article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

However, the financial cost of the shift is causing concern. At the recent Siemens Energiewende-Dialog (Energy Transition Dialogue) in Berlin, the company presented a three-point plan with specific proposals for the cost-efficient implementation of the Energiewende in Germany. Electricity prices in comparison. Euro cents/kWh.

Germany 239
article thumbnail

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

Baua Electric

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. For comparison, the US produced 1.1 million BEVs in 2023 to Germany’s 1.2

Market 52
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Source: KPMG. Click to enlarge. billion in 2005.

article thumbnail

German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

million currently approved Euro 5 and 6 diesels in the country, according to the outcome of the “National Diesel Forum” held in Berlin today between the automotive industry and the German Federal and state governments. The subsidy of 40% of the additional investment costs for municipal taxis and vehicles will be increased.

Diesel 150
article thumbnail

Renault presents the 235 mpg EOLAB prototype; plug-in “Z.E. Hybrid”; targeting production

Green Car Congress

liters/100 km in comparison with the benchmark vehicle. The savings achieved by taking a fresh look at the size of the different mechanical assemblies enabled us to cover the cost of using more expensive materials and technologies elsewhere without losing sight of the aim not to add to the overall cost. —Laurent Taupin.

Plug-in 370
article thumbnail

History: Electric Cars: The Golden Age

Clean Fleet Report

With the recent growth of the electric automobile industry , it’s no surprise that EVs are a hot topic of conversation. For comparison, today only one percent of our current national fleet consists of electric vehicles. It All Began in the More than a Century Ago. Story by Martin Banks. EVs started simple.

article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. Former Volkswagen CEO Herbert Diess said, for example, that he expected by 2030 that software “will account for half of our development costs.” VW, like every other automaker, wants to control those costs.

Market 92