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

Baua Electric

Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year. For comparison, the US produced 1.1 million BEVs in 2023 to Germany’s 1.2

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Toyota keeps world’s top-selling automaker crown in 2023, sells 1.12 crore cars

Baua Electric

In comparison, the world’s top-selling carmaker Toyota sold 104,018 units of battery-powered electric vehicles. The carmaker that sells only electric vehicles and plug-in hybrids, surpassed Elon Musk’s Tesla as the top electric car manufacturer in the world. BYD claims to have sold about 30.2 On the other hand, Tesla delivered 18.1

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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

…In addition, a broad understanding and a clear strategy of the future are to be developed in order to actively shape the mobility of the future and the transformation process of the entire automobile industry towards emission-free and digitally networked mobility. Rail transport. Land power supply in sea and inland ports.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

billion, in comparison with BMW, which having used all the resources considered necessary to create value doubled its sustainable value to €2.8 Economic crisis, energy crisis, climate crisis and recent global developments have affected the automobile industry like few other sectors. GM achieved a sustainable value of -€9.87

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Toshiba launches 20Ah-HP SCiB rechargeable Li-ion battery; high energy and high power

Green Car Congress

Comparison of capacity falloff of 20Ah and 20Ah-HP products. Toshiba expects to see the new cell deployed in automobiles, industrial equipment, and storage battery systems. Toshiba testing). Compatibility.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

Environmental costs are often not shown on financial statements because the bearers of such costs can be either particular individuals or society at large, are often both non-monetary and problematic to quantify for comparison with monetary values.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Electricity prices in comparison. High electricity rates are burdening private households and industry alike and threatening Germany’s competitiveness, the company noted. Euro cents/kWh. Source: Siemens. Click to enlarge. The Three-Point Plan is based on Siemens’ analysis of the status quo relating to the energy transition.

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