyone got sick of them, threw them into the ocean, and I haven't seen them littering the streets of any city in years. Bo is obviously looking to get away from the disposable vibe, which I appreciate. The Model-M is being framed as an elite alternative to janky Bird and Lime scooters. Though to be honest, it still looks like every other scooter to me, just with one extra layer of aluminum skin to give it a slightly softer Cybertrucky look. Not hating—I think electric scooters are fun, and $2,500 for an exceptionally well-made one that can go 40 miles doesn't seem too outrageous. But there's no need to go ga-ga over everything that's finished in big planes of plain silver. The Bo Turbo and a regular Model M on the right. Bo As for the super-fast Turbo models, Wired reported you can buy one for $30,000, but I think you gotta know a guy to get the hook-up—there's no option for it on Bo's consumer site yet. It reportedly produces over 24,000 watts of juice with a high-power dual motor controller setup developed with partner Rage Mechanics, which is a French company making all kinds of high-performance electric microvehicles. This looks way better to me than the Apple/Tesla aesthetic everyone seems to love. That said, I'm still not in the market for a $25,000+ scooter. Rage Mechanics That sent me down a rabbit hole into the world of electric scooter racing and Rage Mechanics' previous accomplishments. The company already claims a 106+ mph top speed with its RM-X model, a French-made scooter you can buy for about $26,500 that looks far cooler than the Teslaesque Bo in my humble opinion. So I guess that's what the Bo Turbo will have to beat to properly claim its speed record. Get a load of this madness: Bo says, 'Over 24,000W delivers blistering acceleration, advanced traction control adjusts the balance of power to the wheel with most grip, resulting in maximum thrust.' But I think the main thing Bo is trying to show off is its stability assistance tech called Safesteer. That's the brand's stabilization system that supposedly counteracts rider twitchiness. Top Gear reviewed one of these in 2023 and described it as 'torsion springs to stabilise the steering and reduce twitchiness and kickback.' Safesteer is on the regular Bo scooters—the Hope V4 disc brakes and floating rotors of the Turbo model are not. Nor is the extreme power output or ram-air intake for cooling Bo As a technology showcase stunt, this is a neat idea, and I wish their test pilot all the luck getting this thing to triple digits and back to a stop safely. Couldn't be me—I'm happy with neighborhood bicycle speeds on anything with wheels smaller than my face. If you're suddenly finding yourself wondering what kind of performance you could get on a cheaper e-scooter, there's plenty more room in this rabbit hole. Jump in, I already found one on Amazon that claims it'll do 50 mph for $1,500. Ridden or created any extreme tiny-wheeled machine? I want to hear about it! Drop me a note at
Hamilton Spectator
a day ago
- Hamilton Spectator
Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today
BREA, Calif., July 28, 2025 (GLOBE NEWSWIRE) — via IBN – Bollinger Innovations, Inc. (Nasdaq: BINI) ('Bollinger Innovations' or the 'Company'), an electric vehicle ('EV') manufacturer, today announces that the Company's previously announced name change from Mullen Automotive Inc. to Bollinger Innovations, Inc. is effective July 28, 2025. The Company's Nasdaq stock symbol change to BINI is effective as of the market open on the same date. The CUSIP number for the Company's common stock is not affected by the name or stock symbol change. The Company's name and stock symbol change has no affect on the Company's legal structure or business operations. Stockholders are not required to take any actions in connection with these changes. 'Our transition to Bollinger Innovation is complete and we now have commercial Class 1, 3 and 4 under one unified brand,' said David Michery, CEO and chairman of Bollinger Innovations, Inc. About Bollinger Innovations, Inc. Bollinger Innovations, Inc. (NASDAQ: BINI), effective July 28, 2025, and formerly, Mullen Automotive Inc. (Nasdaq: MULN), is a Southern California-based automotive company building the next generation of commercial electric vehicles ('EVs') with U.S. based vehicle manufacturing located in Tunica, Mississippi. As of January 2024, both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are California Air Resource Board ('CARB') and EPA certified and available for sale in the U.S. The Company's commercial dealer network consists of seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets. In September 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support. To learn more about the Company, visit . Forward-Looking Statements Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as 'continue,' 'will,' 'may,' 'could,' 'should,' 'expect,' 'expected,' 'plans,' 'intend,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential' and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Innovations and are difficult to predict. Examples of such risks and uncertainties include but are not limited to Bollinger Innovations plan and timeframe related to changing its Company name and stock symbol. Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Innovations ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Innovations ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Innovations ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Innovations ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Innovations business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Innovations business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Innovations business; (x) Bollinger Innovations ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Bollinger Innovations with the Securities and Exchange Commission. Bollinger Innovations anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Bollinger Innovations assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Innovations plans and expectations as of any subsequent date. Contact: Bollinger Innovations, Inc. +1 (714) 613-1900 Corporate Communications IBN Austin, Texas 512.354.7000 Office Editor@
