Remove Automobile Manufacturer Remove Buy Remove Purchase Remove Sale
article thumbnail

Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill also includes a reporting requirement for State agencies that purchase vehicles.

Maryland 207
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units. million units.

Europe 261
article thumbnail

European Parliament proposes 40% cut in new car CO2 by 2030; acceleration of sales of electric and low-emission cars

Green Car Congress

Carmakers will also have to ensure that zero- and low- emission vehicles—ZLEVs (electric cars or vehicles which emit less than 50g CO2/km)—have a 35% market share of sales of new cars and vans by 2030, and 20% by 2025. Consumers cannot be forced to buy electric cars, without the necessary infrastructure or incentives in place.

CO2 278
article thumbnail

GM sets October retail sales record in China, Up 15%

Green Car Congress

General Motors and its joint ventures’ retail deliveries rose 15% year-on-year to a record 327,037 vehicles in China in October, with Buick posting its best-ever monthly sales. Buick sales gained 42% in October, with monthly sales exceeding 100,000 units for the first time. Sales of the ATS-L reached a new high for the month.

GM 150
article thumbnail

XPeng revs up for comeback after ending 2022 in the slow lane

CN EV Post

But investors seem to be buying into the company's newly detailed comeback story, driving up its valuation ratios past its top two rivals in the days after its latest results announcement. The company's net loss nearly doubled to 9 billion yuan, despite a drop in both sales and marketing and R&D expenses. XPEV.US, 9868.HK),

China 105
article thumbnail

National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

It also considered barriers that automobile manufacturers and dealerships face in promoting the adoption of PEVs. PEVs have higher purchase prices than comparable conventional vehicles. Some research has shown that purchase rebates can be more effective than income-tax credits, the committee noted.

Plug-in 312
article thumbnail

Why You Should Invest In an EV Charging Station?

Get Electric Vehicle

An inclusive EV culture is slowly evolving as people tend to buy, dine, and park based on the availability of charging stations as EV adoption continues to rise. In 2020, global EV sales topped 3.2 By 2025, global EV sales are forecast to top 12.2 EV Sales are Surging. Increased Buying Incentives. million in 2019.