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BRIEFLY: BMW, EV Prices, Tesla Energy & more | 16 Mar 2026 image

BRIEFLY: BMW, EV Prices, Tesla Energy & more | 16 Mar 2026

EV News Daily
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It's EV News Briefly for Monday 16 March 2026, everything you need to know in less than 5 minutes if you haven't got time for the full show.

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BMW SETS 18 MARCH FOR I3 DEBUT
BMW will unveil the fully electric i3 sedan on 18 March, extending its Neue Klasse platform into the compact sedan segment, with assembly already underway at its Munich plant and series production expected to begin in late autumn. The i3 50 xDrive will be the first version to reach customers, featuring an 800V platform with up to 400kW peak charging and an expected range exceeding the iX3's 805km rating.
EU EV PRICES FALL AS RULES BITE
EU EV prices fell by an average of €1,800 in 2025, a 4% drop that ended five consecutive years of rising prices, taking the average to €42,700, driven by tighter CO2 emissions targets forcing carmakers to compete on price. T&E expects further price falls as more budget EVs launch, with affordable and mass-market EVs projected to outsell large and premium vehicles by 2027, alongside full price parity with ICE vehicles across all segments.
TESLA WINS UK POWER SUPPLY LICENCE
Tesla has been granted an electricity supply licence by Ofgem, allowing Tesla Energy Ventures to sell power directly to homes and businesses across England, Wales and Scotland from 11 March 2026, completing a six-year effort to become a full-service energy provider in Britain. Ofgem approved the licence despite over 8,400 objections citing Elon Musk's political activities, ruling that Tesla met all statutory requirements, and Tesla must now comply with standard UK consumer protection and billing obligations.
UK MAKERS BEAT 2024 ZEV TARGET
UK car makers met their 2024 ZEV mandate obligations despite a raw EV sales mix of 19.8% falling short of the 22% headline target, by using CO2 credits under the Vehicle Emissions Trading Scheme to reach an effective 24.1%. The result gave manufacturers surplus credits to carry into future compliance years, with the government set to begin a ZEV mandate review later in 2026 and findings due in the first half of 2027.
GREEN NCAP LINKS WITH CHARIN ON CHARGING TESTS
Green NCAP and the Charging Interface Initiative (CharIN) have agreed to collaborate on EV charging interoperability and performance transparency, with the goal of giving consumers independent, verified data on how well EVs work with charging infrastructure. The CharIN Label will be referenced within Green NCAP's Driving Experience assessment for electric vehicles, with testing following CharIN's own processes or recognised partner organisations.
ARVAL DATA SHOWS STRONG EV BATTERY LIFE
Arval's analysis of 24,000 battery health certificates across 11 European countries found that EV and PHEV batteries decline by just 1% per 25,000km after an initial drop, with vehicles reaching 160,000km or six years of service still retaining battery health above 90%. Newer-generation models outperformed older ones by two to three percentage points, and the entire fleet comfortably exceeds the incoming Euro 7 requirement of 72% battery capacity retention at eight years or 100,000 miles.
AUSTRALIA EV TAX BREAK FACES BUDGET THREAT
Australia's Electric Vehicle Discount, which allows workers to reduce their tax bill by purchasing a new EV through salary sacrificing, is under review with reports suggesting the upcoming federal budget could remove it. Renewable energy advocates are opposing any scrapping of the scheme, arguing the timing is particularly poor given rising global fuel prices.
ŠKODA POSTS RECORD 2025 RESULTS
Škoda posted record 2025 results with revenue up 8.3% to €30
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