article thumbnail

ACEA map: Affordability of electric cars, correlation between market uptake and GDP in the EU

Green Car Congress

The European Association of Automobile Manufacturers (ACEA) has published an interactive map that illustrates the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and GDP per capita for each of the 27 EU member states and the United Kingdom. Across the EU, 3.0% Across the EU, 3.0% and Italy 0.9%).

article thumbnail

ACEA report finds growth of charging points not keeping pace with rising demand for electric vehicles in Europe

Green Car Congress

A new report by the European Automobile Manufacturers’ Association (ACEA) shows that despite strong growth, the available charging infrastructure for electric vehicles in the EU still falls far below what is needed, and remains unevenly distributed across member states. of all cars sold in Europe in 2019 were electrically-chargeable (+2.4

Europe 305
article thumbnail

SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment

Green Car Congress

We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. equity stake in GM Cruise and will afford GM increased flexibility with respect to capital allocation. —Michael Ronen, managing partner, SoftBank Investment Advisers.

GM 210
article thumbnail

Honda to unveil prototype of Gen 3 Insight hybrid at Detroit show; two-motor hybrid system

Green Car Congress

Honda will unveil the Honda Insight Prototype at the 2018 North American International Auto Show in Detroit in January as the precursor to the new third-generation 2019 Honda Insight—an upscale, stylish five-passenger sedan positioned above the Civic in Honda’s passenger car lineup. Teaser shot of third-generation 2019 Insight.

Insight 150
article thumbnail

Ford introducing new midsize SUV in China; Territory will offer 48V mild hybrid and plug-in hybrid variants

Green Car Congress

Territory customers can choose between a fuel-efficient gasoline engine option; 48V mild hybrid with Miller-Cycle technology; and a plug-in hybrid powertrain when it goes on sale in early 2019. It will be affordable for young families and new buyers across China, not just the coastal mega-cities. million in 2019, from a peak of 2.2

Plug-in 186
article thumbnail

GM Monetary: Leasing gained’t go back to ’19 ranges this yr

Baua Electric

Analysts say leasing’s proportion of gross sales this yr is forecast to get up from what Cox Car known as a minimum of a 10-year low in 2022, however to not the place it used to be in 2019. “Leasing is down for everybody,” mentioned Melinda Zabritski, Experian’s senior director of automobile monetary answers.

GM 52
article thumbnail

Geneva auto display made over for 2024 as ‘reasonably priced’ match

Baua Electric

The Geneva auto display will go back in 2024 with a unutilized, “affordable” thought for exhibitors and guests. Organizers have advanced a unutilized thought for the display to seriously let go the prime prices of displaying that experience do away with many automobile firms. to fourteen this age.

Auto 52