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EU approves major German subsidy for Northvolt battery factory

Automotive Industry ELECTRIVE - 2024-01-08

According to the Commission, the subsidy now approved under state aid law totals €902 m, which will paid in the form of a €700 m direct grant and a €202 m guarantee. “Without the aid, Northvolt would establish the plant in the United …

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Toyota Motor: to restart vehicle plants in Japan from Monday

Automotive Industry Reuters - 2024-01-07

Toyota Motor said it would restart its Japanese vehicle plants on Monday but, given the impact of the New Year's Day earthquake, would decide separately about operations from 15 January. …

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MOSOLF Group: Strategic restructuring at the beginning of the year

Members Corner MOSOLF Group - 2024-01-05

The MOSOLF Group is starting 2024 with a new strategic approach. …

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SMATRICS EnBW plans 200 new high-speed charging points in Austria in 2024

Automotive Industry Automotive Purchasing and Supply Chain - 2024-01-05

Austria’s largest nationwide fast charging network is being further expanded. …

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Around half a million new electric cars registered in Germany in 2023

Automotive Industry ELECTRIVE - 2024-01-05

According to official data from the German Federal Motor Transport Authority, 524,219 new electric cars were registered in Germany last year, marking an increase of 11.4%. …

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Sallaum Lines is a member of ECG

Members Corner Sallaum Lines - 2024-01-05

Sallaum Lines is happy to announce that it has recently become a member of ECG. …

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VW said to delay small EV volume production amid Euro 7 changes

Automotive Industry Automotive News Europe - 2024-01-05

Volkswagen is delaying volume production of a new affordable battery-electric car because weaker Euro 7 anti-pollution rules mean that smaller cars with combustion engines will be allowed to be sold longer than anticipated, according to …

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MG Motor launches on the Finnish market

Automotive Industry ELECTRIVE - 2024-01-05

Finnish customers will be offered the entire range of electric and hybrid vehicles from MG, including the BEV models MG4 Electric, MG5 Electric, MG ZS EV and MG Marvel R Electric as well as the PHEV model MG EHS. …

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Sweden: Volvo Cars to go fully electric with EIB backing

Automotive Industry European Investment Bank - 2024-01-04

In line with the European Union’s push for a green transition, Volvo Car Corporation and the European Investment Bank (EIB) have signed a €420 m financing agreement in support of the Swedish carmaker’s decision to become fully electric a …

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Talks continue to find investor for Ford's axed Focus plant in Germany

Automotive Industry Automotive News Europe - 2024-01-04

The government of the German state of Saarland is continuing talks to find a new investor for Ford's factory in Saarlouis. …

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VW sees promising test results for potential breakthrough EV battery

Automotive Industry Automotive News Europe - 2024-01-03

Volkswagen Group said its battery startup has seen promising results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive. …

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Vessel operators divert ships from Red Sea following Houthi attacks

Maritime and Ports Automotive Logistics - 2024-01-03

Container ship and Ro-Ro operators have rerouted vessels to avoid danger to crew and cargo in the Red Sea following a number of attacks on ships by Houthi militants in Yemen since October last year. …

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Italy weighs $1B package to boost EV sales

Automotive Industry Automotive News Europe - 2024-01-03

The Italian government is considering a 930 m ($1 bn) plan to encourage people to turn in their gasoline or diesel cars and buy electric vehicles instead, according to a draft document seen by Bloomberg. …

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Finnlines: greater service frequency and a new port of call between Spain and Belgium

Members Corner Grimaldi Group - 2024-01-03

Finnlines recently announced the ‘dual enhancement’ of its Biscay Line, for the transport of rolling freight …

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Tesla delivers record Q4 cars, but China's BYD steals top EV spot

Automotive Industry Reuters - 2024-01-03

Tesla  delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target, but lost its spot as the top EV maker by sales to China's BYD. …

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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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French sales rose 15% in December as yearlong recovery continues

Automotive Industry Automotive News Europe - 2024-01-02

French new-car sales rose by 15% in December, as the market continued its yearlong recovery from semiconductor shortages and the coronavirus crisis. …

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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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