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Ford Model e unit announces massive expansion of EV initiative in Europe: 7 new EVs by 2024

Teslarati

I am delighted to see the pace of change in Europe – challenging our entire industry to build better, cleaner, and more digital vehicles. Ford is turning some focus toward this market as it is likely to be one of the biggest catalysts to EV sales company-wide. It will be produced in Craiova, Romania, starting in 2024.

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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 European Parliament’s Committees on industry (ITRE) and transport (TRAN) will vote on the European Commission’s proposal for future car and van CO 2 targets on 10 July. On the other end of the spectrum, a country such as Romania—roughly six times bigger than the Netherlands—only has 114 charging points.

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All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

Green Car Congress

Romania was the first and so far only Eastern European Member State to introduce CO 2 -related taxation last year as part of a more comprehensive overhaul of vehicle taxation in the country. The European car industry urges EU governments to show more resolve in harmonizing car taxation schemes.

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Europe’s Most Financed Luxury Car Brand

EV Info

Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. This help to show that BMW is more of a bank than a car company.

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New Car Registrations in UK fall 30.9% in January; Industry Urges UK Government to Provide Scrappage Incentives to Boost Demand

Green Car Congress

All sales types fell in January, although the fall in the private sector was less steep, perhaps reflective of the VAT cuts but more likely that the private sector had already begun to decline in January 2008, the SMMT suggested. All segments showed falling volumes in January, except the mini segment, which was up 40.8%.

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Ford to introduce 7 new electric cars and vans in Europe by 2024; plans for new battery plant

Green Car Congress

With its extended range of electric passenger and commercial vehicle models, Ford expects its annual sales of electric vehicles in Europe to exceed 600,000 units in 2026, and also reaffirmed its intention to deliver a 6% EBIT margin in Europe in 2023. Starting in 2023, Ford will begin production of an all-new electric passenger.

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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Portfolio upgrades, enhancing efficiency, increasing renewable energy purchases, reducing throughput and sales of fossil refinery products, and increasing the share of recycled and sustainable feedstocks will be the key levers in achieving these targets. Chemicals & Materials.

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