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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe. billion.

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NHTSA to propose new fuel economy standards soon; 8% increase per year for MY 2024-2026

Green Car Congress

NHTSA’s proposal comes as the automobile industry is retooling future models in response to market demand for cleaner, more fuel-efficient vehicles. The proposal considers a range of regulatory alternatives and is significantly different from the conclusion that NHTSA reached in the 2020 final rule.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. By 2020, average passenger car fuel consumption is to drop to 5.0 L/100km (52.3

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JAMA: Supporting Growth of Japan Plug-in Vehicle Fleet to 600,000 by 2020 Will Require Combination of Technical Breakthroughs, Market Innovations and the Elimination of Obstacles

Green Car Congress

However, JAMA cited McKinsey data to point out that, assuming Japan will account for 10% of the world’s total demand for next-generation vehicles, sales of electric vehicles and plug-in hybrid vehicles will reach 600,000 units in the year 2020. Supporting that level of growth will require an integrated and cooperative approach, JAMA said.

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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. In 2020, Total Energy acquired the largest electric vehicle charging company in London and has mastered many local charging pile resources.

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Tesla Energy director believes Australia can become a large supplier of lithium

Teslarati

Lithium prices declined in 2020, partly due to the pandemic. At the beginning of 2021, Benchmark Mineral Intelligence stated that it expected the lithium market to come into tightness. Tesla’s shift to LFP cells for Megapack batteries heralds an energy storage revolution.

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