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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

Green Car Congress

The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%

2001 207
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Tesla slashes prices across Europe on Model Y

Baua Electric

VW reports BEV sales of 70,628 units last year, a 12% increase, compared to Tesla’s 63,685, a 9% drop. BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. While VW beat Tesla in Germany, it trailed by a long shot in EV sales in France.

Europe 97
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Telsa joins VW and BYD in cutting prices in Germany

Baua Electric

VW reports BEV sales of 70,628 units last year, a 12% increase, compared to Tesla’s 63,685, a 9% drop. BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. However, Tesla lost its No.

Germany 52
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EEA: average CO2 emissions from new cars and new vans in Europe increased in 2018

Green Car Congress

After a steady decline from 2010 to 2016, by almost 22 grams of CO 2 per kilometer (g CO 2 /km), average emissions from new passenger cars increased in 2017 by 0.4 Moreover, the market penetration of zero- and low-emission vehicles, including electric cars, remained slow in 2018. of sales in 2018. g CO 2 /km. g CO 2 /km in 2018.

2018 259
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Siemens and Valeo to form joint venture in high-voltage electric powertrains

Green Car Congress

Siemens said that the electric vehicle components market is expected to grow with a compound annual growth rate of more than 20% until 2020. This joint venture also illustrates the ability of European companies to develop leading industrial partnerships to bring breakthrough technologies to the global market.

Hungary 150
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Mercedes-Benz Rastatt plant to produce compact electric EQ vehicles; 3rd center of competence for EQ models in Germany

Green Car Congress

The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. The company assumes that the proportion of electric vehicles in the total unit sales of Mercedes-Benz will be between 15 and 25 percent by 2025. Earlier post.). Earlier post.)

Mercedes 186
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Bosch supplying factory equipment for battery production; €250M business by 2025

Green Car Congress

In entering this business, Bosch aims to increase vertical integration in mechanical engineering and, by 2025, to generate annual sales of some €250 million (US$293 million) with equipment for battery production. Our assumption is that the global battery market will grow up to 25 percent each year. —Rolf Najork.

Supplies 186