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ACEA map: Affordability of electric cars, correlation between market uptake and GDP in the EU

Green Car Congress

The market uptake of electrically-chargeable vehicles (ECVs) is directly correlated to a country’s GDP per capita, showing that affordability is a major barrier to consumers. All countries with an ECV market share of less than 1% have a GDP below €30,000, including EU member states in Central and Eastern Europe, but also Italy and Greece.

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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. of total EU car sales in 2017. —Erik Jonnaert, ACEA Secretary General.

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Lamborghini Breaks Historic Sales Record

The Truth About Cars

Lamborghini has broken its own sales record by delivering over 10,000 automobiles in 2023. Sales were primarily driven by the Urus, with 6,087 vehicles delivered, and the Huracán, boasting 3,962 units. Though, despite these being Lamborghini’s most affordable models, both the Huracán and Urus retail well above $200,000.

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Stellantis CEO says U.S. and UK elections next year may slow EV sales

Teslarati

and the United Kingdom (UK) next year, warning that the political climates could play a role in the sale of electric vehicles (EVs). Tavares noted the possibility for a slowed electrification ramp at a press conference outside of Stellantis’s Mirafiori plant in Italy in a statement to Automobilwoche (via Automotive News ).

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EU formally approves sales ban of combustion engine cars by 2035

Teslarati

The EU formally approved a law that would ban the sale of combustion engine vehicles by 2035 in an attempt to accelerate consumers’ choice of electric powertrains. Proposed in July 2021, Italy, Portugal, Bulgaria, Slovakia, and Romania all pushed to delay the sales ban in mid-2022. I’d love to hear from you!

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ACEA report finds growth of charging points not keeping pace with rising demand for electric vehicles in Europe

Green Car Congress

This new report shows that sales of electrically-chargeable cars in the EU increased by 110% over the past three years. During the same period however, the number of charging points grew by just 58% (to less than 200,000)—demonstrating that investment in infrastructure is not keeping pace with increased sales of electric vehicles.

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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. Estimated sales of the three G 310 series motorcycles also hit a new high with over 7,700 units sold last year.

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