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.

Motor 284
article thumbnail

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

Baua Electric

Currently steering both the Society of Indian Automobile Manufacturers (SIAM) and Volvo Eicher Commercial Vehicles (VECV), Aggarwal made the statement following Minister of Road Transport and Highways Nitin Gadkari’s recent comments at the Vibrant Gujarat summit.

article thumbnail

China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry. of the total export volume. billion, an increase of 10.5%

China 52
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

A cap-and-price scheme with a target quantity and corresponding price can alleviate rebound effects and perverse incentives of fuel efficiency and low-carbon fuel standards. Here we argue for quantity instruments, regulating absolute emissions, and an associated price signal. Source: CITIES. Click to enlarge. —CITIES.

article thumbnail

Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S. Earlier this month three Senate Democrats from car-manufacturing states warned of “artificially low-priced Chinese EVs flooding the U.S.

Mexico 52