bp ventures has invested £4 million in Dynamon, a UK-based software company specialising in developing advanced data analytics and simulation tools for commercial transport and logistics companies. The funding forms part of Dynamon’s Series A round, being raised to fully…
Category: Finance
SFS awarded new 7-year contract hire agreement by North Northamptonshire Council
North Northamptonshire Council has awarded a 7-year contract to Specialist Fleet Services (SFS) for providing and maintaining circa 45 vehicles. The contract commenced on 1 April, and some new vehicles – 10 x 26 tonne Dennis Eagle refuse vehicles fitted…
Ford accelerates electric car production with UK Government support
UK Export Finance (UKEF) backing worth £600 million will help Ford to expand its electric vehicle production line and deliver on its 2035 net-zero plan. Ford has doubled its commitment to the UK as its European hub for electric vehicle…
Fleet Vision International, Autumn 2022 has been published.
Read the latest issue now. by clicking here. Find out about food waste vehicles and hire, the hydrogen transition, electric vehicles and infrastructure, maintenance, the skills shortage, air quality and emissions reduction, and upcoming events such as OWL North and…
Wrightbus secures £26 million government-backed support in global pursuit of green transport
UK Export Finance (UKEF) is providing a Northern Ireland-based bus manufacturer with an 80% guarantee on its major financing deal from Barclays. The government guarantee is on an £18 million Green Trade Loan and £8 million Green Bank Guarantee, allowing…
Mina and Lightfoot partner to launch EV charging fraud prevention solution
EV Payment experts Mina, and telematics, driver coaching tech, and rewards platform provider Lightfoot, have announced their partnership to stamp out EV charging fraud for businesses with electric fleets. Their partnership comes at the height of EV demand and as…
Teignbridge District Council enters 20 year-relationship with SFS
2022 marks the 20th year that Specialist Fleet Services (SFS) has been the fleet provider to Teignbridge District Council. The council has recently decided to extend the current contract hire arrangement for another three years. Teignbridge awarded a third consecutive…
Blackburn with Darwen Council initiates a £1.3m fleet replacement scheme
Blackburn with Darwen Council’s executive board has approved a £1.3m fleet replacement programme to replace ageing and hired vehicles.
EV trendsetters: UK is currently ahead of the curve to meet the Government’s 2032 EV target – but for how long?
The UK is currently ahead of the required adoption curve to meet the Government’s 2032 EV target, according to the latest DfT statistics included in Volkswagen Financial Services UK’s first EV tracking report.
Editor’s blog – the challenge is urgent, but innovation is rapid
Fleet Vision International, Spring 2022, has been published.