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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

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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Volvo follows in Stellantis’ footsteps and departs from ACEA

Teslarati

As the auto industry splinters over the switch to electric vehicles, Volvo Cars AB is the second major manufacturer to leave Europe’s auto lobby. Carlos Tavares, the CEO of Stellantis, has been one of the most outspoken advocates for a slower shift in the automotive industry. I’d love to hear from you!

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Automakers whine about €15B fine they knew they’d risk for pushing gas cars

Baua Electric

de Meo tries to avoid blame for fines industry knew were coming Today, Luca de Meo, who is CEO of Renault and also head of the European Automobile Manufacturers Association (ACEA), said to Inter radio in France that fines could total €15 billion if fleet emissions remain at today’s level, or that automakers would need to give up the production of 2.5

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KPMG Survey: execs say connected car generates 10x revenue than a conventional vehicle; market share based on units “outdated”; BEVs #1 trend

Green Car Congress

The massive amounts of data that is being collected presents a tremendous business opportunity for auto companies. Addressing information security concerns is a critical priority for automakers, and one they cannot afford to get wrong. Good-bye to auto-digital fusion, hello to co-integration. —Gary Silberg.

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Porsche Scaling Back Taycan Production

The Truth About Cars

With Porsche planning to eliminate its more affordable combustion models for the sake of fleet-wide electrification, there has been a lot of speculation on how well that will play out for the company in the long run. As of April 2024, BMW reported Chinese sales having declined by 3.8 percent annually.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Gasgoo.com | ?? |

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. One million.”. Neither does the U.S.

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