article thumbnail

EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

Green Car Congress

The European Commission has approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project complements the first IPCEI in the battery value chain that the Commission approved in December 2019 with €3.2 billion (US$3.5

Batteries 482
article thumbnail

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

Green Car Congress

According to provisional data published by the European Environment Agency (EEA), the average CO 2 emissions from new passenger cars registered in the European Union (EU) in 2018 increased for the second consecutive year, reaching 120.4 g CO 2 /km in 2018. Vans registered in the EU and Iceland in 2018 emitted on average 158.1

2018 259
article thumbnail

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. We already purchased the first shares in Rimac in 2018 and have successively increased our shareholding since then. This is subject to the prior approval of antitrust authorities in several countries.

Porsche 259
article thumbnail

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 Throughout 2018 we continued to see the effects of the diesel crisis, as announcements of policy changes by governments led to confusion and panic among consumers. 2018 also marked the best ever performance for AFVs, recording 944,800 registrations and a 6.1%

2001 207
article thumbnail

Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

Green Car Congress

million units registered in Europe in 2018 so far, according to figures from JATO Dynamics. This growth can be attributed to key markets such as Germany, Spain and France, as well as five other markets (Croatia, Greece, Hungary, Estonia and Luxembourg), which posted double digit growth. to 382,600 units, a record level for February.

SUV 186
article thumbnail

Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

Green Car Congress

But it was the positive economic situation across the continent that boosted results, JATO said, as midsize markets such as the Netherlands, Poland and Sweden all posted increases, and smaller markets like Hungary, Greece, Romania, Croatia and Lithuania similarly posted significant increases. —Felipe Munoz, JATO’s global analyst.

SUV 236
article thumbnail

Tesla Model 3 Europe’s best-selling pure EV in February in its first full month on the market

Green Car Congress

This was mirrored in Norway, where nearly twice as many zero-emission cars were sold than in February 2018, and the Tesla Model 3 and VW e-Golf were the two best-selling cars. It was the best performing SUV in Austria, Luxembourg and the Netherlands, and the second best in Germany, Croatia, Denmark and Italy.

Market 220