News

Convincing everyone to adopt a new technology can be difficult at first. The humble microwave oven, for example, took two decades of lukewarm sales to reach just a tenth of U.S. households. …

Shares of Vietnamese electric-vehicle maker Vinfast surged 21% on 28 August, extending a rally from last week that more than quadrupled its market value to $160 bn. …

The Gothenburg Port Authority has started developing an entirely new digital port call solution in collaboration with maritime operators. …

Britain is working on a battery strategy that calls for views from companies, investors and battery designers, as it seeks to attract more investment into an industry that is key to its net zero goals. …

Chinese carmaker Great Wall Motor (GWM) has appointed Sándor Gacsó as its logistics manager for Europe. …

The BMW Group continues to invest in e-component production at Plant Leipzig and in the future of the site. …

The premium EV maker will show the Z GT sedan at the show, and will have three models at its new retail site in the Munich airport. …

Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report …

Firms looking to conduct business in the EU could face penalties if their tachographs aren’t up to date. …

Volkswagen Group has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, Infineon Technologies and Renesas Electronics. …

According to CEO Andy An, Geely’s premium electric brand Zeekr wants to increase its annual sales to 650,000 electric cars by 2025 and is planning more models for this purpose. …

The Upply x Ti x IRU European road freight rates index for Europe shows that the Contract Rate Index is down 0.2 points quarter on quarter, although it remains up 2.8 points year on year. …

Stellantis is considering a tie-up with a Chinese electric vehicle company as Europe’s second-largest automaker by sales seeks to bolster its presence in the world’s biggest auto market, people familiar with the matter tol …

With costs escalating nationwide, businesses’ finances are a key priority. As a result, Logistics UK has announced its brand new one-day event ‘Logistics Finance Forum’ aimed at industry leaders. …

Tesla lowered the production target of its German plant to 4,350 a week in July and August after hitting 5,000 a week in March, and plans to reduce it further, according to a Business Insider report citing internal doc …

Hyundai has started series production of the new Kona electric at its plant in Nošovice, Czech Republic. Hyundai plans to produce around 21,000 units by the end of this year and another 50,000 next year. …

Toyota is pausing production at its Kolin factory in the Czech Republic for nearly a week due to a parts shortage caused by a fire at a local supplier. …

Maroš Šefčovič — the European Commission’s Mr Fix It — on 22 August took control of the EU’s climate policy after Frans Timmermans quit to make a run for Dutch prime minister. …

Denza's D9 electric minivan will receive a European debut at the IAA Mobility show in Munich. Chinese EV giant BYD will launch its upmarket Denza brand in Europe at the IAA Mobility show in Munich next month. …

EVs on board car carrier Fremantle Highway are reported to be “in good condition” and salvageable after a fire that broke out on the vessel on 25th July, according to first inspections. …