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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. United Kingdom ?

Motors 284
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European EAGLE project to develop gasoline engine with 50% peak efficiency; Renault to manufacture prototype

Green Car Congress

The EAGLE (Efficient Additivated Gasoline Lean Engine) European research project is led by the French research organization IFP Energies nouvelles, with the participation of eight partners from Germany, France, Italy and Spain. —Jean-Marc Zaccardi, researcher at IFP Energies nouvelles and coordinator of the project.

Gasoline 170
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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

Green Car Congress

BJEV plans to bring a complete lineup of alternative energy automobiles to market. BJEV has seen sales volume climb to 6,223 units through June of 2015—representing a 23.1% market share amongst China’s pure EV players. BJEV ranks sixth globally in terms of pure EV sales.

Europe 150
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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

However, with Italy moving to drop a request to postpone the ban by five years, the plan stands, though significant changes were implemented in order to appease both sides of the debate. Many auto manufacturers have already backed the 2035 new ICE vehicle ban, including VW, Mercedes, Ford, and Volvo.