Green Car Congress

MARCH 10, 2011

There is no doubt that electric vehicles are the future of the automotive industry. The automotive industry continues to invest in high end R&D to devise the cutting edge technology required for electric vehicles. It is clear that this innovation is a priority for car manufacturers.

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Europe Scrappage Turkey Purchase 258

Green Car Congress

FEBRUARY 5, 2009

A number of EU member states have launched scrappage incentive schemes, which have the benefit of boosting consumer confidence and delivering significant environmental improvements. The UK motor industry is urging UK government to introduce a similar scheme and help sustain jobs and businesses throughout the sector. No age limit.

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Scrappage Industry Industrial 2008 150

Baua Electric

MARCH 12, 2025

Meanwhile, southern countries like Spain and Italy, have continued to struggle. This is thanks to recent governmental incentives, with a scrappage scheme up for consideration as well. The European Commission recently published its Industrial Action Plan for the blocs automotive sector, providing some relief to carmakers.

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Store Europe Spain PHEV 52

Baua Electric

JANUARY 6, 2025

Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. Although Italy introduced a new incentive scheme in May 2024, the total funds dedicated to BEVs were fully depleted within a day. billion light vehicles on the road today. appeared first on Bauaelectric EV News.

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Global Market North America PHEV 52