Live Breaking News & Updates on Greg caleo

Stay informed with the latest breaking news from Greg caleo on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Greg caleo and stay connected to the pulse of your community

Even Tesla can't overcome Australia's 'uniquely hostile market' for electric cars

Apr 13, 2021
Tesla Inc. and the electric-car industry generally thrive in the world’s richest nations. Not so in Australia, where even tractors outsell EVs two to one.
More than four decades after Mel Gibson’s supercharged Ford Falcon roared across the country in Mad Max, the car-loving nation is defying a global shift to electrification. Battery-powered vehicles made up just 0.7% of Australia’s new car sales in 2020, while in the U.K. and European Union, the figure soared to more than 10%.
The resistance is drawing the ire of global automakers, which are delaying or skipping vehicle releases in Australia to supply markets that offer EV subsidies and have more aggressive emissions targets. Volkswagen AG, Europe’s largest automaker, likens Australia’s EV policies to those of a “third-world country.”

Northern-territory , Australia , Japan , Sydney , New-south-wales , Alice-springs , China , Indonesia , Turkey , Australian , Japanese , Toyota-hilux

Even Tesla Can't Overcome Australian Hostility to Electric Cars

Angus Whitley and Georgina Mckay, Bloomberg News
A Volkswagen ID.4 electric Sport Utility Vehicle (SUV) inside the VW Autostadt automobile delivery towers in Wolfsburg, Germany.
, Bloomberg
(Bloomberg) --
Tesla Inc. and the electric-car industry generally thrive in the worldâs richest nations. Not so in Australia, where even tractors outsell EVs two to one.
More than four decades after Mel Gibsonâs super-charged Ford Falcon roared across the country in Mad Max, the car-loving nation is defying a global shift to electrification. Battery-powered vehicles made up just 0.7% of Australiaâs new car sales in 2020, while in the U.K. and European Union, the figure soared to more than 10%.

Northern-territory , Australia , Japan , Sydney , New-south-wales , Alice-springs , China , Indonesia , Turkey , Australian , Japanese , Toyota-hilux