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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. 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.

Market 52
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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

However, smaller manufacturers will receive an undisclosed extension to stop selling ICE vehicles. 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. The carbon market will be reformed with multiple changes.

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H2 Mobility initiative agrees on $474M plan for hydrogen refueling network in Germany; 400 stations by 2023

Green Car Congress

This would ensure a need-related supply for fuel cell powered electric vehicles to be introduced into the market in the next years, the partners said. —Professor Dr. Thomas Weber, Member of the Board of Management of Daimler AG, Group Research & Mercedes-Benz Cars Development. Hydrogen is the most common element in the Universe.

Germany 294
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Daimler and Toray to establish JV for carbon-fiber based automobile parts; new production and joining process enables large-scale production

Green Car Congress

Toray Industries, Inc. and Daimler AG are forming a joint venture in Esslingen, Germany, for manufacturing and marketing of Carbon Fiber Reinforced Plastics (CFRP) automobile parts. Reducing the vehicle weight for boosting fuel efficiency is an important issue in the automobile industry.

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Tesla Overtakes BMW In 2021 US Luxury Car Sales

Get Electric Vehicle

World leader in electric vehicles Tesla has been steadily increasing its market capitalization for several years. Musk’s manufacturer may be credited with hastening the adoption of electric automobiles with the Model S and succeeding models. BMW, on the other hand, sold 336,644 automobiles in the United States last year.

BMW 52
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Top 5 Truck Companies in the World With the Potential to Revolutionise the Logistics Sector

Get Electric Vehicle

We don’t have to stress the point that, the automobile industry is going all-electric. Earlier, electric vehicles were used extensively in manufacturing plants for material handling and stocking purposes. It makes a Class 6 garbage truck and Class 8 tractors for the short-haul goods movement market. Daimler Trucks.

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Mercedes-Benz to launch four new electric vehicles in few months

Electric Vehicles India

Mercedes-Benz’s brand-new electric vehicles will be a combination of both CKDs and CBUs. Mercedes-Benz, the luxury car manufacturer, is in plans to launch four new electric vehicle models within 8 to 12 months in India, the firm’s head of region overseas, Matthias Leuhrs announced on Thursday.