EVs, plug-in hybrids’ reliability concerns ease but still lag gas-powered peers, survey shows

(Reuters) – Electric vehicles and plug-in hybrids are seeing concerns over their reliability easing but they still lag gas-powered vehicles, a survey by an influential U.S. non-profit organization showed on Thursday. EVs now have 42% more problems than their gas-powered counterparts, down from last year’s 79%, according to the Consumer Reports (CR) annual auto reliability …

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UK firms flag over $1.4 billion in labour costs from increase in national insurance, wages

(This Nov. 27 story has been corrected to say that Pets At Home and Halfords expect an increase in costs from a rise in both NIC and minimum wages, not just NIC) (Reuters) – British companies have flagged an increase of 1.1 billion pounds ($1.40 billion) in labour costs related to a rise in employers’ …

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Five investors in UK Sizewell C nuclear stake bidding process, developer says

By Susanna Twidale LONDON (Reuters) – Five investors are involved in the bidding to take potential stakes in the Sizewell C nuclear plant being built in Britain by the government and France’s EDF, the project developer told Reuters on Thursday. Britain’s Labour government has said nuclear plants will play an important role in helping the …

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Analysis-China automakers pivot to hybrids for Europe to counter EV tariffs

SHANGHAI (Reuters) – Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to …

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