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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
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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. But now that is expected to change course, as EV sales are projected to drop – by 14% – for the first time in eight years. Still, the decline isn’t all that shocking: Germany’s passenger car market, VDA expects it to shrink by 1% to 2.82

Market 52
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Rivian, Kia, and Mercedes see huge jump in new car registrations – a sign of what’s to come?

Baua Electric

share of the light-vehicle market, up from 5.9% market share. The automobile industry is a slow-moving beast. Still, Germany luxury brands have been losing market share to Tesla over the past five years, but this new data suggests the tide may be changing, with higher-end EV buyers looking for other options.

Kia 52
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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. Lawmakers also hope this will limit market speculation.

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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

Green Car Congress

In the first half of 2015, China surpassed the United States to become the largest market for alternative energy vehicles. BJEV has seen sales volume climb to 6,223 units through June of 2015—representing a 23.1% market share amongst China’s pure EV players. BJEV ranks sixth globally in terms of pure EV sales.

Europe 150
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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. Cross-border e-commerce shines in the European market.

China 52
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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

Accelerating the pace of EV market growth requires a coordinated evolution in both sectors, the report argues, from the power plant to the charging station to the vehicle. Within the US, it examines California, Massachusetts, and Michigan—states covering a range of differences in electric power generation and power market structures.

Europe 244