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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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Rodgers and York Capital), and non-dilutive funding from market-leading customers. Based on successfully deploying 3D Silicon Lithium-ion Battery technology in portable electronic devices, Enovix is now working with leading international automobile manufacturers to develop its patented battery technology for the electric vehicle (EV) market.

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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during the same period last year, according to data from the European Association of Automobile Manufacturers (ACEA). During the third quarter, cars powered by conventional internal combustion engines lost further ground, with their overall market share going down from 88.6% of the EU car market.

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New EV market share in Europe hits 7.2% in Q2 2020, up from 2.4% in same period last year

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In the second quarter of 2020, the market share of electrically-chargeable vehicles increased to 7.2% share during the same period last year, according to figures from ACEA (European Automobile Manufacturers Association). This represents a market share of 29.4%, down from 32% in 2019. of the EU car market.

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

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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. The top 5 countries with the highest motor tax revenues are: Germany ? United Kingdom ? billion.

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ACEA map: Affordability of electric cars, correlation between market uptake and GDP in the EU

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The European Association of Automobile Manufacturers (ACEA) has published an interactive map that illustrates the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and GDP per capita for each of the 27 EU member states and the United Kingdom. Across the EU, 3.0% Across the EU, 3.0% and Italy 0.9%).

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European new car market continued to shrink in October

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In October, the EU market of new passenger cars continued to shrink, although at a slightly slower pace than in the previous months, according to data released by the European Association of Automobile Manufacturers (ACEA). While the German market remained quite stable (+0.5%), the UK expanded by 12.1%.

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Pike forecasts $1.4B market for EV telematics by 2017

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Cumulative light-duty PEV deployments by segment, world markets: 2011-2017. Source: Pike Research. Click to enlarge. Nearly nine out of ten plug-in electric vehicles (PEVs) sold this year will include at least a basic telematics package, and that percentage will likely grow to 94% by 2017, according to a new report from Pike Research.

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