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Volkswagen to invest $193 bln over 5 years to hit EV target

Volkswagen  plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations, it said on Tuesday, with spending on combustion engines to fall from 2025.

read more... 14/03/2023

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EU's von der Leyen says she will tackle US green subsidies, overcome e-fuels impasse

EU Commission President Ursula von der Leyen said on Sunday she is determined to counter challenges from U.S. subsidies for green technologies and to speed a currently blocked law on phasing out combustion engines from 2035.

read more... 06/03/2023

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Peugeot to become electric-only brand in Europe by 2030

Every new Peugeot model launched in Europe by 2030 will be full-electric only, CEO Linda Jackson says, as the Stellantis brand prepares for the transition away from internal combustion engines.

read more... 08/12/2021

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Europe to boost battery production as electric shift accelerates

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.

read more... 27/07/2021

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MAN Energy to supply engines for 286MW Bangladeshi power plants

Germany-based MAN Energy Solutions has bagged two orders to supply a total of 15 MAN engines for two Bangladeshi power plants with a combined capacity of 286MW.

read more... 07/08/2018

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