The automaker's total investment in electric vehicles and autonomous vehicles will amount to 73 billion euros....
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Volvo engineers dropped 10 new rescue vehicles from 30m height (Video)
New types of high-strength steel used in the bodies of modern cars have become a real test for rescue teams, who previously opened cars made of...
Turkey plans to become a "logistics superpower" and build a railway to Azerbaijan
Since the start of the pandemic, Turkey has invested about $ 6 billion in the development of its transport infrastructure, including in the...
Rolls-Royce sells 94% of its £ 2 billion stake
The company announced that it will buy back the remaining shares if no buyer is found on the market....
30% of the 7-year EU budget will be spent on climate change - European Commission
This is the highest share of the largest European budget ever. The package also focuses on protecting biodiversity and gender equality....
Thyssenkrupp asks the German government for state aid of 5 billion euros
As reported by Bloomberg, the size of the discussed financial assistance is higher than the market value of the concern....
Steel companies from the EU and South Korea will jointly develop steel for Hyperloop
Tata Steel and POSCO engineers join forces to develop rolled metal products for innovative high-speed vehicles of the future....
European Union will impose new duties on goods from the United States due to subsidies from Boeing
Disputes between the EU and the US on subsidizing aircraft manufacturers have been going on since 2004....
Turkish President Tayyip Erdogan sacked Central Bank Governor on Saturday
The reason was a sharp collapse of the Turkish lira exchange rate and disappointment in the measures taken by the Turkish Central Bank to stabilize...
Volvo to offer customers a full range of electric trucks in 2021
From a Volvo Trucks perspective, the move to greener transport is largely about keeping the haulier operators as stable as possible so that they can...
German parliament officially recognizes elections in Belarus as rigged
Only through massive electoral fraud could the responsible election commission declare Lukashenka the winner, who, in 2020, was illegally sworn in as...
In Europe, sales of electric vehicles overtake sales of cars with diesel engines for the first time
Demand for electric and hybrid vehicles in the European market has exceeded the demand for diesel vehicles for the first time....
Eurofer expects recovery in EU steel demand
Apparent steel consumption in the EU fell (-25.5%) y /y in the second quarter of 2020 after falling (-12%) in the first quarter. This was the...
EU starts monitoring bioethanol to prevent spike in imports
The decision of the European Union will hit primarily American producers, which are the main suppliers of bioethanol to the European market....
France imposes a "curfew" in connection with the coronavirus pandemic
From Tuesday in Paris it will not be possible to go outside after 21-00. This will be announced during the day today....
Goldman Sachs changes its GDP growth forecast for the EU to negative values
The American Investment Bank issued a statement predicting the fall of the European Union economy by 2.3% due to a new round of the pandemic....
Japanese company to build $ 2 billion electric vehicle plant in Serbia
The plant will build electric cars with new technology that will make electric cars more affordable....
Consumption of finished metal products in Turkey increased by 27.7% in September 2020
In January - September 2020, Turkey confidently surpassed Germany in terms of steel production and came out on top in smelting in Europe....
EU will not insist on crushing tech giants
The new EU regulation stipulates that large tech companies must be fragmented if this threatens the interests of customers....
Amazon canceled Black Friday ad in France due to pandemic
The online retailer had to close some of its warehouses in France during the first lockdown in the country this spring due to clashes with trade...
Thyssenkrupp says negotiations to sell steel business have not progressed a step
Germany's largest steelmaker said it was open to negotiations to sell the business, but was not ready to enter into a deal with Britain's Liberty...
PAL-V Liberty flying car appeared on European roads
In helicopter mode, the car can accelerate to 180 km /h, although a comfortable cruising speed is 140-160 km /h....
Hydrogen plant to be built in Norway for Celsa steel plant
Hydrogen will replace fossil fuels in steelmaking to reduce CO2 emissions...
Airbus announces planned fourth quarter earnings
The French aircraft manufacturer made its announcement amid new restrictions that will be introduced in Europe due to a sharp increase in the number...
Germany to announce nationwide partial lockdown on November 2
A sharp rise in the number of coronavirus infections in Germany has put the health care system of Europe's largest economy on the brink of collapse....
Aston Martin: Mercedes will receive a 20% stake in the luxury brand
The German carmaker has decided to launch a rescue operation for the British brand after the catastrophic Aston Martin share placement....
EU gets WTO permission to increase duties on US imports
Disputes between the EU and the US on subsidizing aircraft manufacturers have been going on since 2004....
The European Union confirms its intention to introduce a border tax on carbon emissions
The EU is confident that the issues of reducing greenhouse gas emissions are cross-border and intend to stimulate importers to switch to green...
UK government doubles steel purchases from British producers
According to the latest documents, the share of steel purchased by the government in the UK has almost doubled since last year....
European Union allocates one billion euros for the integration of electricity markets
This decision marks a decisive step in the Baltic synchronization process, in particular in a project of European strategic interest....
