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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.

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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

India, being the third-largest automobile market in the world in terms of sales and the largest manufacturer of two-wheelers and tractors, augurs well for aftermarket growth. The research that covered 39 countries identified the top ten international markets where it sees a combined export potential of over USD 35 billion by 2028.

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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

Green Car Congress

In Jawor (Poland), a new CO 2 -neutral engine plant is being built. According to its slogan— digital, flexible, green—it will set standards within the worldwide automobile production. In Kecskemét (Hungary), a second plant under construction will be CO 2 -neutral. The plant will start operating in 2019.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. This will lead to 1.7 times more production and 2.7 times more exports this year. We will invest in the future.

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

Factory 56 embodies the future of production at Mercedes-Benz and sets new standards for automobile construction. This is possible because the company made early investments worldwide in flexibility and technical equipment with future-oriented Industry 4.0 The smart EQ fortwo (combined power consumption: 16.5

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SK Innovation bearing in mind 3 Ontario websites for EV battery separator plant

Baua Electric

Separators are an impressive constituent in electrical automobile battery cells. It has production crops in South Korea and China, in addition to a web site in Poland that opened in 2021 and is predicted to price roughly 2 trillion gained (about CDN $2 billion) as soon as totally operational in 2024.

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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

Despite growing concerns about an economic slowdown in China, demand for new automobiles continues to be driven by rising vehicle ownership in tier 2 and 3 cities, especially for CUVs, which are advancing by 40% per annum, the report noted. The industry delivered 16.5 million units, up from an estimated 18.1 million units in 2014.

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