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How China beat everybody to be international chief in electrical automobiles

Baua Electric

Tax Breaks: An ordinary 10% tax levy has been waived for clean-car purchases below 300,000 yuan till 2025, and can go back at 5% for 2026 and 2027. Year an overabundance of businesses emerged, with greater than 500 EV manufacturers crowding the marketplace in 2019, the try nurtured successes like BYD Co. and TGood Untouched Power Co.

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ADAC testing finds new diesel cars cleaner than required; Euro 6c and 6d-Temp vehicles well below the permissible NOx limits

Green Car Congress

In Germany, testing by ADAC (Allgemeine Deutsche Automobil-Club eV) has found that all the Euro 6c and 6d-Temp vehicles that have been measured on the road to date meet much stricter requirements nitrogen oxides (NO x ) than required by the EU. Our measurement results show that diesel technology can have a future.

Diesel 353
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

million units in March 2020, down by 39% from March 2019. And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. Overall, the total for the first quarter of 2020 already highlights a reduction of 26% Q1 2019 with sales decreasing to 17.42 percentage points higher than seen in March 2019.

Europe 261
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Toyota and Suzuki enter into capital alliance agreement; collaboration to focus on new fields such as autonomous driving

Green Car Congress

Toyota plans to acquire 24,000,000 shares of common stock in Suzuki (4.94% ownership of the total number of shares issued by Suzuki as of 31 March 2019 (excluding treasury shares) with a total value of JPY 96 billion, or US$905 million) by underwriting the disposition of treasury shares by way of third-party allotment conducted by Suzuki.

Suzuki 191
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Mitsubishi to loose Mirage in U.S.

Baua Electric

Mirage gross sales tumbled 44 % within the first part, and the automobile ranks extreme in gross sales amongst actively advertised subcompact sedans. “With its three-cylinder engine, it’s a automobile simply to pressure round in the neighborhood.” Within the U.S., ” The post Mitsubishi to loose Mirage in U.S.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. We are already making measurable progress, which will continue to have a noticeably positive impact on earnings—whether in terms of sales, the cost of materials or indirect purchasing.

BMW 291
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Sale of Opel and Vauxhall to Groupe PSA finalized

Green Car Congress

The sale of Opel Automobile GmbH with its brands Opel and Vauxhall by General Motors to Groupe PSA has now been finalized. They are the perfect fit to our existing portfolio of French brands Peugeot, Citroën and DS Automobiles. Synergies within the Groupe PSA, for example in purchasing and development, are set to play a major part.

Sale 150