article thumbnail

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
article thumbnail

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. Considering Germany is aiming to have 15 million BEVs on the road by 2030, that number is moving in the wrong direction.

Market 52
article thumbnail

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

Baua Electric

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. That’s thanks to big sales from the Rivian R1S SUV and the Kia EV6.

Kia 52
article thumbnail

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, smaller manufacturers will receive an undisclosed extension to stop selling ICE vehicles. Most notably, the allowable carbon emissions will be reduced by 61%.

article thumbnail

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

Green Car Congress

BJEV has seen sales volume climb to 6,223 units through June of 2015—representing a 23.1% BJEV ranks sixth globally in terms of pure EV sales. BJEV plans to bring a complete lineup of alternative energy automobiles to market. market share amongst China’s pure EV players.

Europe 150
article thumbnail

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. of the total export volume.

China 52
article thumbnail

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

Green Car Congress

Within the EU, it cites examples from France, Germany, Spain, the United Kingdom, and Denmark. sales but well below the run-rate needed to reach the 2015 target. In Germany, for example, consumers bought 2,100 EVs in 2012—less than 0.1 percent of total car sales. percent of total car sales.

Europe 244