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

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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

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

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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

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

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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%

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

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The hotly anticipated car excelled during its first full month on the European market and became the best-selling BEV. Overall, the European car market registered its sixth consecutive month of decline in February 2019, as 1.14 Although BEV market share remained marginal at 1.9%, their volume increased by 92% to 20,000 registrations.

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

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million units registered in Europe in 2018 so far, according to figures from JATO Dynamics. The market share of diesel vehicles fell to 39.5% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. This meant that one in every three cars registered in February 2018 was an SUV.

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

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The European car market recorded its best H1 performance of the century, with 8.6 Despite uncertainty in the UK, where the market was down 6.3% on H1 2017, the growth recorded in Germany, France and Spain allowed the overall market to keep growing. of the German market. —Felipe Munoz, JATO’s global analyst.

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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

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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.

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