Mobility
EBRD supports Avis' car fleet electrification in Greece
EBRD has extended a €108.3 million loan to Olympic Commercial and Tourist Enterprises SA (Avis Greece) to facilitate the electrification of its car fleet.
The Green Revolution Association, in partnership with Raiffeisen Bank Romania and Mastercard, proposes an innovative solution to the sustainability infrastructure issue.
Romania faces a shortage of charging stations, but increasing EV adoption highlights growing demand.
Kaufland Romania has launched a project through which Kaufland Card owners with electric cars have the possibility to charge their vehicles at one of the charging stations.
Renault Group CEO, Luca de Meo, urges EU nations to collaborate to address competition disparities with China and the U.S. and safeguard the bloc's automotive industry.
Its objective is to support the automotive industry in the sustainable use of resources by harnessing the existing expertise of the Group.
The European Parliament granted their approval for new EU regulations aimed at curbing emissions from a variety of vehicles.
Automobile Manufacturers and Importers Association (APIA) announced that electric cars reported a 12.9% increase and a market share of 43.3%.
The completion of the joint venture is contingent upon various closing conditions, including regulatory and government approvals
EY predicts that by 2030, there will be over 75 million electric vehicles operating across different charging networks in Europe.
Romania's Ministry of Energy launched an informative map displaying electric car charging points.
Brasov City Hall secured new €945,751 non-repayable funding for installing 80 electric vehicle charging stations.
€1 billion is available for the installation of alternative fuel supply infrastructure for road, sea, air, and inland waterway transport.
Within this segment, fully electric cars will have a 12.7% market share, equivalent to a 24.7% jump in registrations compared to the previous year.
The project will be implemented by November 9, 2025.
The initiative is part of the company's sustainability strategy and a first step in the transition to a green fleet.
Romania signed a €610 million contract with Polish rolling stock manufacturer PESA to purchase 62 new regional electric trains.
Cris-Tim Group is taking the first step towards the transition to electromobility.
Eldrive Holding plans to invest approximately €146 million in the installation of 4,376 new charging stations for electric cars in Romania, 2,575 in Lithuania, and 1,530 in Bulgaria.
At Cluj Arena, 10 recharging stations are to be installed, 20 recharging points and several 20 parking spaces will be created.
Galati City Hall will buy 20 Solaris electric buses.
Banca Transilvania has announced that it grants financing of almost €32 million to the Softronic company from Craiova.
Over 1.1 million cars were registered in Romania in 2023, up 3% compared to the previous year.
In Q1-Q3 this year, more than 10.7 million plug-in electric cars have been registered around the world, which is about 16% of the total volume.
Allview, the Romanian brand in the electronics industry, announced the official launch of the CityZEN model, an electric car primarily dedicated to urban traffic and short extra-urban trips.
For the green transformation of the Romanian economy, it is of critical importance to have a true alignment of the private and public sectors.
The European Council has formally endorsed a directive aimed at extending reporting deadlines for specific industries and companies outside the EU.
RWE has commenced the development of its inaugural solar facility in Italy. The completion of the project is slated for the year's end.
Eurostar has committed to power its trains entirely with renewable energy by 2030.
The European Commission will allocate nearly €720 million to seven renewable hydrogen projects across Europe.
