The latest news in the world of business automotive

GRIDSERVE Opens Europe's First Large-Scale EV Charging Hub at Gatwick Airport

Key Points:

• GRIDSERVE has opened a new EV charging hub at Gatwick Airport,?the first large-scale facility of its kind at a European airport.
• The hub boasts 30 chargers,?22 of which are ultra-fast,?capable of adding up to 100 miles of range to a car in just 10 minutes.
• The facility is powered by renewable energy,?with some of the energy coming from a GRIDSERVE solar farm.
• GRIDSERVE also plans to introduce 1MW charging for heavy goods vehicles in the future.

This is a significant development for electric vehicle travel, making it easier and faster than ever to charge your car while on the go. GRIDSERVE's commitment to renewable energy is also commendable, making this a truly sustainable solution.

Read the full article: [Gridserve opens new Gatwick site with 30 EV chargers | Autocar]

Vietnam's Vinfast to start UK sales later this year

Key Points:

• Vietnamese electric car manufacturer Vinfast is gearing up to enter the UK market before the end of 2024.
• The company, founded by Vietnam's richest person, Pham Nhat Vuong, already sells its VF 8 mid-size SUV in select European countries like France, Germany, and the Netherlands.
• While the UK model lineup hasn't been officially announced, the VF 8 offers a range of up to 293 miles on a single charge and starts at €50,990 (around ￡43,900) in France.
• Vinfast is enticing potential buyers with competitive specs and a generous 10-year/200,000km warranty.
• The company has been actively expanding its UK team, including hiring former Genesis UK head Andrew Pilkington as deputy CEO.

Vietnamese EV challenger Vinfast is setting its sights on the UK! Get ready for a new player in the electric car market, offering a competitive range, attractive warranties, and ambitious expansion plans.

Read the full article: [Vietnam's Vinfast to start UK sales later this year | Autocar]

BYD Revs Up Indonesia Expansion with $1.3bn EV Factory, Eyes Nickel Riches and Market Lead.

Key Points:

• Chinese EV giant BYD to invest $1.3bn in an Indonesian electric vehicle factory, its 6th overseas plant.
• Aim to become Indonesia's top EV brand, competing with Hyundai and Wuling Motors.
• Indonesia, rich in nickel for EV batteries, attracts BYD as it seeks closer overseas presence.
• BYD, the world's leading EV battery maker, expands aggressively despite Western protectionism.
• Targets 2-3 million overseas sales (excluding US/EU) and builds dedicated EV cargo fleet.

This move positions BYD as a major player in Indonesia's growing EV market and leverages its access to Indonesia's valuable nickel reserves. It also showcases BYD's ambitious global expansion plans, defying trade barriers and building its supply chain.

Read the full article: [China’s BYD to build electric vehicle plant in Indonesia (ft.com)]

Tomorrow's Journey and ANWB Team Up to Transform Dutch Mobility!

Key Points:

• A groundbreaking partnership between Tomorrow's Journey and the Royal Dutch Touring Club (ANWB) brings a seamless car subscription program to ANWB's 4.5 million members.
• This marks a major milestone in Dutch mobility,?offering a convenient and flexible alternative to traditional car ownership.
• Through the?JRNY platform,?ANWB members can browse many cars,?subscribe online,?and manage their subscriptions effortlessly.
• Custom integrations with Mollie (a popular Dutch payment system) and tailored accounting features ensure a smooth experience.
• This collaboration paves the way for the future of mobility in the Netherlands,?providing access to sustainable and flexible transportation options.

This is an exciting development for the Dutch automotive landscape, offering greater choice and convenience for drivers.

Read the full article: [Tomorrow's Journey and ANWB Join Forces to Revolutionize Mobility in the Netherlands (tomorrowsjourney.co.uk)]

Our CEO and Co-founder Chris Kirby sat down with Gulf Business to discuss his vision with Tomorrow’s Journey

Here are brief highlights of the points touched on in the interview:

Chris was driven by 15+ years of witnessing customer struggles in a rigid automotive industry. Recognising the shift towards digital and the demand for flexibility, he saw an opportunity to revolutionise car access.

Finding the right service and navigating unfamiliar investment terrain were initial hurdles. However, Tomorrow's Journey's key differentiators set them apart:

• White-labeled and customisable:?The platform adapts to diverse customer needs and brands.
• Comprehensive mobility support:?From test drives to long-term leases,?the JRNY platform caters to all types of flexible car access,?unlike competitors.
• Dynamic ecosystem:?One fleet serves various offerings,?managed seamlessly through the JRNY platform.

Chris emphasises the need for flexible, customer-centric solutions. Tomorrow's Journey's innovative platform bridges the gap, driving the industry towards a smoother, more accessible future.

Read the full interview here. (https://lnkd.in/dhZaVmgW)