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

Baua Electric

The Indian passenger vehicle market, valued at ₹ 4.5 lakh crore has been showing astounding recovery since the pandemic shock in 2020. the Indian automobile industry has been showing great resilience. Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2

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