Brussels, 27 June 2019 – In the side-lines of its annual general meeting in Brussels today, the European Automobile Manufacturers’ Association (ACEA) revised its forecast for 2019 passenger car registrations downwards to -1%. ACEA’s initial forecast, published earlier this year, was for growth of up to 1% compared to 2018. The association now expects a… Continue reading Press Releases – Auto industry revises 2019 car sales forecast to -1%
Tag: Renault
Alliance Ventures | Jun 27th 2019ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY Read more
PRESS RELEASE – Paris/Munich, June 27, 2019 Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, announces an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions. That investment is the latest by Alliance Ventures in start-up, early-stage… Continue reading Alliance Ventures | Jun 27th 2019ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY Read more
APPOINTMENTS TO THE EXECUTIVE COMMITTEE OF RCI BANK AND SERVICES
RCI Bank and Services is changing its organization structure. It has created a Group Compliance Division, effective from July 1, 2019. Jean-Louis Labauge has been appointed Chief Compliance Officer and a member of the Executive Committee. He reports to Bruno Kintzinger, CEO. Frédéric Schneider has been appointed Vice President, Sales and Marketing of… Continue reading APPOINTMENTS TO THE EXECUTIVE COMMITTEE OF RCI BANK AND SERVICES
ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY
Paris/Munch, June 27 2019 – Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, announces an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions. That investment is the latest by Alliance Ventures in start-up, early-stage development… Continue reading ALLIANCE VENTURES INVESTS IN THE MOBILITY HOUSE TO BOOST ELECTRIC MOBILITY
China’s Didi Chuxing to expand partnership with automaker GAC Group
Chinese ride-hailing giant Didi Chuxing said on Wednesday it would expand its partnership with Guangzhou Automobile Group Co Ltd (GAC Group) to areas such as ride-hailing operations and autonomous driving. China’s largest ride-hailing firm and Guangzhou-based GAC Group will work on fleet expansion and management, development of new mobility products, and collaboration on smart driving,… Continue reading China’s Didi Chuxing to expand partnership with automaker GAC Group
Football clubs look to recycled car batteries to power floodlights
Old electric vehicle batteries retain enough capacity to light up a game Six European football stadiums are experimenting with deploying used car batteries to power their floodlights. The battery packs, comprised of used electric car batteries, are being supplied by Eaton, the US-based electrical systems firm. Eaton vice-president Craig McDonnell could not reveal the clubs… Continue reading Football clubs look to recycled car batteries to power floodlights
Regional discounts can make electric cars a steal
In some places, you almost can't afford not to buy an electric car.
Adding regional incentives to state and federal incentives can cut the price of some electric cars nearly in half and make them cheaper than some used cars or the most basic of new gas models. Consider that electric cars never need gas or oil changes, and buyers can come away with lower monthly costs than just buying gas for an older car.
These state and regional incentives—along with occasional special fees charged on electric-car buyers—can make or break the purchase of an electric car.
The best example currently is in Denver, incentives from a local dealer and utility company pile onto the $5,000 Colorado tax credit, and federal tax credits to cut as much as $19,500 off the purchase price of a Nissan Leaf. That's more than the base MSRP of a Honda Fit, a Hyundai Elantra, or a Mazda3.
As in Denver, local energy companies often play a big part in such discounts. Xcel Energy, a local Colorado utility, has partnered with Tynan's Nissan in Aurora to offer the program. Xcel and Tynan each kick in a $3,500 cash incentive, which, combined with the Colorado state tax credit and the $7,500 federal tax credit, can get buyers into a base Nissan Leaf for as little as $11,665.
Payments on a five-year loan at 5 percent interest could be as little as $220 a month. That's less than some Denver drivers may pay for gas every month.
Colorado is working hard to spread electric cars among its population to improve air quality in the region. Denver may be the most compelling place to buy a Nissan Leaf, but other regions also offer compelling deals.
– Buyers in nearby Fort Collins, Colorado, offers buyers a $9,000 group-purchase discount on top of state and federal tax credits that can make Leaf purchases even cheaper than in Denver.
– Connecticut offers electric-car buyers a $3,000 state tax credit, and some state utilities add thousands more. Norwich Public Utilities offers a $1,000 rebate for those who buy or lease a new or used electric car.
– Oregon offers a tax incentive of $2,500, which buyers can add to a $3,500 rebate on Nissan Leaf purchases through the local utility Portland General Electric.
– State, county, and municipal tax exemptions in Seattle can add up to more than $2,500 per car.
No matter where you live, it's worth seeking out these local discounts and incentives. They can make choosing an electric car even more affordable.
Nothing happens with Fiat-Chrysler, says Renault
Circulate, there is not much to see. Whereas the smell of a marriage between Fiat-Chrysler and Renault sometimes remains perceptible in the air Jean-Dominique Senard said Tuesday in Yokohama, on the sidelines of the Nissan General Assembly, that there was nothing on the table at the moment. “I know we hear a lot, but today… Continue reading Nothing happens with Fiat-Chrysler, says Renault
Press Releases – CO2 from new cars up for second consecutive year, raising auto industry concerns
Brussels, 25 June 2019 – European Environment Agency (EEA) data issued yesterday confirm that CO2 emissions from new passenger cars rose for the second year running in 2018, up 1.6% on 2017. Last year was also the second year when petrol cars were the most sold fuel type, further expanding their market share while sales… Continue reading Press Releases – CO2 from new cars up for second consecutive year, raising auto industry concerns
In Japan, Nissan shareholders have rallied against … the French
Hiroto Saikawa will have finally had a good day. The CEO of Nissan, whose the future at the helm of the company is increasingly questioned , had planned to let its shareholders express their annoyance at the general meeting. Since the fall of Carlos Ghosn, the value of their shares has plummeted by 30% over… Continue reading In Japan, Nissan shareholders have rallied against … the French