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

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). This just goes to show the sheer scale of the importance of the automobile industry to Europe.

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

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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 Electric (Battery) Fuel Efficiency Oil Policy' Source: EIA. Click to enlarge.

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

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Say Goodbye to Fuel Costs. Constant price fluctuations power the fuel market. Constant price fluctuations power the fuel market. Europe and China. High Resale Values.

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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

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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. Including road transport fuels in a cap-and-trade scheme, complemented by appropriate regulatory policies such as. Source: CITIES.

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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

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According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. According to the report, “Fixing Detroit: How Far, How Fast, How Fuel Efficient?” The chance that increased profits could exceed $6 billion is 18% if fuel economy standards were increased to 40.4 Source: McManus and Kleinbaum.

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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

Germany’s proposal of allowing new ICE vehicles that burn carbon-neutral fuels past 2035 will be included in the new proposal. 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. times the average of the price from two preceding years.

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DRX Consortium to accelerate commercialization of disordered rock salt (DRX) cathode materials

Green Car Congress

Lithium batteries made with DRX cathodes could safeguard the automobile industry and therefore consumers from higher prices spurred by supply constraints. The United States aims to make half of all new cars sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles.