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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. The top 5 countries with the highest motor tax revenues are: Germany ?

Motors 284
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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

percent from February, according to data released today by the China Association of Automobile Manufacturers (CAAM). China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 percent year-on-year and up 24.4 Production of all vehicles in China was 2,584,000 units in March, up 15.3 percent year-on-year and 27.2

China 123
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European truck manufacturers call for action to prevent aftermarket manipulation of NOx emissions controls

Green Car Congress

In the wake of a report by the German television station ZDF identifying widespread aftermarket manipulation of NO x emissions control technologies on trucks, the European Automobile Manufacturers’ Association (ACEA) is calling for government action to preclude such manipulation.

Emissions 207
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China’s new energy vehicle sales drop m/m for first time since Aug – ET Auto

Baua Electric

from December, the first such slide since November, according to data from the China Association of Automobile Manufacturers (CAAM). on month, the worst performances for January since the 2000s, according to the China Passenger Car Association (CPCA), as subsidies and tax cuts ended. million units, up 47.9% 3 hatchback.

Auto 52
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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
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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

Green Car Congress

Tax incentives, special depreciation allowances for electrically powered service vehicles and incentives for private customers of up to €5,000 (US$5,450) per vehicle are currently discussed politically, but the funding remains unclear.

2020 150
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Why Hybrids are gaining momentum amid EV frenzy | Autocar Professional

Baua Electric

The reason for this is a lack of charging infrastructure and lower price premium over an EV. The price premium between a hybrid and EV equivalent over petrol, hybrid is better off, despite high GST.” In the US, hybrid vehicles accounted for 8.3 percent of the overall market, whereas EVs were at 6.9 percent in the 11 months of 2023.

Hybrid 52