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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. The top 5 countries with the highest motor tax revenues are: Germany ? United Kingdom ?

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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

Green Car Congress

The project hosts a mineral deposit that is enriched in neodymium and praseodymium, two essential elements for rare earth permanent magnets used in electric vehicles, wind turbines, and high-efficiency electric motors and pumps that help reduce greenhouse gas emissions. Sarfartoq carbonatite drill cores.

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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

Green Car Congress

Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. The joint venture will see Hero Motors holding the share of 90 per cent stake and Yamaha Motor has 10 per cent. Ampler Bikes raises €7.4M in equity funding.

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Mitsubishi begins delivery of the largest order of i-MiEVs to date; 50 of 507 to Estonian government

Green Car Congress

Mitsubishi Motors Corporation (MMC) has delivered the first 50 i-MiEV new-generation electric vehicles (EV) out of 507 units scheduled to be provided to the Estonian government. MMC plans to complete shipment of the entire order to Estonia by the end of the 2011 fiscal year.

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Mitsubishi Corp. to provide 507 i-MiEVs to Estonian Government; CHAdeMO quick charging network for the country

Green Car Congress

Mitsubishi Corporation (MC) will provide 507 units of the i-MiEV electric vehicle manufactured by Mitsubishi Motors (MMC)—the largest single provision since sales of the EV started—to the Estonian Government. subsidy programs for consumers who purchase electric vehicles, to be introduced by the end of 2012.

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