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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?

Fuel Tax 105
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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Stability in Europe Europe is likely to witness a stable increase in EV sales, with projections of 3.4 Factors such as political polarization and shifts in tax credits could influence this figure. million vehicles, marking an 8 percent rise from the previous year. Uncertainty in the United States The U.S. million EV sales.

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity. The lack of affordable EVs is an issue everywhere in Europe, and in the US.

Norway 52
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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

Bradley & Associates, commissioned by the Regulatory Assistance Project (RAP) and the International Council on Clean Transportation (ICCT), examines key drivers of EV adoption in the US, Europe and China, with an emphasis on vehicle charging scenarios and infrastructure. Policies will play a key role here, the report notes.

Europe 244
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‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

What can he afford? It depends on how the economy grows, how far the people grow. Technological advancements will give small car buyers a more affordable vehicle in the future. Tax based on carbon emissions could be one idea worth following up on. Our strategy has always been to meet the customer requirements.

Future 52
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UK to invest $841M from 2015-2020 to boost ultra low emission vehicle industry

Green Car Congress

The UK government announced plans to invest £500 million (US$841 million) between 2015 and 2020 to boost the ultra low emission vehicle (ULEV) industry and help drivers both afford and feel confident using electric cars. billion) to the UK economy, the government said. Drivers pay no road tax or congestion charge on ULEV.

2015 255
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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

Adequacy requires the measures, in their entirety, to have the potential to meet the target while neither undermining the internal market for transport nor its affordability. This should include carbon and energy taxing, for example, as proposed in the amendment of the Energy Tax Directive.

Emissions 210