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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. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motor 284
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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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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

Green Car Congress

On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. At present, it is available in models sold in Europe and Japan.

Plug-in 150
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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

Green Car Congress

In the first half of 2015, China surpassed the United States to become the largest market for alternative energy vehicles. market share amongst China’s pure EV players. BJEV plans to bring a complete lineup of alternative energy automobiles to market. BJEV is also preparing for a second R&D facility in Europe.

Europe 150
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business.

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Yamaha introduces the NEO and E01 electric scooters in India

Electric Vehicles India

As we all know many manufacturers are in a race to develop Two wheels and now Yamaha is also trying to introduce its new brand two-wheeler into the Ev market, Yamaha is well-known for all in petrol 2 wheeler here if we look into the EV space there are few major two-wheeler Ev’s like Bajaj, TVS, Ola and few more.

India 96