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Volkswagen & Audi to pay >$14.7B in US to settle 2.0L diesel emissions case; $2B of that to promote ZEVs

Green Car Congress

Under a class action settlement agreement filed today ( earlier post ), Volkswagen and Audi in the US will pay more than $14.7 The class-wide settlement in the Volkswagen “Clean Diesel” Marketing, Sales Practices, and Products Liability Litigation will provide owners and lessees of Volkswagen and Audi 2.0-liter liter diesel engines.

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May 2023 – Tesla Model Y conquers Sweden

Push EVs

Further back, the Audi Q4 e-tron saw its best monthly performance in a couple of years, with 387 units, taking 8th spot. Outlook Auto industry body Mobility Sweden is still concerned about weakening order books for BEVs, after incentives were cut last November. 4 in third, at 837 units.

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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

According to Automotive News Europe , manufacturers are pushing back rollouts of EVs, and rental firms are “paring purchases for their fleets.” Still, even after the subsidy loss, automakers like Tesla, VW, Audi, Stellantis, and Mercedes-Benz have jumped in to compensate for it, at least for a little while.

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In December EVs took more than half of the German car market

Push EVs

The Audi Q8 e-tron — a technology update (and model name deconfliction) of the successful original Audi e-tron — started initial registrations in Germany with 21 units in December. Highly energy intensive auto supply chains include steel, aluminium, rubber, plastics, and glass, amongst others.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

By some estimates , upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. auto industry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Most Chinese buyers also are purchasing cars for the first time and have not developed particular preferences. " One key move GM is counting on to make the Volt more affordable in China is government incentives, whether they are cash incentives for customers or subsidies for fleet purchases by government agencies.

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Convincing Consumers To Buy EVs

Cars That Think

Even if interest in purchasing an EV is increasing, close to 70 percent of Americans are still leaning towards buying an ICE vehicles as their next purchase. In the UK, only 14 percent of drivers plan to purchase an EV as their next car. EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range.

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