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Stellantis CEO on the threat of Chinese EV plants in Italy

Teslarati

Stellantis NV CEO Carlos Tavares clarified the company’s position on Chinese electric vehicle brands coming to Italy. He also refuted rumors that Stellantis would shut down production in Italy and leave the country. billion) in Italy, and we are going to bring 15 new models. My position is very clear: It is fake news.

Italy 91
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Sweet October For Electric Cars In Italy — Plugins At 12% Market Share

CleanTechnica EVs

It’s yet another month of positive news for electric mobility throughout Europe, and that includes Italy — the continent’s fourth largest market — scoring high EV gains in the midst of a global ICE meltdown. October figures released by UNRAE portray a renewed picture of pain for the Italian car market. […].

Italy 144
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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

Oil 305
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Volvo Cars January global sales up 2%; Recharge models up 31%, for 40.7% of all cars sold

Green Car Congress

Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. of all Volvo cars sold globally during the month. The increase was led by markets such as the UK, Italy and Belgium. The share of fully electric cars stood at 16.2%. European sales for January reached 21,436 cars, up 14.7%

Recharge 273
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. Registrations fell in all 27 markets, but with varying severity.

Europe 261
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Punch Group acquires GM propulsion engineering center in Turin; global center of excellence for diesel

Green Car Congress

Belgium-based Punch Group has acquired GM’s propulsion engineering center in Turin, Italy. The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. — Punch Group Founder and CEO Guido Dumarey.

GM 221
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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

Green Car Congress

million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. In markets like the US and the UK, direct purchase subsidies are already starting to wind down.

2019 392