article thumbnail

BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

BMW CEO Norbert Reithofer is calling for tax subsidies in Germany to help meet the federal government’s target of having 1 million electric cars on the road in eight years. But last year, we sold just 2,000, including 100 at retail,” Reithofer said on Thursday at the “Handelsblatt” annual conference in Munich.

Tax 250
article thumbnail

SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

Green Car Congress

SEAT President Luca de Meo also announced at the company’s annual media conference that the CUPRA Formentor, the new CUV that was unveiled at the Geneva Motor Show, will be built at the Martorell factory. Profit after tax went up to €294 million—4.6% more than in 2017), made SEAT the fastest growing brand in Europe last year.

Plug-in 207
article thumbnail

Stellantis, LGES enforcing ‘contingency plans’ for EV battery plant in Ontario

Baua Electric

. “We are, as the federal government team working very, very hard on Stellantis, we’re very, very focused on it,” Freeland informed journalists on a decision then conferences with G7 companions in Japan. The government has dedicated to serve as much as $13.2 Thomas, Ontario.

Battery 52
article thumbnail

3 Electric Vehicle Trends in the Growing Market

EV Connect

is slower than in China and Europe. In fact, its per-capita numbers are closer to those of Europe and China than to the remainder of the United States, despite having a strong rural population in the Central Valley and a broad array of terrain. Pew has found that growth in the U.S.

article thumbnail

Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

. “We are, as the federal government team working very, very hard on Stellantis, we’re very, very focused on it,” Freeland instructed newshounds on a decision next conferences with G7 companions in Japan. The government has dedicated to lend as much as C$13.2 Thomas, Ontario.

Canada 52
article thumbnail

EC Project Concludes Transport Unlikely to Deliver Required GHG Cuts to Contribute to Meeting Overall 2050 GHG Reduction Target Without Policies to Limit Demand Growth

Green Car Congress

The analysis was based on various combinations of policy options and technological improvements including new vehicle emission limits, increased fuel taxes, support for electric and hydrogen technologies, EU motorway speed limits and land transport’s inclusion in the EU’s emissions trading scheme (ETS).

article thumbnail

Stellantis, LG Power enforcing ‘contingency plans’ for EV battery plant in Canada

Baua Electric

. “We are, as the federal government team working very, very hard on Stellantis, we’re very, very focused on it,” Freeland informed newshounds on a decision nearest conferences with G7 companions in Japan. The government has dedicated to lend as much as C$13.2 Thomas, Ontario.

Canada 52