In December, I published exclusive insight from a Bank of America Merrill Lynch (BAML) study showing that, thanks to policy changes in the UK, consumers and businesses could save thousands or tens of thousands of pounds by switching to an electric car.
The Tesla Model 3 has just won 4 awards from British car review magazine and car guide Parkers. One of those awards is the New Car Of The Year award for 2020. This is the first time an electric vehicle has been crowned with this award.
Apparently, the UK’s SMMT (Society of Motor Manufacturers & Traders) can’t be bothered to input the Tesla Model 3’s name into their model database. Despite being the 3rd best selling passenger vehicle in the country last month, the Model 3 goes by the name/label “Other” in the top 10 ranking. I guess “no emissions” means you get no name.
The first batch of Tesla Model 3s have been spotted in the UK, being shipped from the port in Dover/Folkestone and heading towards London. First deliveries are scheduled to begin in the coming week.
With the right-hand drive Model 3 currently in production, Tesla recently opened up orders for customers in the UK. Much fanfare surrounds the Model 3’s British launch. In turn, local automotive media outlets are now coming out with their own reviews of the American contender.
For this piece, I will use the information on Tesla’s website to determine if paying cash, taking a loan, or leasing is the best option if you want a Tesla Model 3 Standard Range Plus (SR+). The twist here is I did these calculations for Switzerland, Norway, the Netherlands, China, and the UK. These were some of the most popular markets for Tesla in Q1 2019. I added in the UK, since it has been suffering for 3 years and deserves some attention.
Patience is a virtue. After a long wait, UK customers can now place their orders for the Tesla Model 3 — for June delivery. Prices for the Standard Range Plus, which includes Autopilot, starts at £38,900 (on-the-road price, after incentives). Get your order in quickly if you want early delivery.
Owing to exceptionally high demand at the close of 2016, Tesla has postponed it’s planned price increase in the UK market until January 15.
Nissan LEAF sales in the UK continue growing strongly, despite the fact that a major refresh of the model will likely be released within a year or so. During the month of November, the LEAF was actually the fastest growing model, by sales numbers, in the whole of the UK’s competitive C-segment (small family car segment).
The UK is now home to its first Tesla Powerwall installation, following the purchase of one of the hyped energy storage systems by a solar-energy-system-owning electrician in Wales. The system was purchased, as one might guess, in order to allow the owner (Mark Kerr) and his family to better make … [continued]
