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Italy looks to sink $1 billion into boosting electric cars

Baua Electric

Italy is the home of the oldest vehicle fleet in Europe, the government cites, with at least 11 million Euro 3 cars (with emissions standards set in 2001) or lower-grade vehicles on the roads. The new plan also aims to help low-income families purchase made-in-Italy EVs, similar to the package offered by France’s made-in-France incentives.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. First, there are more products available for purchase with new entrants ready to boost the market profile.

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Perspective: A View Into the New GM

Green Car Congress

Fritz Henderson, GM’s President and CEO: “ We had a couple of Audi and BMW customers sit in an Equinox and say ‘this vehicle should be priced well above what it is’—Chevrolet should blow people away for what they get for their money. ”. Two-Mode Plug in Hybrid Electric Vehicle (PHEV). Chevrolet is a global value leader. Earlier post.).

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