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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.

Market 52
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Tesla Overtakes BMW In 2021 US Luxury Car Sales

Get Electric Vehicle

World leader in electric vehicles Tesla has been steadily increasing its market capitalization for several years. Musk’s manufacturer may be credited with hastening the adoption of electric automobiles with the Model S and succeeding models.

BMW 52
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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2 The Indian passenger vehicle market, valued at ₹ 4.5 the Indian automobile industry has been showing great resilience. These SUVs cumulatively propelled the growth of passenger vehicle sales across the country in 2023.

India 52
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H2 Mobility initiative agrees on $474M plan for hydrogen refueling network in Germany; 400 stations by 2023

Green Car Congress

The six partners in the “H2 Mobility” initiative ( earlier post )—Air Liquide, Daimler, Linde, OMV, Shell and Total—have signed an agreement in principle upon a specific action plan for the construction of a Germany-wide hydrogen refueling network for fuel cell powered electric vehicles.

Germany 294
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Rivian, Kia, and Mercedes see huge jump in new car registrations – a sign of what’s to come?

Baua Electric

S&P Global Mobility released its latest round of US data on new EV registrations for November 2023, and some surprising new trends are popping up – with very modest gains by Tesla and Ford, compared to bigger moves from smaller EV players Rivian and Kia, as well as luxury EVs from Mercedes and BMW. market share. share in November.

Kia 52
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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of these remarkable initiatives is the introduction of electric cars. Electric cars are a current trend. In 2019, the sales of electric vehicles totaled 1.1 million worldwide during the first half of the year, according to Edison Electric Institute. Constant price fluctuations power the fuel market.

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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

However, the carbon credit market that will regulate the emission of heating and road transport fuel will be delayed for an unknown amount of time. The carbon market will be reformed with multiple changes. Lawmakers also hope this will limit market speculation. times the average of the price from two preceding years.