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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.

Motors 284
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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

Sector analysis: Automobiles. The major climate change-related risk for the automobile industry is the potential to be exposed to carbon reduction legislation such as carbon taxes or emissions trading systems which would result in corresponding increases in operating costs, according to the KPMG report.

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GM’s Volt Program = $700m

Revenge of the Electric Car

in tax incentives for those sites and others. The state has the highest US unemployment rate at 15.2%, largely a result of the depressed automobile industry that has resulted in thousands of layoffs in the past 18 months. “We expect the Detroit-Hamtramck plant will be the first facility in the U.S. Michigan has approved $135.2m

Volt 124
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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

The automobile industry has said that without additional government subsidies they can only sell 600,000 electric cars by 2020 at best. In the short run, preserve the implicit road tax exemption for EV owners by minimizing road use EV surcharges. Enthusiasm in some areas has been tempered by slow EV uptake.

Europe 244
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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry. You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost.

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Former Tesla exec confirms WSJ report on Biden admin’s anti-Tesla bias

Teslarati

.” It was reportedly these factors that led to Tesla being snubbed by the Biden administration in its EV summit and US President Joe Biden crediting GM CEO Mary Barra for leading and electrifying “the entire automobile industry.” ’ And by the way, SpaceX would be paying a carbon tax too.

Tesla 101