article thumbnail

Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban

Baua Electric

The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. FTC: We use income earning auto affiliate links. We are not contesting 2035,” said de Meo.

BMW 52
article thumbnail

Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

Automakers are fiercely lobbying governments to water down already-compromised emissions rules, but doing so will only lead to their doom as market entrants that are serious about EVs will continue ramping them anyway. The auto industry is electrifying, and all new cars will be electric in the relatively near future.

Chinese 52
article thumbnail

Multi-nation survey reports consumers want electric cars. Now.

Plugs and Cars

“Consumers would be buying now if there were products,” says Gregor Matthies, a Munich-based partner at Bain who specializes in the auto industry. For years BMW disparaged electric cars, and poured money into liquid hydrogen ICE vehicles and promoted them ad nauseum. Yet it took BMW less than one year to make an electric car.

article thumbnail

June 2023 – Tesla Model Y was the best selling BEV in Germany

Push EVs

It may just be testing the waters for now, as its sibling, the U6, did a few months ago. The significant climbers in the top 20 were the Mercedes EQA (up 7 spots to #7), the BMW iX1 (up 7 spots to #11), and the BMW i4 (up 11 spots to #14). The Volkswagen was 71% up in volume over Q1.

Germany 52
article thumbnail

News: 2023 Fisker Ocean Introduced

Clean Fleet Report

Company CEO and founder Henrik Fisker has had a hand in designing the BMW Z8, the Aston Martin DB9 and the V8 Vantage, and the Fisker Karma. This is a monumental moment for the auto industry, with the consumer and the environment being the winners. The usual smooth EV front. Ocean Design. Story by John Faulkner.

Fisker 75
article thumbnail

Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

Furthermore, even the older version PHEV can recharge at a slow rate using local solar, wind, water-derived or other net zero CO 2 fuel. Then as solar, wind, water and other non-fossil fuel industries ramp up, the fossil material industry can shift to different but more lucrative customers.

PHEV 150
article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

There are two main sources of lithium in the world; hard rock mines and brine water. The mining industry as a whole is also being held more accountable globally and parts of the global auto industry are now focusing intently on ethical sourcing. So, how much lithium is available globally, and will this become an issue?