Remove Auto Remove Automobile Remove Industrial Remove Sale
article thumbnail

German auto lobby recommends ending all fossil fuel sales by 2045

Electrek

The main lobby group of the German automobile industry has recommended that all fossil fuel sales should be ended in Germany by 2045, but it’s still advocating for less-efficient e-fuels over rapid electrification.

article thumbnail

BYD NEV sales up 262.9% YOY in October

Green Car Congress

In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%

BYD 448
article thumbnail

Auto Inc invested Rs 14,043 till March end under PLI scheme for automobile, components | Autocar Professional

Baua Electric

The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow. Applicants have proposed employment generation of 1.48

article thumbnail

German auto lobby recommends ending all fossil fuel sales by 2045

Baua Electric

An old gas station converted into Tesla Supercharger The main lobby group of the German automobile industry has recommended that all fossil fuel sales should be ended in Germany by 2045, but it’s still advocating for less-efficient e-fuels over rapid electrification.

Auto 52
article thumbnail

Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Dongfeng Motors Corporation Ltd.

article thumbnail

European car sales up 15% in July, EV sales rise more than 60%

Electric Cars Report

European new car sales jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, according to data from the European Automobile Manufacturers Association (ACEA).

Sale 116
article thumbnail

EU auto sales expected to slow in 2024 as EV share increases: ACEA

Teslarati

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year. percent this year.

Auto 122