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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Mumtalakat has been an investor in McLaren Group since 2007, when it bought a 30% stake from founding shareholders Ron Dennis and Mansour Ojjeh. The post Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional appeared first on Bauaelectric Auto News.

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Study finds older drivers more likely to buy new vehicles

Green Car Congress

A new study by Michael Sivak, research professor at the University of Michigan Transportation Research Institute (UMTRI), found that in 2011, the peak probability of buying a new vehicle per driver in the US was among those between 55 and 64 years of age—a shift from four years earlier, when that peaked with the 35-to-44-year-old age group.

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After Tesla's federal tax credits expire, which electric car would you buy?

Green Car Reports

Last week, we reported that Tesla is close to reaching the end of its allocation of federal tax credits for those who buy its cars. The credits were passed after the 2007 federal Energy Independence and Security Act to promote the sale of electric cars. The credits amount to a $7,500 discount for most buyers.

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The New BMW iX M60, UK Motorists Predicted to Buy over 330,000 EVs in 2022, Decree No. 2021-1840 of December 28, 2021 Relating to Advertising

EV Obssesion

Automotive advertisements will promote active mobility, carpool or public transportation from 1 st March 2022, according to a decree published in the Official Journal , Wednesday, December 29, on the same model that messages like "avoid to eat too fatty, too sweet, too salty ”imposed since 2007 in the diet. Source: Le Monde.

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Daimler starts production of new smart fortwo electric drive; buy or lease the vehicle, rent the battery

Green Car Congress

The new “sale&care model” offers customers an opportunity to buy, finance or lease the vehicle and to rent the battery for a monthly fee. The smart plant in Hambach was inaugurated in 1997 and has produced the smart fortwo since 1998—in its second generation since 2007. Prices in Germany (including 19% VAT).

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HR Biopetroleum buys out Shells share in Cellana algae biofuels venture

Green Car Congress

In 2007, HRBP and Royal Dutch Shell PLC, the international energy company, formed Cellana as a separate joint venture to build and operate a demonstration facility to grow marine algae and produce vegetable oil for conversion into biofuel. Earlier post.)

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Polk: 35% of hybrid owners buying hybrids again

Green Car Congress

While the selection of hybrid models in the US has more than doubled since 2007, only 35% of hybrid vehicle owners choose to purchase a hybrid again when returning to market in 2011, according to recent analysis by Polk. Polk’s assessment of hybrid loyalty by quarter. Data: Polk. Click to enlarge.

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