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The révolution is on: France has record year in EV sales

Baua Electric

Photo by Pixabay on Pexels.com It was a very good year in France for electric cars, for all kinds of reasons – among them, new cheaper cars entering the market supported by generous government subsidies. In 2023, 26% of new cars sold in France were battery electric and plug-in hybrid vehicles, a huge 47% jump from 2022.

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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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Automakers whine about €15B fine they knew they’d risk for pushing gas cars

Baua Electric

At issue are Europe’s 2025 CO2 targets, and a penalty calculated based on fleet average CO2 emissions per automaker. If an automaker fails to meet this legal target, which was established in 2017 , it may have to pay a fine of €95 per gram of CO2 per car. Meanwhile, gas car sales actually are slowing (-2% in 2Q).

Gas 52
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The European electric vehicle market continues to grow

Setec Powerr

According to data released by BloombergNEF, Europe now accounts for 34% of global electric vehicle sales and is the second largest worldwide market after China. million electric vehicles will be sold in Europe in 2021, up 66% year-over-year, accounting for 19% of all new vehicle sales and only 3.6%

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Frost Sullivan Projects That About 80% of European Vehicle Sales Will Be in the 150 g/km CO2 Band by 2015; EVs as a Strategy of Premium Automakers

Green Car Congress

A new report from Frost & Sullivan, Implementation Roadmap of CO 2 Tax Banding in European Countries and Impact Analysis on Powertrain and Green Technology Adoption , finds that about 80% of the European vehicle sales is expected to be in the less than 150 g/km CO 2 emission band by 2015.

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Lamborghini Breaks Historic Sales Record

The Truth About Cars

Lamborghini has broken its own sales record by delivering over 10,000 automobiles in 2023. Sales were primarily driven by the Urus, with 6,087 vehicles delivered, and the Huracán, boasting 3,962 units. While the sales are good news for the brand, breaking the 10,000-unit barrier could come with some complications.

Sale 105
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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. Overview of EU CO 2 -based taxes.

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