Remove Automobile Industry Remove Automobile Manufacturer Remove Economy Remove Industry
article thumbnail

Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motors 284
article thumbnail

India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal | Autocar Professional

Baua Electric

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. While the target stands, the estimates differ from those taken by a few private rating agencies.

article thumbnail

12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

Green Car Congress

The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. People’s Daily.

article thumbnail

JAMA: Supporting Growth of Japan Plug-in Vehicle Fleet to 600,000 by 2020 Will Require Combination of Technical Breakthroughs, Market Innovations and the Elimination of Obstacles

Green Car Congress

According to the Japan Automobile Manufacturers Association (JAMA), as of 2008, Japan had about 600,000 “next-generation” vehicles—including hybrids and electric vehicles—in service, representing 0.8% Industry, government and academic sectors are working together for the development of next-generation batteries in Japan.

Japan 225
article thumbnail

Potsdam/TUB/BMW report says cap-and-trade instrument for road transport fuels combined with vehicle efficiency metrics is the most promising policy approach to reduce transport GHG

Green Car Congress

The study, “Car Industry, Road Transport and an International Emission Trading Scheme” (CITIES), combined an empirical and systematic perspective on road transport GHG emission regulation, first identifying carbon intensity, energy intensity and travel demand as major emission drivers. —CITIES. —Professor Edenhofer.

article thumbnail

Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Indian market has now witnessed some decent growth in the EV industry in FY20-21. The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing all major vehicle & vehicular engine manufacturers in India. It has announced the sales of the automobile industry for May 2021.