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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motors 284
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Electric Last Mile Solutions announces long-term supply agreement with Wuling Motors

Green Car Congress

Electric Last Mile Solutions (ELMS), a designer of intelligent, e-mobility workstations for the last mile, signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry Co., Urban Delivery is expected to enter the US market at a starting price of approximately $25,000, after incentives.

Miles 259
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NHTSA to propose new fuel economy standards soon; 8% increase per year for MY 2024-2026

Green Car Congress

NHTSA’s proposal comes as the automobile industry is retooling future models in response to market demand for cleaner, more fuel-efficient vehicles.

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LG and Magna to develop next generation autonomous driving-infotainment solution proof of concept

Green Car Congress

LG Vehicle component Solutions (VS) Company, a supplier of In-Vehicle Infotainment (IVI) systems in the automobile industry, has been proactively exploring its portfolio of future products and technologies. This concept will focus on creating executable IVI-ADAS solutions to better meet carmakers’ vehicle programs.

Concept 186
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Delaware adopting California’s ZEV regulations

Green Car Congress

Implementation of the ZEV regulations would not take place until model year 2027 (2026) to provide manufacturers time to adjust their inventories and prepare dealerships. Manufacturers receive credits for each delivered vehicle based on the type of vehicle, range and other factors.

Delaware 284
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

Green Car Congress

a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. The Chinese LCV market forecast is for 3 million units per year, growing and moving rapidly.

China 207