News

On 29 August 2024, a brand new 144,000 square meter port terminal was inaugurated at the Port of Gothenburg. …

Polestar remains confident of a stronger second half to the year (2024). Polestar posted another heavy quarterly loss as the electric-vehicle maker struggles with intensifying competition, high costs and a demand slowdown. …

New-car registrations rose just 0.4% to 1.03 m. Europe car sales were roughly flat in July 2024 as demand for electric vehicles weakened further in Germany, the region’s biggest car market. …

In July 2024, new EU car registrations saw a modest increase (+0.2%) with mixed results across the region’s four major markets: Italy (+4.7%) and Spain (+3.4%) recorded moderate gains, while the French (-2.3%) and German (-2.1%) markets …

The BLG Group has identified good business opportunities in the automotive nation Turkey. Today, executive officer and COO Matthias Magnor signed the contracts for BLG operations in the country.   …

Lotus Tech said its net loss widened to $202 m in the April-June 2024 period from $193 m a year earlier. …

VW brand aims to lift its return on sales to 6.5% from 2.3%. …

Hyundai will expand its hybrid lineup to 14 models from seven. …

Today, 27 August 2024, CLdN announced a further enhancement of its Irish service by allocating an additional load-on / load-off (LoLo) sailing to its Rotterdam – Dublin route. …

Xpeng says it will build cars in EU area with "relatively low labor risks." …

German trade union ver.di has rejected the Central Association of German Seaport Operators’ (ZDS) collective agreement offer, sparking strike fears.   …

Validation marks vote of confidence in DP World’s plans to transform supply chains with a new and ambitious target to deliver 42% Scope 1 and 2 GHG emissions reduction by 2030. …

In 2023, more containers were handled at the Port of Gothenburg than ever before. …

The tariffs bring Canada in line with the US and the European Union. …

Towing and full payloads can dramatically reduce the range of electric vehicles, with large electric light commercial vehicles (eLCVs) losing up to 31.4% of their real-use range when fully loaded and towing 500 kg, a recent study by Arva …

The fire was reported in the parking lot on the north side of the factory and the assembly plant was unaffected. …

China is sounding a warning as the EU is due to vote in October 2024 on whether to adopt additional duties of up to 36.3% on Chinese-made EVs on top of its standard 10% import tariff. …

The European Logistics Platform (ELP) is set to kick off its first major event under the new term of the European Parliament. …

Industry Minister Adolfo Urso confirmed the government is courting Chinese carmakers. Italian Industry Minister Adolfo Urso this week doubled down on criticism to carmaker Stellantis for not investing enough in the country. …

Ford has changed tack on its electric vehicle (EV) plans and will now use hybrid technology for its three-row SUVs. …