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BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

BMW CEO Norbert Reithofer is calling for tax subsidies in Germany to help meet the federal government’s target of having 1 million electric cars on the road in eight years. Because of the high purchase prices for electric cars, there is a need for incentives. for example, the tax law.”.In

Tax 250
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T&E study finds plug-in hybrids show higher CO2 emissions than claimed

Green Car Congress

T&E said governments should therefore end the purchase subsidies and tax breaks for plug-in hybrids. When driven in battery-charging mode, which could become more common as motorists charge up ahead of using electric mode in low-emissions zones, the PHEVs emitted three to 12 times more.

Plug-in 243
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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

Motoring 284
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

As a result, BCG concludes, the electric car faces stiff competition from ICEs (internal combustion engines) and, based solely on total cost of ownership (TCO) economics, will not be the preferred option for most consumers. BCG expects pack costs for OEMs will fall to ~$360-440 per kWh by 2020. Source: BCG. Source: BCG.

CO2 246
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Kia Niro EV specs, recapturing CO2, and electric-car support vs interest: Today's Car News

Green Car Reports

Scientists have discovered a way to recapture CO2 and recycle it into fuel. A new study found there's more support for electric cars than knowledge or interest. And Waymo's purchase of up to 62,000 Chrysler Pacific Hybrids could account for one-third of FCA's available consumer tax credits.

CO2 119
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ITF analysis finds that societal costs for electric cars and vans range from €7K to €12K more than fossil-fueled equivalents

Green Car Congress

The analysis, “Electric Cars: Ready for prime time?”, finds that the societal costs for electric cars and vans range from €7k to €12k (US$8,889 to $15,238) more than fossil-fueled equivalents. The current generation of electric cars represents a significant improvement over previous ones.

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Electrification of Company Cars & Tax Reform Needed in France

CleanTechnica EVs

How to reduce CO2 emissions from commercial fleets through taxation.

France 143