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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. The three countries that do not apply CO2-based taxation are Estonia, Lithuania and Poland. United Kingdom ?

Motors 284
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Neste launches Neste MY Renewable Diesel in Belgium

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Neste, the world’s leading provider of renewable diesel (RD) and sustainable aviation fuel (SAF) has launched Neste MY Renewable Diesel in the Belgian market. The fuel, produced from 100% renewable raw materials, is brought to the Belgian market in collaboration with the channel partner EG Group.

Belgium 299
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

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The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. By contrast, almost half of all EU member states have an ECV market share of 0.5% ECV Units sold. GDP per capita.

Greece 150
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JATO: European car registrations up 5.2% in November; SUVs post record market share

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France, Spain and Germany, along with mid-sized markets including the Netherlands and Austria, experienced the biggest increases in volume for the month, off-setting a decline in the UK market where registrations were down 11.2%. of the market, an increase of 4.3 percentage points from a market share of 27.6%

SUV 150
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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

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The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%

2001 207
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Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

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The market share of diesel vehicles fell to 39.5% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. However, the performances of these markets offset volume declines in 13 other European markets. MPVs saw market share decline by 2.1 percentage points in February.

SUV 186
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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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In terms of commercialization, we have started with a relatively niche market of supercapacitors and are now moving to Superbatteries, covering the high efficiency, high power niche of the battery market. —Taavi Madiberk, CEO and co-founder of Skeleton Technologies. This additional internal funding follows the initial €41.3-million

Estonia 186