Welcome to the Money blog, Sky News' consumer and personal finance hub. Today: Ofgem has announced a 7% drop in the energy price cap from July - and the US president had something to say about it.

China’s top automaker registered 7,231 new battery-electric vehicles in April, according to market researcher Jato Dynamics.

Tesla's most affordable offering, the Model 3, is finally getting an update for the first time since its 2017 introduction. Dubbed project "Highland," the update aims to reduce production costs ...

Despite the EU's imposition of tariffs on Chinese-made electric vehicles, registrations of such cars increased 59% in April from a year earlier.

Chinese electric vehicle (EV) maker BYD's low-cost Dolphin Surf became its 10th model available in Europe on Wednesday, with ...