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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. United Kingdom ?

Motor 284
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Nidec to Acquire Emerson Electric Co. Motors & Controls Business

Green Car Congress

Japan’s Nidec Corporation, the world’s leading manufacturer of motors for hard-disk drives, has entered into an asset and stock purchase agreement with Emerson Electric Co. EMC) to acquire EMC’s Motors & Controls business in an all cash deal. Terms of the arrangement were not disclosed. Earlier post.) billion) by the fiscal year 2015.

Motor 186
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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. Between 2009 and 2011, Chinese buyers purchased 13,000 EVs and PHEVs—more than U.S. The automobile industry has said that without additional government subsidies they can only sell 600,000 electric cars by 2020 at best.

Europe 244