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Volkswagen, Land Rover, among those paying millions in fines for missing CO2 targets

Baua Electric

European automakers including Volkswagen and Jaguar Land Rover had to pay $552 million in fines for missing CO2 emission targets in 2020, the first year new regulations were put in place, according to a new report. In October 2021, Jaguar Land Rover said that it had paid a fine of about £35 million, or about $43.5

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BYD wants to bring a Land Rover-style SUV that can ‘float on water’ to Europe

Baua Electric

Chinese EV behemoth BYD may bring two off-road electric SUVs sold in China to Europe that could rival the Land Rover Defender, the Mercedes G-Class, and Ford Bronco. BYD may consider exporting two SUVs – the Yangwang U8 and the Fang Cheng Bao 5­ – to Europe, company executives told Automobilwoche. tonne curb weight.

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ACEA, Hydrogen Europe and IRU call on EU to ramp up investments in hydrogen refueling infrastructure

Green Car Congress

The European Automobile Manufacturers’ Association (ACEA), Hydrogen Europe and the International Road Transport Union (IRU) are jointly calling on European policy makers to ramp up investments in EU-wide hydrogen refueling infrastructure for fuel cell electric vehicles. the Connecting Europe Facility). logistic centers).

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GE Capital to Provide Up to £170m to Jaguar Land Rover

Green Car Congress

GE Capital signed an agreement with Jaguar Land Rover (JLR), the UK-based subsidiary of Indian group Tata Motors, to provide a working capital facility of up to £170 million (US$286 million), available for a five-year term. —Rich Laxer, EMEA President & CEO, GE Capital.

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Tata Motors commits almost $50M to UK National Automotive Innovation Campus

Green Car Congress

Tata Motors Limited, India’s largest automobile manufacturer, has confirmed its long term commitment to advanced research and development in the UK through the participation of its subsidiary, Tata Motors European Technical Centre (TMETC), in the UK’s National Automotive Innovation Campus (NAIC). Earlier post.). billion in 2012-13.

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Diesel market share in Europe drops below 50%; offset by increased gasoline engine sales; implications for climate targets

Green Car Congress

Seeking to exploit the opportunity provided by the decline in diesel, in September, Dr. Johan Van Zyl, President and CEO of Toyota Motor Europe, announced today that in future it is Toyota’s ambition to provide its core models with a choice of two hybrid powertrains. —ACEA Secretary General Erik Jonnaert.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

The new ACEA data not only show a clear split in electric car sales between Central-Eastern and Western Europe, but also a pronounced North-South divide (eg Greece 0.2%, Italy 0.2% And the Parliament is proposing even more aggressive targets, going as far as 50%. —Erik Jonnaert. and Spain 0.6%). —Erik Jonnaert. —ACEA report.