Remove Batteries Remove Estonia Remove Market Remove Purchase
article thumbnail

ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. By contrast, almost half of all EU member states have an ECV market share of 0.5% ECV Units sold. GDP per capita.

Greece 150
article thumbnail

Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

Green Car Congress

Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
article thumbnail

2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

In 2023, Europe’s auto market achieved its best sales since the pandemic, spurred partly by strong demand for EVs. Battery EVs set a new record, selling over two million units and taking 15.7% of total market share. Europe’s automotive market appears to be normalizing,” said Felipe Munoz, Global Analyst at JATO Dynamics.

Europe 52
article thumbnail

Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

Green Car Congress

Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
article thumbnail

JRC report finds electric vehicles in Europe on the way to full-scale commercialization

Green Car Congress

This report covers battery-electric (BEV), plug-in hybrid (PHEV), range extended electric vehicles (REV), and fuel cell electric vehicles (FCEV). The report also emphasizes that market deployment is still dependent on support policies and vulnerable to changes in such support. Source: Thiel et al. Click to enlarge.