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Slumping used EV prices force automakers to repay leasing firms

Automotive Industry Automotive News Europe - 2024-02-22

Leasing companies are demanding concessions from EV makers, including agreements that manufacturers will buy back vehicles, to protect against further erosion in the $1.2trn second-hand car market. …

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Rotterdam on track to becoming truly sustainable port

Members Corner Offshore Energy - 2024-02-22

Despite a slight decline in total cargo throughput, 2023 was a year of success for the Port of Rotterdam which is making significant strides in becoming more sustainable. …

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Rivian, Lucid's 2024 production targets disappoint as EV demand wanes

Automotive Industry Reuters - 2024-02-22

Electric vehicle startups Rivian (RIVN.O) and Lucid (LCID.O) forecast 2024 production well below analyst estimates on Wednesday as persistently high borrowing costs keep consumers from buying relatively pricier battery-pow …

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EV charging void has drivers trying new routes to power up

Automotive Industry Reuters - 2024-02-21

Electric vehicle drivers unable to install a charger at home are turning instead to stopgaps offered by US and European firms as alternatives to often expensive or inconvenient public charging points. …

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Europe's automakers need to play the long game to stay in the EV race

Automotive Industry Automotive News Europe - 2024-02-21

Slowing the electrification shift now with the aiming of catching up when margins are better is the wrong approach -- for the planet and for companies' survival. …

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Tesla faces rejection from locals for plans to expand German site

Automotive Industry Automotive News Europe - 2024-02-21

Tesla want to double the site's capacity to 100 gigawatt hours of battery production and 1m cars per year. …

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IRU leads road transport decarbonisation debate at United Nations

News from Brussels IRU - 2024-02-21

The efficient decarbonisation of road transport took centre stage at the United Nations Inland Transport Committee’s kick-off day in Geneva. …

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Amid EV shift, German supplier jobs forecast to fall by a quarter by 2030

Automotive Industry Automotive News Europe - 2024-02-21

Suppliers will continue to have a harder time than automakers in the coming years, especially as the trend towards insourcing will accelerate among automakers. …

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The sound economic results of the Port of Barcelona guarantee the investments required for it to become a sustainable and innovative hub

Members Corner Port of Barcelona - 2024-02-21

Financial year 2023 closed with turnover of €189m, cash flow of 101m and an 18m reduction of bank debt. The Port of Barcelona continues to be the principal contributor to the general system of State Ports. …

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Shipping in the Year of the Dragon: Containers

Maritime and Ports Splash 247 - 2024-02-21

The Year of the Dragon, the most auspicious of animals in the Chinese zodiac, is upon us. What does the following year have in store for shipping’s fortunes? …

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Extraordinary G7 Transport Ministerial welcomes EU maritime operation to safeguard Red Sea maritime security

News from Brussels European Commission - 2024-02-21

On Wednesday 21 February 2024, the G7 Transport Ministers expressed strong condemnation of the attacks carried out by the Houthis against commercial vessels and navy ships in the Red Sea and Gulf of Aden. …

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What’s the Future for Zero-Emission Trucks in Fleet Management?

Land transportation Fleet Europe - 2024-02-20

A whole-system modelling approach from researchers in Ireland, emphasising the importance of intangible and real costs, highlights the uncertain future of zero-emission trucks. …

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Movement on Decarbonizing the Loire Estuary

Members Corner Nantes Port - 2024-02-20

19 February 2024 signalled the official launch of the "ZIBaC" low-carbon industrial activity zone on the Loire Estuary, an initiative driven by the French National Agency for Energy Transition (ADEME) within the framework of the "France …

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VW, Renault and Stellantis under pressure to team up on cheap EVs

Automotive Industry Automotive News Europe - 2024-02-20

Chinese rivals and Tesla are exposing competitive weaknesses at Europe's biggest mass-market automakers. …

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New car registrations: +12.1% in January 2024; battery electric 10.9% market share

News from Brussels ACEA - 2024-02-20

In January 2024, the EU new car market rebounded from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. …

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Stellantis could build Leapmotor EVs in Europe, North America, CEO Tavares says

Automotive Industry Automotive News Europe - 2024-02-20

If Western governments block Chinese exports, Stellantis has the opportunity to build Leapmotor cars "inside the bubble," Carlos Tavares said. …

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BCA – improving market and stock mix drive lift in LCV values

Members Corner BCA - 2024-02-20

LCV values bounced back at BCA into January 2024, reaching their highest point since September of last year and reversing a run of three consecutive monthly falls.  Values improved by £727 over the month to reach £8 …

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How the extended EU Emissions Trading System will impact maritime transport and ports

Maritime and Ports Hellenic Shipping News - 2024-02-20

From 1 January this year, global shipping is now a part of the European Union’s Emissions Trading System (EU ETS), one of the Union’s main tools to curb greenhouse gas emissions. …

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Carmakers are failing to deliver affordable electric cars, holding back EV adoption – analysis

News from Brussels Transport & Environment - 2024-02-19

Only 17% of electric cars sold are in the more affordable ‘B’ segment – compared to 37% of new combustion engines; The offering of large and luxury electric models outnumbers smaller BEVs by 3 to 2; …

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Europe’s BEV market defies odds but more affordable models needed

News from Brussels Transport & Environment - 2024-02-19

T&E analyses what happened in the European electric car market in 2023. …

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