Germany's auto industry demands stricter climate targets for fuel suppliers
Germany must exceed the European Union's fuel guidelines to meet its 2045 target for climate-neutral road traffic.
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.
In 2023, 1.5 million new battery-only electric passenger cars were registered in the EU, raising the total to 4.5 million.
The European Commission has launched the Climate City Capital Hub, a finance resource to support cities participating in the EU Mission on Climate-Neutral and Smart Cities.
EBRD will invest €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania, and Romania.
The European Commission announced that it would apply additional tariffs of up to 38.1% on imported Chinese electric vehicles from next month.
Battery-electric buses reached 36% of new city bus sales in 2023 in the EU, overtaking diesel as the main bus fuel type for the first time.
Average CO2 emissions from all new cars registered in Europe in 2023 continued to decrease and were 1.4% lower than in 2022.
North America has signifincatly outplaced Europe in attracting investments in electric vehicle (EV) production battery production and charging infrastructure.
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.
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.
Over 1.1 million cars were registered in Romania in 2023, up 3% compared to the previous year.
IFC is providing a €35 million loan to Karsan.
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.
The mayor of Brasov, Allen Coliban, has announced that he has signed the works contract for the largest garage for electric buses.
PepsiCo has announced that 80% of its fleet has transitioned to hybrid vehicles, marking significant progress in line with the company's goal to achieve net-zero emissions in its global operations by 2040.
Mihai Chirica, the mayor of the city of Iași, has announced that 18 trams and 25 electric buses will be purchased with funds from the National Recovery and Resilience Plan (PNRR).
The general mayor of the capital, Nicuşor Dan, has announced that 100 electric busses have arrived at the STB Bujoreni depot and are to be put into circulation.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
The Society for the Administration of Energy Participations (SAPE SA) has received funding from the National Recovery and Resilience Plan (PNRR) for its energy storage project using green hydrogen.
The European Commission has published the State of the Energy Union Report 2024 which describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission's mandate.
Bulgarian investment fund Sofia Angels Ventures (SAV) participated in a €3 million funding round for UK-based, Romanian-founded energy tech startup Ogre AI.
With support from the EBRD, Romania has introduced a Contract for Difference (CfD) mechanism this week aimed at developing renewable energy infrastructure.