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GKN has produced more than 300,000 eAxles; affordable eAWD

Green Car Congress

GKN Driveline has produced more than 300,000 units of its eAxle range at its eDrive centers of excellence in Italy and Japan. Vehicles that feature GKN eDrive technology include the Volvo XC90 and S90, Mitsubishi Outlander, BMW 2 Series Active Tourer, BMW i8 and Porsche 918 Spyder.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. —Erik Jonnaert, ACEA Secretary General. —Erik Jonnaert. and Spain 0.6%).

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India share of BMW Motorrad’s record sales in 2023 grows to over 4% | Autocar Professional

Baua Electric

BMW Group India, which registered its best-ever calendar year-to-date sales in CY2023 , continues to see its two-wheeler arm – BMW Motorrad India – maintain the strong momentum it has delivered since the past few years. With a record 8,768 two-wheelers sold in CY2023, YoY growth for BMW Motorrad India was 20.40% (CY2022: 7,282 units).

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Tesla-incited EV price war gets one less participant

Teslarati

Making its vehicles more affordable is essentially a death wish for competitors. BMW and Volkswagen followed up with adjustments of their own. Stellantis has also transitioned its Cassino production facility in Italy to build EVs. Ford responded directly by cutting the prices of the Mustang Mach-E.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

As a result, cars made in China outsold cars made in Italy, Korea, Morocco, and Romania, while also closing the gap between cars made in Turkey and the UK. Despite the strides they have made in regard to performance and affordability, increasing awareness and shifting longstanding perceptions will take time.” in February last year.

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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

However, with Italy moving to drop a request to postpone the ban by five years, the plan stands, though significant changes were implemented in order to appease both sides of the debate. Lawmakers also hope this will limit market speculation. However, some have raised more concerns than others.

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Tesla Model 3 revealed as having the highest EV sales volume worldwide

EV Info

EV sales are also predicted to accelerate in the latter end of 2020 as vehicles continue to become more affordable and Britons realise they can save money on bills by purchasing one. Here is a table of the top EV manufacturers around the world: Top EV Manufacturer . of Countries Dominating the EV Market . Which EV are you looking at?

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