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Volkswagen releases design sketch for ID.AERO fully-electric sedan; Chinese market first

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AERO concept vehicle, a fully-electric limousine planned for the Chinese automobile market. AERO concept is expected to go on sale in the Chinese automobile market in the second half of 2023. The corresponding production model for the North American and European market will be presented in 2023.

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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. in July-September 2019 to 75.4%

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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. Source: ACEA.

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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. This just goes to show the sheer scale of the importance of the automobile industry to Europe. United Kingdom ?

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Six Japan-based companies establish Research Association of Biomass Innovation for Next Generation Automobile Fuels

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Toyota Motor Corporation , and Toyota Tsusho Corporation established the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association) to study ways to optimize the process of producing fuel. ENEOS Corporation, Suzuki Motor Corporation, Subaru Corporation, Daihatsu Motor Co.

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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%).