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Volvo CEO: Ban on gasoline cars makes more sense than EV credits and subsidies

Green Car Reports

A ban on gasoline cars will be more effective than the current practice of electric-car incentives, Volvo CEO Håkan Samuelsson told a Financial Times conference earlier this week. “No one can build a successful and profitable business by relying on incentives,” Samuelsson said.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

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BMW to offer all-electric performance and Touring versions of new 5 Series

Green Car Congress

BMW’s upcoming eigth generation of the 5 Series will offer all-electric and plug-in hybrid variants as well efficient gasoline and diesel engines with 48V mild hybrid technology. The all-electric BMW i4 M50 shows how BMW blends dynamic performance and electric mobility to perfection.

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Hyundai Motor Group outlines new powertrain strategy: Smart Stream targeting 50% thermal efficiency

Green Car Congress

Hyundai Motor Group outlined its future powertrain development strategy at its International Powertrain Conference in Korea. At the conference, Hyundai Motor Group is displaying the first four engines and two transmissions from its forthcoming line-up of new Smart Stream powertrains. Fuel Cell Electric Vehicle.

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New Nissan Qashqai in Europe to offer 12V MHEV and upgraded e-POWER powertrains

Green Car Congress

DiG-T gasoline engine equipped with mild hybrid technology, but also e-POWER, Nissan’s non-plug-in series-hybrid electric powertrain in its European debut. Electric vehicles have the highest satisfaction for driving sensations and customers love the instant torque and continuous acceleration they deliver.

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UK AA president says millions of second cars could be electric

Green Car Congress

At last week’s Low Carbon Vehicle Partnership conference in the UK—prior to the Battersea Formula E Grand Prix run over the weekend—Edmund King, the UK AA’s (Automobile Association) president argued that millions of second cars in households could relatively easily be electric vehicles.

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France launches new climate plan; Euro 7 lead; targeting ending the sale of vehicles emitting GHGs by 2040

Green Car Congress

Nicolas Hulot, France’s new minister responsible for environment and energy, presented the country’s new climate plan at a press conference at the Ministry. Among the many actions outlined in the plan is the targeting of ending the sale of cars emitting greenhouse gases (“ gaz à effet de serre ”) by 2040.

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