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Sweden: Volvo Cars to go fully electric with EIB backing

Automotive Industry European Investment Bank - 2024-01-04

In line with the European Union’s push for a green transition, Volvo Car Corporation and the European Investment Bank (EIB) have signed a €420 m financing agreement in support of the Swedish carmaker’s decision to become fully electric a …

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Talks continue to find investor for Ford's axed Focus plant in Germany

Automotive Industry Automotive News Europe - 2024-01-04

The government of the German state of Saarland is continuing talks to find a new investor for Ford's factory in Saarlouis. …

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VW sees promising test results for potential breakthrough EV battery

Automotive Industry Automotive News Europe - 2024-01-03

Volkswagen Group said its battery startup has seen promising results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive. …

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Finnlines: greater service frequency and a new port of call between Spain and Belgium

Members Corner Grimaldi Group - 2024-01-03

Finnlines recently announced the ‘dual enhancement’ of its Biscay Line, for the transport of rolling freight …

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Italy weighs $1B package to boost EV sales

Automotive Industry Automotive News Europe - 2024-01-03

The Italian government is considering a 930 m ($1 bn) plan to encourage people to turn in their gasoline or diesel cars and buy electric vehicles instead, according to a draft document seen by Bloomberg. …

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Tesla delivers record Q4 cars, but China's BYD steals top EV spot

Automotive Industry Reuters - 2024-01-03

Tesla  delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target, but lost its spot as the top EV maker by sales to China's BYD. …

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Vessel operators divert ships from Red Sea following Houthi attacks

Maritime and Ports Automotive Logistics - 2024-01-03

Container ship and Ro-Ro operators have rerouted vessels to avoid danger to crew and cargo in the Red Sea following a number of attacks on ships by Houthi militants in Yemen since October last year. …

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Iranian warship enters Red Sea as tensions rise

Maritime and Ports POLITICO - 2024-01-02

Iran dispatched a naval frigate to the Red Sea amid an escalating standoff between Western nations and Tehran-backed militants that has seen maritime traffic attacked by drones, missiles and speedboats. …

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French sales rose 15% in December as yearlong recovery continues

Automotive Industry Automotive News Europe - 2024-01-02

French new-car sales rose by 15% in December, as the market continued its yearlong recovery from semiconductor shortages and the coronavirus crisis. …

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Shipping starts shelling out for EU Allowances

Maritime and Ports Splash247.com - 2024-01-02

The largest regional green regulations in the history of shipping came into effect yesterday with the industry included in the European Union’s emissions trading system ( EUETS), a market-based measure that sets a cap on allowed emission …

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