9/9/2019

Sales of Electrified Cars to Quadruple in Europe

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

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.

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

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.

RELATED CONTENT

  • Mazda Makes a Revolutionary Engine

    Mazda, the Little Car Company That Can, has been working on a number of important fronts of late.

  • What Is Continental Doing with ~10,000 Engineers?

    Continental, an automotive supplier that has a deep engineering bench, is making a huge organizational change, one that Dr. Elmar Degenhart, chairman of the executive board, explains is necessary because, as he puts it, “The industry is changing at a high pace, so we have to change, too.”

  • Hyundai Shops for a Partner to Make Electric Scooters

    Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.