article thumbnail

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 ?

Motor 284
article thumbnail

Varmlandsmetanol wants to build €350M biomethanol plant in Estonia

Green Car Congress

Estonian media reports that Swedish bioenergy company Varmlandsmetanol AB is interested in building a €350-million (US $412 million) biomethanol plant in Estonia. We have the technology, we have the material to build the plant, but legislation does not allow for it yet.

Estonia 150
article thumbnail

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

Electric Vehicles India

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . 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 bicycle market in India is valued at USD 0.9 Ampler Bikes raises €7.4M

article thumbnail

Carmakers are going green but British motorists are not

Green Cars News

The report found that strict new emissions laws are having a strong effect on the availability of cleaner cars, but wealth, motoring taxes, fuel prices and consumer attitudes, which vary wildly from country to country across Europe, have much more of an effect on how clean a car is chosen.&#. Estonia / 177 / 182 / 24.

Green 39