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Bentley CEO Jumps Ship for Aston Martin

The Truth About Cars

Bentley's former CEO Adrian Hallmark has broken with the company after making remarks that sales were down due to wealthy people buying fewer luxury products over concerns that it might upset poorer people living in those markets. Former Ferrari executive Amedeo Felisa had been brought out of retirement to head the brand in 2020.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Electric vehicles are "definitely affordable and environmentally friendly technology, and we think theres a huge potential market in China for them," Li Shufu, Geelys chairman, said in an interview Monday. Chevrolet Volt plug-in hybrid, which is expected to sell for $40,000 when it goes on sales in the U.S. in late 2010.

China 28
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The EU’s 2035 petrol ban receives pushback from five countries

Teslarati

Volkswagen, Mercedes support EU ban of ICE sales past 2035. In the documents, the authors cited two main concerns, mainly dealing with infrastructure and affordability. Corporations in Europe seem to be equally split on the issue. What do you think of the article? Do you have any comments, questions, or concerns?

Petrol 98
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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

It remains to be seen how significant of an impact this change will have, but it should clearly increase sales of lower-cost EVs among households or modest income. Elimination of the 200,000 Sales Cap Per Manufacturer. Effective Date: Jan 1, 2022. Option to Convert the Tax Credit to a Time of Purchase Rebate.