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

Green Car Congress

This just goes to show the sheer scale of the importance of the automobile industry to Europe. It is clearly paramount to the overall health of the EU economy, and government budgets in particular, that we can successfully re-launch our industry in the aftermath of the COVID-19 crisis.

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University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. Further, the report finds that the existing culture within the domestic auto companies systematically underestimates the value of fuel economy, which has crippled profitability. Source: McManus and Kleinbaum. 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

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.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. China vehicle sales and gasoline consumption. Source: EIA. Click to enlarge. l/100 km) by 2020.

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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.

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

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Fossil fuel-dependent transportation industries such as aviation, shipping and manufacturers that use petroleum as a process input, such as plastic or chemical producers, will need robust strategies and plans to address fuel price volatility and potential shortages, KMPW warns. billion by 2032. billion in 2005.

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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

The automobile industry has said that without additional government subsidies they can only sell 600,000 electric cars by 2020 at best. Fleet-wide average fuel economy standards in all regions are driving demand for more efficient vehicle technologies. Encourage time-of-use (TOU) and/or real-time electricity pricing tariffs.

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