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EU invests €4.8 billion of emissions trading revenues in innovative net-zero projects

News from Brussels European Commission - 2024-10-23

Today, 23 October 2024, the Commission has selected 85 innovative net-zero projects to receive €4.8 bn in grants from the Innovation Fund, helping to put cutting-edge clean technologies into action across Europe. …

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Volvo cuts retail sales target on weaker demand

Automotive Industry Automotive News Europe - 2024-10-23

The automaker said it will focus on protecting its margins, instead of pushing volumes.Volvo Cars lowered its expectations for retail sales this year due to a growing weakness in the automotive market. …

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What's wrong with electric car prices?

News from Brussels Transport & Environment - 2024-10-23

The average price of an EV in Europe has increased – despite battery prices hitting record lows …

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China carmakers to double overseas capacity to beat tariffs, report says

Automotive Industry Automotive News Europe - 2024-10-23

Chinese carmakers are set to boost annual production capacity in foreign plants from 1.2 m vehicles in 2023 to more than 2.7 m by 2026. …

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E-vans: All of Europe’s capitals could be free of large petrol and diesel fleets by 2030

News from Brussels Transport & Environment - 2024-10-23

With a booming number of electric vans in Europe, all European capitals could introduce zero-emission freight zones by 2030 and have enough made-in-Europe e-vans to meet the requirements, new analysis shows. …

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IRU calls for technology openness in CO₂ emission standards revision

News from Brussels IRU - 2024-10-23

IRU has joined leading industry stakeholders in a joint call to revise EU CO₂ emission standards, urging policymakers to embrace a technology-neutral approach to decarbonising road transport. …

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Trump excludes Asian, European cars from vehicle tax-break plan

Automotive Industry Automotive News Europe - 2024-10-23

Trump has pledged to provide tax breaks for purchasing US cars as he rallies voters in key states. …

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Stellantis to launch EV fleet with Factorial solid-state batteries

Automotive Industry Automotive News Europe - 2024-10-23

Factorial's batteries will be fitted in a fleet of all-new Dodge Charger Daytona vehicles, which are based on Stellantis' STLA Large platform. …

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Confirming the Hamburg Declaration: The world’s largest and most environmentally friendly car carrier calls the Port of Hamburg

Members Corner Höegh Autoliners - 2024-10-22

Two weeks after signing the Hamburg Declaration on the Decarbonisation of Global Shipping, Höegh Aurora, the world’s largest and most environmentally friendly car carrier ever built, will arrive in the very same city, celebrating the joi …

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Chinese EV shipments to Europe soar ahead of tariffs

Automotive Industry Automotive News Europe - 2024-10-22

Automakers from Asia’s biggest economy shipped 60,517 EVs to the 27 nations in the European trade bloc last month, up 61% from 2023, according to customs data. …

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EU industry leaders and legislators unite on future of road transport

News from Brussels IRU - 2024-10-22

Road transport leaders from across the EU and members of the new European Parliament came together last week (October 2024) for a dinner debate on the sector’s top priorities for this legislative term. …

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New car registrations: -6.1% in September 2024; year-to-date battery-electric market sales -5.8%

News from Brussels ACEA - 2024-10-22

In September 2024, new EU car registrations continued their downward trajectory (-6.1%) with negative results across three of the region’s four major markets: France (-11.1%) and Italy (-10.7%), with the German market declining by 7%. …

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Automakers are mired in first Europe sales slump in two years

Automotive Industry Automotive News Europe - 2024-10-22

Europe car sales fell in September 2024 for the first consecutive monthly decline in more than two years. …

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Fossil fuel subsidies for company cars cost EU taxpayers €42 billion every year - new study

News from Brussels Transport & Environment - 2024-10-21

The new European Commission has committed to phase out fossil fuel subsidies and ensure a just green transition, now it has to deliver on this promise, green group Transport & Environment (T&E) says. …

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GM, Ford brace for investor scrutiny over pricing power, EV losses

Automotive Industry Reuters - 2024-10-21

General Motors and Ford Motor will likely have a tough time convincing investors when they report results that Detroit's pricing power for gasoline cars is still strong and losses from their EV ventures are dwindling. …

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Grimaldi adds Patras call to its Trieste-Ambarli ro-ro line

Members Corner Grimaldi Group - 2024-10-21

The Group's vast Motorways of the Sea offering is further expanded and enhanced, providing increasing opportunities for the transport of rolling freight between Italy, Greece and Turkey. …

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BMW recalls almost 700,000 cars in China on fire safety risk

Automotive Industry Automotive News Europe - 2024-10-18

Faulty coolant pump plugs fitted to some models could lead to corrosion or rust, which could cause short circuits and in extreme cases fires. …

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Edvard Molitor of the Port of Gothenburg appointed new chair of global climate and energy committee

Members Corner Port of Gothenburg - 2024-10-18

IAPH (International Association of Ports and Harbors) is a global alliance of 189 port authorities and 162 port-related companies worldwide. …

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ESPO Award 2024: Let us present the shortlisted projects: Port of Antwerp-Bruges

Maritime and Ports ESPO - 2024-10-17

Under the theme “Port projects or strategies in the field of circular economy that benefit the city and/or the surrounding community”, the ESPO Award 2024 will go to the port managing body which has developed a circular economy strategy …

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Maritime giants unite to build standardized LCA framework for emissions calculation

Maritime and Ports Offshore Energy - 2024-10-17

HD Hyundai Marine Solution, a marine solutions provider operating under South Korea’s titan HD Hyundai, has shaken hands with compatriot HD Hyundai Samho shipyard and the French shipping behemoth CMA CGM to develop a standardized life cy …

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