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Geely reduces Volvo stake; will continue to support Swedish automaker

Automotive Industry Automotive News Europe - 2023-11-17

Chinese billionaire Li Shufu's Zhejiang Geely Holding Group is raising around $350 m selling part of its stake in Volvo Cars, responding to investor concerns about the automaker's limited free float. …

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From Vision to Reality: DNV-Approved Tank Installed on first Aurora Class Vessel

Members Corner Hoegh Autoliners - 2023-11-17

The upsides of ammonia as a viable sustainable fuel are alluring. To say the least. …

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VW’s motor bottleneck continues to affect the Group

Automotive Industry electrive.com - 2023-11-17

After the VW plants in Zwickau and Emden announced about a week ago that they would have to cut back their electric car production due to the lack of motors, a Skoda spokeswoman now told German Handelsblatt …

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EU ETS Environmental charges

Members Corner Finnlines - 2023-11-17

Starting in 2024, the European Union Parliament has instituted a requirement for shipping companies to become a part of the Emission Trading Scheme (ETS) with the aim of achieving a 55% reduction in greenhouse gas (GHG) emissions by 2030 …

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Second Charging Station for Electric Trucks Operational in the Port of Gothenburg

Members Corner Port of Gothenburg - 2023-11-16

Port Entry is located in the heart of the Port of Gothenburg, and as the name suggests, the site serves as the entrance to the entire port area. …

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China’s EV overcapacity will get worse, von der Leyen warns

News from Brussels POLITICO - 2023-11-16

Ursula von der Leyen on Thursday doubled down on the need for the EU to investigate Beijing's state subsidies into the electric vehicle industry, saying the Chinese economic downturn will accelerate overcapacity. …

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Record zero emission truck uptake as Heavy Goods Vehicles market grows for sixth quarter running

Land transportation SMMT - 2023-11-16

British demand for new heavy goods vehicles (HGVs) grew by 14.9% in the third quarter of 2023 with 11,531 trucks serving purposes from supermarket deliveries to refuse collections joining Britain’s roads, according to the latest figures …

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Porsche upgrades Zuffenhausen plant with logistics automation

Automotive Industry Automotive Logisics - 2023-11-16

The carmaker plans to make the next 718 generation EV on the same assembly line as its two-door sports cars. …

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VW cuts shifts at Zwickau plant on lackluster EV demand

Automotive Industry Automotive News Europe - 2023-11-16

Volkswagen has cut the number of shifts at its all-electric plant in Zwickau, Germany to keep the site viable as it reacts to subdued demand for electric cars. …

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DNV and partners conclude phase 1 of EMRED JIP, agreeing on new framework for GHG reduction on offshore vessels

Maritime and Ports DNV - 2023-11-16

As the offshore industry is looking to decarbonize, DNV and partners including RWE, Vattenfall, Ørsted, Scottish Power Renewables, DEME, Cadeler, Jan De Nul Group, Ziton, Van Oord, Heerema, GustoMSC, Maersk Supply Service, Atheloen and F …

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MoU agreement connects Türkiye and the Mediterranean to Northern Europe

Members Corner DFDS - 2023-11-16

Seamless transportation facilitating trade between Türkiye and European markets …

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European shipowners call for clean affordable fuels for shipping before Parliament vote on trucks Carbon Dioxide standards

News from Brussels ECSA - 2023-11-16

Ahead of the plenary vote on Carbon Dioxide standards for heavy-duty vehicles, European shipowners highlight once more the urgent need to make clean affordable fuels available for shipping. …

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Tesla faces union-backed strikes in Sweden from mechanics, suppliers

Automotive Industry Automotive News Europe - 2023-11-16

Tesla is facing growing pressure in Sweden from unions backing mechanics demanding a collective bargaining agreement with the US automaker, with workers at one of its suppliers set to go on strike next week. …

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Renault to start selling Nissan stake soon

Automotive Industry Automotive News Europe - 2023-11-16

Renault wants to start selling a 28% stake in long-time partner Nissan "very soon" as part of the French automaker's ambitious electric-vehicle development plan, which includes an initial public offering of i …

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How LIFE is powering transport using green hydrogen

News from Brussels European Climate, Infrastructure and Environment Executive Agency - 2023-11-16

Road transportation is responsible for 21% of global carbon emissions, but hydrogen-powered vehicles can reduce them. …

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VW CEO Blume says budget EV could come in second half of decade

Automotive Industry Automotive News Europe - 2023-11-15

Volkswagen has not made a decision on producing a €20,000 ($21,714.00) electric car yet, but CEO Oliver Blume is convinced that the company can get there by the second half of the decad …

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CJEU ombudsman proposes repeal of mandatory return rule

News from Brussels trans.info - 2023-11-15

The regulation was challenged several times before the CJEU by several EU Member States, who argued that the extra return journeys would undermine the EU’s climate change objectives. …

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Greece accepts e-CMR: Greece has confirmed its commitment to fully paperless goods transport

Land transportation TransFollow - 2023-11-15

As of 23rd October, Greece conformed its commitment to digital transports by acceding to the e-CMR protocol. …

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Renault plans new Twingo EV as low-cost answer to Chinese rivals

Automotive Industry Automotive News Europe - 2023-11-15

Renault's response to low-cost EVs from European rivals and new entrants from China will be the next-generation Twingo, a full-electric city car built in Europe with a price of less than € …

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UECC solution for EU ETS gives clients clarity on emission costs

Members Corner UECC - 2023-11-15

Formula for change: UECC solution for EU ETS gives clients clarity on emission costs …

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