Sales of Electrified Cars to Quadruple in Europe
Deliveries of plug-in hybrid and all-electric vehicles across Europe will jump fourfold to 1 million units in 2020, predicts Europe’s Transport & Environment group.
T&E says the growth will be driven by the desire of carmakers to avoid hefty European Commission fines if their new-car fleets fall below average carbon dioxide emissions of 95 grams per kilometer. The penalty will be €95 ($105) per gram over the limit, multiplied by sales volume.
The regulatory pressure will be evidenced by a bevy of new electric models to be unveiled at the Frankfurt auto show this week. Daimler, Honda, Lamborghini, SEAT, Vauxhall and Volkswagen are among those with production-ready vehicles to launch.
Market analyst IHS Markit notes that the number of electrified models offered in Europe will triple by 2021.
A young(ish) guy that I’ve known for a number of years, a man who spent the better part of his career writing for auto buff books and who is a car racer on the side, mentioned to me that his wife has a used Lexus ES Hybrid.
Hyundai's product onslaught continues with a new compact that's bigger, more stylish and more efficient than its predecessor. And its development cycle is faster than the competition.
Although the term “continuous improvement” is generally associated with another company, Honda is certainly pursuing that approach, as is evidenced by the Accord, which is now in its ninth generation.