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The EU’s 2035 petrol ban receives pushback from five countries

Teslarati

In the documents, the authors cited two main concerns, mainly dealing with infrastructure and affordability. Secondly, they state that a ban implemented this quickly would disadvantage countries with a lack of purchasing power, forcing an undue burden onto citizens of these countries. Shoot me an email at william@teslarati.com.

Petrol 98
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T&E study: EVs can be cheaper for Uber drivers to run than latest diesels in many European capitals

Green Car Congress

This is because of cheaper electricity, lower EV retail prices and higher purchase incentives in France. As cities and countries announce bans on diesel and petrol cars to fight air pollution and climate change, the appeal of driving emissions-free vehicles such as electric cars increases.

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‘Buy Tesla’: Goldman Sachs defines investments as the Age of Oil closes

Teslarati

UPS, for example, recently purchased all-electric Vertical Takeoff and Landing (eVTOL) drones that can help with deliveries. The biggest disruptions for the global oil and petrol market come where electrification is becoming a more favorable option. ” Goldman Sachs on The Future of Energy Demand.

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KPMG survey finds global auto execs expect ICE dominance for some time; ICE downsizing and PHEVs to receive greatest investment over next 5 years; mobility-as-a-service in cities

Green Car Congress

more than half of auto executives involved in the survey feel that battery electric vehicles will have the same driving range as their petrol-fueled equivalents within 6 years.”. Forty-one percent of executives taking part in the survey believe that government subsidies are needed if e-vehicles are to become affordable.

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Monthly Market Update: BEV value retention troubles continue

Baua Electric

This was followed by petrol vehicles at 76.1 HEVs retained the greatest amount of trade value in January at 52.5%, followed by petrol cars at 50.6%. Petrol-powered cars saw %RVs fall in February. The petrol vehicle market proved quite stable until December last year. Additionally, some HEVs are becoming more affordable.

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

Green Car Congress

Affordability is clearly a major barrier. The figures also show that customer incentives for purchasing ECVs, and especially their monetary value, differ greatly across Europe. ECV Units sold. GDP per capita. The market share of ECVs is only significant in countries which offer extensive incentives.

Greece 150
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Used Tesla Model 3 prices are rising in the UK

Teslarati

The amount of consumers switching from petrol to electric vehicles also adds to the used electric vehicle market. Second-hand EVs make electric cars more affordable. In the UK, the government offers home charging grants for buyers who purchase new or used plug-in vehicles.

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