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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer based in Wuhan, Hubei.

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Tata Motors commits almost $50M to UK National Automotive Innovation Campus

Green Car Congress

Tata Motors Limited, India’s largest automobile manufacturer, has confirmed its long term commitment to advanced research and development in the UK through the participation of its subsidiary, Tata Motors European Technical Centre (TMETC), in the UK’s National Automotive Innovation Campus (NAIC). Earlier post.).

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Audi fielding Formula E factory team in December in Hong Kong; first German manufacturer in Formula E

Green Car Congress

Audi will be the first German automobile manufacturer to race in the electric series. At the moment, the freedom in Formula E granted to all manufacturers is limited to the motor, transmission, the respective suspension components and to software. That makes details in the development all the more crucial.

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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

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. and Spain 0.6%). By contrast, an ECV market share of above 1.8%

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. Overview of EU CO 2 -based taxes.

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