News

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. …

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. …

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. …

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. …

Ro-Ro (roll-on-roll-off) is a term mostly used in shipping. Ro-Ro shipping is a safe and reliable way of transporting vehicles, mining equipment, trucks, buses, boats, and agricultural machinery overseas by sea. …

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. …

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 …

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

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 …

The European Union Council has approved a plan to give electric vehicle makers in the EU and Britain until the end of 2026 to comply with local content rules. …

This morning, the third Ro-Ro multipurpose unit belonging to the innovative "G5" class was delivered to the Grimaldi Group at the Hyundai Mipo Dockyard Co. Ltd shipyard in Ulsan (South Korea). …

Following intensive test track and public road trials, Daimler Truck considers its GenH2 truck at an “advanced development stage” and ready for the first customer trials. …

There were substantial double-digit gains in some markets, including two of the largest: Italy (+16.2%) and France (+14%). Conversely, the German car market retracted, recording a 5.7% decline compared to November 2022. …

Italy's government is working to encourage other major carmakers besides Fiat-owner Stellantis (STLAM.MI) to manufacture in the country and boost production, Industry Minister Adolfo Urso said on Wednesday. …

VARO Energy and Höegh Autoliners, a leading global provider of ocean transportation solutions, today announced a strategic partnership aimed at advancing the decarbonisation of maritime sectors. …

2023 saw a turbulent start for the electric vehicle industry across Europe. …

Volkswagen, Audi, Porsche and Scout are the latest automakers to adopt Tesla's North American Charging Standard. …

Hyundai Motor plans to sell its plant in Russia for a token 7,000 rubles ($77.67), a company official said on Tuesday. …

Leading ferry and port operator, Stena Line has signed a significant deal with Peel Ports Group, a major UK port operator, to operate from Heysham Port for the next 77-years until 2100. …

This year has seen investments in supply chain resilience and the adoption in digital technology across the global automotive sector continue, with some positive developments in terms of inbound parts deliveries and greater supply chain …