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Sweden: EIB supports industrial research in new, innovative, clean transport technology in electric vehicles with €500 million loan to AB Volvo

News from Brussels European Investment Bank - 2022-10-26

The European Investment Bank (EIB), the EU climate bank, is a leading financier and catalyst for technological progress, competitiveness, and research, development and innovation (RDI) in Sweden and in the European Union. …

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The Grimaldi Group orders five car carrier vessels Ammonia-Ready

Members Corner Grimaldi Group - 2022-10-26

The Grimaldi Group continues investing to enhance and upgrade its owned fleet. …

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Automotive suppliers’ profits continue to drop amid rising costs, putting the ecosystem at risk – September 2022 Pulse Check results

News from Brussels CLEPA - 2022-10-26

The 12th Pulse Check survey edition shows that despite optimisation of production costs and other short-term measures, 23% of suppliers expect to record losses this year. …

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Mercedes to quit Russian market, sell shares to local investor

Automotive Industry Automotive News Europe - 2022-10-26

Mercedes joins VW, Toyota, Nissan and Renault in quitting Russian market. …

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Resilience has a name: the EU auto industry!

News from Brussels ACEA - 2022-10-26

The last three years have been marked by major events and large incisions like Brexit, the coronavirus pandemic, semiconductor supply bottlenecks and the war between Russia and Ukraine, with its impact on prices and availability of energ …

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Ford, VW will shut Argo AI self-driving joint venture

Automotive Industry Automotive News Europe - 2022-10-26

Ford decided it needed to invest in driver-assistance technology that was more achievable in the near term. …

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Transport MEPs back EU road transport agreements with Ukraine and Moldova

News from Brussels European Parliament - 2022-10-26

The Transport and Tourism Committee approved two separate agreements with Ukraine and Moldova to make the cross-border transport of goods easier. …

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VW brand will be electric-only in Europe by 2033

Automotive Industry Automotive News Europe - 2022-10-26

Volkswagen brand will only produce full-electric cars in Europe from 2033, its boss Thomas Schaefer said, committing to an earlier date than its previous 2033-2035 target. …

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Ford to drop Fiesta, bring forward EV launch

Automotive Industry Automotive News Europe - 2022-10-26

Ford will stop building the Fiesta small car in Cologne, Germany, by next summer, a year earlier than planned. …

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International Chamber of Shipping proposes global CO2 reduction fund to reward ‘first movers’ using low emission fuels

Maritime and Ports International Chamber of Shipping - 2022-10-25

The International Chamber of Shipping (ICS), which represents 80% of the world’s merchant fleet, has announced proposals to accelerate the maritime sector’s transition to net zero by financially rewarding ships and energy producers that …

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Due to a technical issue related to the war in Ukraine, our ECG News website was not operational. We drafted a temporary page so that we keep publishing articles while we were working on creating a new ECG News website. You may find on this temporary page ‘ECG News archive’ articles from 25 May until 5 August 2022.