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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.

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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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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

According to the Japan Automobile Manufacturers Association (JAMA), as of 2008, Japan had about 600,000 “next-generation” vehicles—including hybrids and electric vehicles—in service, representing 0.8% Technical challenges facing EVs. Source: JAMA. Click to enlarge. of Japan’s total fleet. Scenarios for widespread EV use. Source: JAMA.

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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

The central government’s plan, posted on its website, is targeting the production of 500,000 plug-in hybrid and electric vehicles by 2015, with output to grow to 2 million units of those types by 2020. Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry. L/100km (40 mpg US) or less.

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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. Click to enlarge. —Yu Jun, General Manager of GAC Motor.

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

Setec Powerr

As early as September 2020, Total Energy launched its first independent charging station in Wuhan, starting a new journey into China’s electrification market. In 2020, Total Energy acquired the largest electric vehicle charging company in London and has mastered many local charging pile resources. who moved the oil cheese.

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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

(REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. The Indian passenger vehicle market, valued at ₹ 4.5 lakh crore has been showing astounding recovery since the pandemic shock in 2020.

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