The European Union has confirmed it has no plans to introduce quotas for electric cars. An EU spokesperson said, ‘Generally speaking, the Commission is looking into ways to promote use of low carbon energy and transport, but none of them includes quotas for electric cars. We do not discriminate between different technologies.’ The Commission was [...]

Mazda Motor Corporation has announced ‘Sustainable Zoom-Zoom 2030’, a new long-term vision for technology development that looks ahead to the year 2030. As part of the new technology to achieve this vision, the company disclosed plans to introduce a next-generation engine, the SKYACTIV-X, which will be the world’s first commercial gasoline engine to use compression [...]

Tesla intends to raise about $1.5bn in a bond offering to ramp up production of the Model 3. It has received an average of 1,800 advance reservations per day for the Model 3, since the car’s launch in late July. The Model 3 is intended to be the company’s first mass-market electric car, with a [...]

Toyota has announced it will take a five per cent share of Japanese rival Mazda. According to Reuters, the pair will then work together to build a new $1.6bn plant in America while also developing electric vehicles. The plant, due to be operational in 2021, will be able to produce 300,000 vehicles a year, with [...]

GROUPAUTO Polska (GAP) and Alliance Automotive Group (AAG) are pleased to announce that AAG has entered into an agreement to acquire a 51.3% controlling shareholding in GAP. The agreement is subject to the approval of the Polish Competition Authority. It is expected that this approval will be received within the next two months. Jean-Jacques Lafont, [...]