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VW will not add fourth battery plant while EV market remains sluggish

Automotive Industry Automotive News Europe - 2023-11-01

Volkswagen Group will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, CEO Oliver Blume said. …

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Vessel utilisation continues to decline

Maritime and Ports Port Technology - 2023-11-01

When combined with container demand data, blank sailings data may be used to calculate the underlying capacity utilisation on the key East/West trades. …

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Q3 results: Wallenius Wilhelmsen delivers another strong quarter across all segments

Members Corner Wallenius Wilhelmsen - 2023-11-01

All three of the company’s segments performed delivering USD 478m in EBITDA. …

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KsNI – Schrödinger’s cat in the transport sector

News from Brussels - 2023-11-01

I keep hearing from the industry: “We need an overall concept!” But that has been around for a lo …

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Position Paper - Revision of the Weights & Dimensions Directive

News from Brussels ERFA - 2023-10-31

The proposal for a revision of the Weights and Dimensions Directive should be used, in conjunction with the Combined Transport Directive, to incentivise the use of rail-road intermodal transport, the greenest and most energy efficient wa …

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EU ETS: What we know so far

Maritime and Ports Port Technology - 2023-10-30

In September, the European Commission revealed its plan to introduce the EU ETS to the maritime sector, with the implementation slated to commence in January 2024. …

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Tesla falls as production cut by battery supplier Panasonic fans EV demand fears

Automotive Industry Reuters - 2023-10-30

Shares of Tesla (TSLA.O) fell about 5% on Monday after key supplier Panasonic Holdings (6752.T) said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-v …

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France reinvests in EV charging infrastructure to meet EU targets

Automotive Industry EURACTIV - 2023-10-30

France aims to have over 400,000 electric vehicle charging points on its road network by 2030, including 50,000 fast charging points. …

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Onsemi cuts jobs, sees weak 4th quarter on slowing EV demand

Automotive Industry Reuters - 2023-10-30

Chipmaker Onsemi (ON.O) forecast a tepid fourth quarter and cut about 900 jobs, sparking fears that weak electric vehicle (EV) demand has begun to hurt orders for its chips from the auto sector and sending its shares tumbling 1 …

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Canadian union Unifor begins strikes at all Stellantis facilities

Automotive Industry Reuters - 2023-10-30

Canadian labor union Unifor said early on Monday it has commenced strikes at all Stellantis (STLAM.MI) facilities in the country, with more than 8,200 members staging a walkout after failing to reach a tentative agreement in la …

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