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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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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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Chinese EV giant BYD posts 62% jump in 2023 vehicle sales

Automotive Industry Reuters - 2024-01-01

China's BYD Co (002594.SZ), the world's biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02 m vehicles in 2023, an increase of 61.9%, it said on Monday 1 January. …

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Tesla deliveries to hit record, but fall short of Musk's aspirations

Automotive Industry Automotive News Europe - 2023-12-27

Tesla is expected to post another record quarter for electric vehicle deliveries, likely shy of an ambitious 2 m annual internal target that CEO Elon Musk touted at the beginning of the year. …

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MacGregor to supply RoRo equipment to Höegh Autoliners

Members Corner Port Technology - 2023-12-23

MacGregor, part of Cargotec, will supply comprehensive packages of Ro-Ro equipment for an additional four multi-fuel and zero-carbon ready Aurora class Pure Car and Truck Carriers (PCTCs) for Höegh Autoliners. …

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Putin seizes control of Russia's biggest car dealership

Automotive Industry Automotive News Europe - 2023-12-22

President Vladimir Putin placed Russia's biggest car dealership under temporary state management in a step the Kremlin said was driven by commercial logic but which its founder said made the country look uninvestable. …

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Polestar, Lotus, Volvo, Jaguar Land Rover form alliance in China on EV charging

Automotive Industry Automotive News Europe - 2023-12-21

Polestar, Lotus, Volvo — three brands majority owned by Zhejiang Geely Holding Group, and British luxury carmaker Jaguar Land Rover, have established an alliance on battery charging for electric vehicles in …

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Global driver shortages: 2023 year in review

News from Brussels IRU - 2023-12-21

For several years now, IRU has been publishing its global report on driver shortages. …

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Rethinking the EU’s regulatory approach in the auto sector

News from Brussels EURACTIV - 2023-12-21

The immense scale of transformation underway in the automotive sector should give Europe cause to rethink how it regulates in the interest of both consumers and the competitiveness of its industry, argues Sigrid de Vries. …

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China's BYD set to announce Hungarian EV factory, report says

Automotive Industry Automotive News Europe - 2023-12-21

Chinese electric vehicle giant BYD is in final talks with the Hungarian government to secure a multi-billion-euro investment in a new electric car factory, in a deal that could be announced as early as Friday, the Fina …

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