Major Carmakers Back UK Self-Driving AI Startup Wayve
Mercedes-Benz, Nissan and Stellantis have taken stakes in Wayve, a UK-based self-driving technology company.
The investment is part of a $1.2 billion funding round, valuing Wayve at around $8.6 billion. The move highlights growing global confidence in UK-developed autonomous driving technology and reinforces Britain’s role as a key hub for AI and mobility innovation.
Polestar Expands Smart Charging and Grid Rewards for UK Drivers
Polestar has expanded its Polestar Energy offering, bringing grid rewards and car-controlled smart charging to UK customers. The update is designed to reduce total ownership costs by enabling drivers to charge at lower-cost times while supporting grid stability.
Eligible models, including the Polestar 2 and Polestar 4, can now benefit from smart charging without the need for a specialist home charger. UK drivers could save up to £260 per year depending on usage and tariff, making EV ownership more accessible and cost-effective.
Chinese EV Brands Gain Momentum as UK Market Watches Closely
The Dolphin Surf, launched last summer, added 3,007 vehicles to BYD’s January total, making it the third best-selling EV in the small car segment. Strong demand for models from BYD and Chery helped Chinese manufacturers increase combined sales by 80 percent, despite a wider market slowdown.
For the UK, this trend signals growing consumer interest in affordable, well-equipped electric cars and increased competition that could drive better value, wider choice, and faster EV adoption.
BMW and EU Discuss Tariff Options for China-Built Electric Minis
BMW and the European Commission are reportedly in talks over a potential tariff exemption for electric Mini models built in China.
Discussions are said to focus on a minimum pricing model that could replace existing EU tariffs. While primarily an EU matter, the outcome may still influence the UK market, particularly around pricing, supply, and availability of electric Mini models.
