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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

Green Car Congress

The joint venture will have its headquarters in Zagreb (Croatia) and is scheduled to be established in the fourth quarter of 2021. Bugatti Automobiles S.A.S. Oliver Blume, CEO of Porsche, and Mate Rimac, CEO of Rimac, signed the corresponding agreements and announced the name of the new hypercar manufacturer: Bugatti-Rimac.

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Bugatti & Rimac partners to form new venture 

Electric Vehicles India

Rimac Automobili announces a major milestone in its history as it has entered into the partnership with the iconic automotive brand, Bugatti Automobiles to form a new automotive and technological powerhouse. Bugatti & Rimac partners to form new venture .

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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. Five EU member states don’t offer any incentives at all: Croatia, Estonia, Lithuania, Malta and Poland.

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

Signatories by category: Governments: Austria; Azerbaijan; Cambodia; Canada; Cape Verde; Chile; Croatia; Cyprus; Denmark; El Salvador; Finland; Iceland; Ireland; Israel; Lithuania; Luxembourg; Netherlands; New Zealand; Norway; Poland; Slovenia; Sweden; United Kingdom. —COP 26 Declaration. Unilever; Vattenfall; Zenith; Zurich.

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Study finds that EV-specific factors rather than socio-demographic variables better predictors of EV uptake

Green Car Congress

This, they suggest, could be because national EV markets were so small relative to overall automobile sales. Until then, EV-specific factors such as amount of charging infrastructure, level of consumer financial incentives, and number of locations that sell the automobiles are likely to be more correct for estimating a country’s market share.