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Mitsubishi Motors to invest up to 200 mln euros into Renault's new EV unit

Automotive Industry Reuters - 2023-10-24

Japanese automaker Mitsubishi Motors (7211.T) will invest up to €200 m ($214 m) in the new electric vehicle unit of French counterpart Renault (RENA.PA), Mitsubishi said on Tuesday. …

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Leading EU committee supports near phase-out of diesel trucks

News from Brussels Transport & Environment - 2023-10-24

The EU Parliament environment committee has backed the European Commission’s plans to slash emissions from heavy-duty vehicles. MEPs voted for targets to cut the average emissions of new freight trucks by 45% in 2030 and 90% in 2040. …

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Grimaldi completes acquisition of Igoumenista port, Greece

Members Corner Ports Europe - 2023-10-24

Italy’s Grimaldi has completed the acquisition of Igoumenista port, Greece, as part of the country’s regional port privatisation programme. …

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China's Great Wall is first EV maker to respond to EU anti-subsidy probe

Automotive Industry Automotive News Europe - 2023-10-24

China's Great Wall Motor called for a fair and open trade environment after saying it had formally submitted responses to the European Commission's anti-subsidy investigation of Chinese-made electric vehicles. …

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Threat of higher fuel prices resurrects Yellow Vest fears

News from Brussels EURACTIV - 2023-10-24

A recent analysis suggests that the EU’s carbon market for road transport and buildings (known as ETS 2) may see prices rise far above the €45 promised by the European Commission, provoking fears that protests against fuel price hik …

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ENVI narrowly fails to capitalise on feasible EU mobility CO₂ solutions

News from Brussels IRU - 2023-10-24

The European Parliament's Committee on Environment, Public Health and Food Safety (ENVI) has narrowly voted in support of the original overly ambitious emission reduction targets proposed by the European Commission in the revision of CO₂ …

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Persistent economic instability affects quarterly figures for Port of Antwerp-Bruges

Members Corner Port of Antwerp-Bruges - 2023-10-24

After nine months, Port of Antwerp-Bruges records a total freight throughput of 204.4 m tons, a decrease of 6% compared to the same peri …

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ESPO'S environmental report 2023: climate change again top priority for Europe’s ports

Maritime and Ports ESPO - 2023-10-23

The European Sea Ports Organisation (ESPO) has unveiled its Annual ESPO Environmental Report 2023 - EcoPortsinSights 2023, marking the eighth edit …

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The battery test race to work out what used EVs are really worth

Automotive Industry Reuters - 2023-10-23

 A race is on to certify battery health and performance in used electric vehicles, with a clutch of startups scrambling to help buyers figure out how much a secondhand EV is really worth. …

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Council adopts new framework to boost the roll-out of intelligent transport systems

News from Brussels Council of the EU - 2023-10-23

With a view to accelerating digital transition and smarter mobility in the EU, the Council adopted a new framework on the deployment of intelligent transport systems (ITS) by revising the 2010 directive. …

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‘Now is the time to deliver’ … Humber Energy Board’s powerful green investment message to Minister

Members Corner Associated British Ports (ABP) - 2023-10-23

Leading businesses operating in the Humber have presented a united front to a Government Minister calling for transformational investment enabling the region to lead the UK’s drive to net zero. …

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Toyota production set to recover after supplier factory blast

Automotive Industry Automotive News Europe - 2023-10-23

Toyota will gradually restart operations at its plants in Japan that had been halted due to an accident at a supplier. …

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Maritime transport to return to growth in 2023

Maritime and Ports International Chamber of Shipping - 2023-10-23

UNCTAD’s latest Review of Maritime Transport predicted a 2.4% growth in maritime trade volume in 2023, recovering from a 0.4% contraction in 2022. …

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EU Commission offers reasonable grace period given tachograph 2 shortage

News from Brussels IRU - 2023-10-23

Member States can give operators until 18 August 2025 to retrofit heavy-duty vehicles registered between 21 August 2023 and 31 December 2023 with SMT2 devices. …

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European suppliers' group warns against China tariffs as a quick fix

Automotive Industry Automotive News Europe - 2023-10-23

Any tariffs imposed on Chinese electric vehicle imports to Europe could boomerang against European companies, officials at suppliers’ lobbying group CLEPA said. …

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VW cuts margin forecast on hedging loss, higher costs

Automotive Industry Automotive News Europe - 2023-10-22

Volkswagen Group trimmed its profitability forecast for the year after earlier hedging losses were compounded by higher costs and supply-chain issues last quarter. …

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Global companies push EU Parliament to favour zero-emission trucks

News from Brussels EURACTIV - 2023-10-20

However, the biofuels industry has questioned the companies’ advice, arguing that ignoring the contribution of alternative fuels could slow the reduction of truck emissions. …

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Europe sales extend winning streak on large order backlogs

Automotive Industry Automotive News Europe - 2023-10-20

European new-car sales maintained double-digit growth in September despite higher interest rates raising the cost of acquiring a car. …

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Ports to play key role in decarbonising UK freight transport, stresses new DUKFT report

Maritime and Ports trans.info - 2023-10-20

The Decarbonising UK Freight Transport report, titled “Accelerating Investment for Decarbonising UK Freight Transport,” has outlined several strategies for overcoming the challenges associated with decarbonizing road, rail, and …

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WATCH: Wallenius Wilhelmsen tests new hull dimensions of Orcelle Wind before approaching shipyards

Members Corner Offshore Energy - 2023-10-20

Namely, parallel to the production of the first wing prototypes, the company is also working on the fine-tuning of the vessel design. …

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