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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.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 Click to enlarge.

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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. percent market share in the same period, up from 8.5 percent the last financial year.

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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. Behind the popularity of charging piles in the oil circle, the transportation industry is undergoing a major change unseen in a century.

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LGES & Honda battery plant in Ohio starts construction on $3.5 billion facility

Teslarati

The cells will go to Honda’s automobile manufacturing plans producing electric vehicles for the North American market. The Honda-LGES battery plant hints at the Inflation Reduction Act’s (IRA) strong influence in the automobile industry.

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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.

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Study shows 99% of used lead-based vehicle batteries in the EU are collected and recycled

Green Car Congress

The study was commissioned by EUROBAT, representing Europe’s automotive battery industry; the European Automobile Manufacturers Association (ACEA); the automobile manufacturers’ associations of Japan (JAMA) and South Korea (KAMA); and the International Lead Association (ILA).

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