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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). The three countries that do not apply CO2-based taxation are Estonia, Lithuania and Poland. —Eric-Mark Huitema, ACEA Director General.

Motor 284
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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

Green Car Congress

Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

In 2023, Europe’s auto market achieved its best sales since the pandemic, spurred partly by strong demand for EVs. Purchasing a vehicle has become more expensive, and attitudes to ownership continue to change.” Chinese brands saw sales grow by 79% year-on-year. of total market share. Diesel cars still sold slightly more.)

Europe 52
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

The figures also show that customer incentives for purchasing ECVs, and especially their monetary value, differ greatly across Europe. Five EU member states don’t offer any incentives at all: Croatia, Estonia, Lithuania, Malta and Poland. Lowest ECV market share in EU in 2016. ECV Units sold. GDP per capita.

Greece 150
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

Green Car Congress

Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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Estonian shale oil company acquires shale interests in Utah

Green Car Congress

With the recent approval of the Committee on Foreign Investment in the United States (CFIUS), Eesti Energia (internationally known as Enefit) of Estonia has purchased a 100% interest in Oil Shale Exploration Company ( OSEC ) of Alabama, which has significant oil shale interests in Utah. million barrels of shale oil annually.

Utah 199
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EEA: Fuel efficiency improvements of new cars in Europe slowed in 2016

Green Car Congress

For the second successive year, the share of diesel vehicle sales declined and in 2016 fell below 50% of new sales—the lowest share of new sales since 2009 according to the official statistics. of new sales, followed by gasoline vehicles (47%), and alternatively fueled vehicles (3.3%, including electric vehicles).

2016 170