The report by Michael Sivak and Brandon Schoettle of the University of Michigan Transportation Research Institute indicates EVs are much cleaner than conventionally powered vehicles.
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Amazon Wants Direct Car Sales in UK, Rolls-Royce Buyers Younger Than Expected, Can the Camry Revive Sedans?
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To build the new Camry, Toyota has added more than 700 jobs at the plant, bringing total employment to more than 8,000, an all-time high for the facility.
Amazon reportedly is recruiting car-sales executives and plans to headquarter the business in corporate-tax-friendly Luxembourg while eyeing the U.K. as its probable first market.
The legislation will allow the government to require the installation of charge points for electric and hydrogen vehicles at motorway service areas and large fuel retailers, and to establish common technical and operational standards.
The deal calls for Bavaria to provide incentives to promote the sale of newer, cleaner cars, while automakers BMW and Audi and truck manufacturer MAN pledge to reduce nitrogen-oxide emissions from their diesel engines.
BMW's chief financial officer, Nicolas Peter, says the German automaker will spend between 5.5% and 6% of its revenues on R&D in the next three years, compared with 5% in recent years.
Drive.ai, which is developing fully autonomous driving systems for cars, raised $12 million in an initial round of funding in 2016 and plans to begin testing its technology later this year.
