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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. of around 16% of GDP to as much as 20% by 2020. Earlier post.)

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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

Green Car Congress

The German Federal Government plan to have one million electric cars on its roads by 2020 has failed, according to the analysis of international management consulting firm Bain & Company. The European Commission is discussing new CO 2 and fuel consumption targets for 2025 that could be a further 18-28% lower than those of 2020.

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Used electric vehicle pricing guide: How much you’ll pay for a pre-loved Tesla Model 3, Hyundai Kona Electric, MG ZS EV and many more

EV Central

America and Europe have more mature EV markets than us, meaning thousands of pre-loved electric cars have popped up on their used car classifieds. Late to the party on EV incentives and decent charging infrastructure, only in the past two years have EV sales really made a dent in the Australian market. But will Australia follow suit?

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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

Green Car Congress

This is intended to boost private and business demand, support economic recovery across the board as well as accelerate the rejuvenation of the vehicle fleet on Europe’s roads. Purchase and investment incentives should be based on similar criteria across Europe, drawing on both national and EU funding.

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EV sales aren’t ‘lagging’ – they’re headed for long-term growth

Baua Electric

In the next four years, electric car sales grow at an average of 21% per year in BloombergNEF’s Economic Transition Scenario – in which EV adoption is shaped by current techno-economic trends and with no new policy intervention – compared to the average of 61% between 2020 and 2023. EV sales in Brazil quintuple by 2027 and triple in India.

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Euro Parliament Transport Committee backs draft directive mandating expansion of alternative fuel stations; grandfathering CHAdeMO

Green Car Congress

EU member states would have to ensure that specified numbers of publicly-available electric vehicle recharging points and hydrogen and natural gas stations are built by 2020, under a draft directive endorsed by the Transport and Tourism Committee of the European Parliament on Tuesday. Europe Fuels Hydrogen Infrastructure Smart charging'

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Second-life EV batteries market expected to reach $34.7B by 2027

Teslarati

It also emphasized that the years 2019 and 2020 are considered historical while listing 2021 as the base year and 2022 as the estimated year. Europe, Middle East & Africa: $7,460.03 The uses of these batteries include commercial and industrial energy storage, EV charging, grid charging, and off-grid and residential energy storage.

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