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Italy’s hard-right government may buy a stake in Stellantis

Baua Electric

But now Italy says it is open to buying a stake in Stellantis, Reuters reports , using the same model France uses for its beloved Renault. Italy has some of the oldest, most polluting cars in Europe, with some of the lowest EV adoption rates in Europe. FTC: We use income earning auto affiliate links.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

The European Parliament’s Committees on industry (ITRE) and transport (TRAN) will vote on the European Commission’s proposal for future car and van CO 2 targets on 10 July. ACEA cautions that the targets must be realistic, taking into account what people can actually afford to buy. —Erik Jonnaert. and Spain 0.6%).

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 The firm has more than 900 professionals in 15 offices across North America, Europe and Asia. million units in 2011 and only 13.6

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. This shift will have major ramifications for both the auto industry and the energy sector.

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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. The company estimated 50% BEV sales by 2030 worldwide, and possibly higher in Europe, he said.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

The supply relief will not be coming from the big, national investments in the works right now by South Korea, the United States, and Europe but from older chip fabs and foundries running processes far from the cutting edge and on comparatively small silicon wafers. The auto industry is a relatively small chip end-user, but it’s growing fast.

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‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. How will they run it if they don’t have the money to buy it? One has to pay money.

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