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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. of total EU car sales in 2017.

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CLEPA study: EV-only approach would lead to the loss of half a million supplier jobs in the EU

Green Car Congress

All three scenarios assume accelerated electrification to meet climate goals, with a high market share for electrified vehicles (Battery-electric vehicles, plug-in hybrid electric vehicles and full hybrid electric vehicles) by 2030 of more than 50%, almost 80%, and close to 100%, respectively.

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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. The volume of plug-in hybrid cars made in China fell by 62% last month, with these vehicles making up just 3.4% in February last year.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. we could not afford to do anything like this."

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