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Porsche CFO says Europe may delay its ICE ban

Baua Electric

On the heels of unveiling the long-awaited all-electric Porsche Macan SUV, the company’s chief financial officer Lutz Meschke delivered what could be some dreary news, if it happens: He said that Europe’s plan to ban ICE vehicles by 2035 may get pushed back due to a slowing EV demand, reports Automotive News Europe.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

Electric vehicle subsidies went from temporary to indefinite and combustion bans have gone from right around the corner to anyone’s guess. Despite Europe having adopted battery electric vehicles far more quickly than North America, the market is still confronting a lot of the same problems. I think it could be delayed."

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The number of EVs sold globally in Q1 2024 is roughly equivalent to that in all of 2020. In the US, roughly 1 in 9 cars sold are projected to be electric.

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3 Surprising Marketing Benefits of Electric Car Charging Stations

EV Connect

But there’s one method that may not have crossed many owners’ minds just yet: electric vehicle charging stations. If recent news is any indication, more owners are realizing that installing EV charging stations can be a boon to business. drivers would consider buying an electric vehicle in the future.

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Driving Dystopia: BMW Sneaks Subscription Services Back Into Vehicles

The Truth About Cars

BMW resuming its push for subscription services dates back to January, when news leaked that it planned to add power to some of its all-electric models in exchange for an annual fee of $1,200. Customers can buy the feature outright and BMW will likewise allow drivers to subscribe on a monthly or annual basis.

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

Green Car Congress

Consumers’ expectations around the performance and purchase price of electric vehicles are so divergent from the actual offerings available today, that no more than 2–4% of consumers worldwide would have their expectations met, according to a new survey from Deloitte. range, convenience to charge and purchase price of the vehicle.

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Yes, Automakers Stand To Benefit From Installing Public EV Charging Stations

EV Connect

to electric vehicles (EVs) is a massive undertaking. That’s how Tesla charged to a massive head start — simply by putting as much effort and resources into building its charging network as it did into making its cars. The Coming Demand for Open, Accessible Charging At the end of 2020, there were roughly 1.4