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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

The Group therefore reached not only its targets for 2016 but also a new record, helped in particular by increases in Western and Central European markets and in the Asia-Pacific region. In 2016, the Group’s earnings before and after tax, amounting to €7.3 million vehicles to customers worldwide in the past fiscal year—up 3.7%

2016 150
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Micromobility: Zapp Scooters Bring Style, Range and Fun to Urban Riding

Clean Fleet Report

Top speed is rated at 60 miles per hour—plenty for urban living, considering these are not freeway legal rides. California and other states have clean vehicle incentive and rebate programs, and a federal tax credit has been available. Asia and the US will see i300’s in Q1 of 2022 if Zapp’s plans pan out.

Range 99
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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

The separation is intended to qualify as a tax-free transaction to Alcoa shareholders for US federal income tax purposes. The Upstream Company’s alumina refining system will be the world’s largest, with operations well positioned to serve major adjacent growth markets in Asia, the Middle East, and Latin America.

2018 150
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

Digitalization and the field of mobility services in particular offer high earnings potential, said Müller, adding that the Group will soon form a legally independent, Group-wide company to promote business in the mobility services of the future with the necessary speed, entrepreneurial focus and the required agility. billion in total.

2015 150
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen. Tesla Motors will have a bumpy year.

2014 346
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Profitability parity is evidenced by the fact that last year earnings-before-income-taxes (EBIT) margins for automakers globally clustered in a tight band ranging from 4.3% This will put unprecedented pressure on all players to pick the right business models, the right legal and capital structures, and the right partners.

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Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017

Green Car Congress

The total number of neighborhood electric vehicles (NEVs)—low-speed street-legal electric vehicles—on the world’s roadways will grow from 479,000 in 2011 to 695,000 by 2017, a 45% increase, according to a new forecast by Pike Research. The US currently offers federal tax incentives of 10% of the purchase price up to $2,500.

2017 230