Battery-electric cars remained the third-most-popular choice for buyers in 2024, according to the European Automobile Manufacturers' Association.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and EMT have agreed on a €69 million loan to finance the expansion of EMT Valencia's fleet of zero-emission buses
Registrations of battery-electric cars declined by 9.5% to 130,757 units in November 2024.
In 2023, 10.7 million new passenger cars were registered in the EU.
Stellantis and CATL have finalized an agreement to establish a joint venture for the construction of a major lithium iron phosphate (LFP) battery factory in Zaragoza, Spain.
Mercedes-Benz Vans CEE is joining forces with energy solutions provider E.ON to transform the electric vehicle (EV) landscape across Romania, the Czech Republic, Slovakia, and Hungary.
The European Commission and the European Investment Bank (EIB) announced a new partnership to support investments in the EU's battery manufacturing sector.
The European Bank for Reconstruction and Development (EBRD) will invest €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.
EU and Chinese representatives will explore alternatives to the tariffs imposed on Chinese electric vehicles, including setting minimum prices for these vehicles in Europe.
EIB will lend €300 million to the Czech Republic's national railway operator, České dráhy, to buy new train carriages and locomotives as well as upgrade existing ones.
The European bank for Reconstruction and Development (EBRD) has committed an additional €3 billion to its flagship Green Cities programme.
Europe needs to spend €39 billion in public money every year to maintain the continent's competitiveness and ensure that green transport tech is made in Europe.
EU's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs.
Renault Group and SUEZ are deepening their partnership to transform waste management and recycling practices in the automotive industry.
PRIME Batteries Technology, Eldrive Romania and ALLSPARK Energy presented a solution for storing energy and charging electric cars.
The Lille Metropolitan area (Métropole européenne de Lille) has been awarded a green loan of €245 million by the European Investment Bank (EIB) to fund its public transport network and cycling paths.
New car sales in the European Union dropped by 18.3% last month, with major markets like Germany, France, and Italy experiencing double-digit declines in EV sales.
Electric cars (BEV) will reach 20-24% market share in 2025, according to Transport & Environment (T&E) modeling based on sales in the first half of this year and sales forecasts.
SIPEX, a major Romanian distributor of construction and finishing material, has announced a partnership with Menlo Electric.
Germany must exceed the European Union's fuel guidelines to meet its 2045 target for climate-neutral road traffic.
EIB will spearhead a €150 million out of a €500 million financing package for Keliber Oy, a Finnish mining and battery-material processing company.
Kaufland Romania will expand its green mobility initiatives by installing new battery swap stations for electric vehicles.
The European Commission has shared with interested parties the draft decision to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
