transportation
A growing number of imported electric cars, many of them from China, are stuck at the ports of Europe as manufacturers and distributors struggle with a slowdown in sales. The ports of Antwerp and Zeebrugge in Belgium are reportedly flooded with EVs from China, however, the port told Euronews that it is not only Chinese vehicles which are involved. But they did not disclose any other exporter countries contributing to the problem. However, Le Monde reported that at Calloo, near Antwerp, and Zeebrugge, the huge parking lots to accommodate 130,000 freshly shipped vehicles, are cramped now with Ch...
Euronews (English)
The French company Alstom, owner of Britain's largest train factory, intends to raise €1.75 billion to alleviate its debt burden. This effort includes the sale of shares and bonds, along with €700 million from planned sales, and is aimed at safeguarding the credit rating of the Litchurch Lane plant owner in Derby. "Alstom is now set on stronger foundations to deliver sustainable profit and cash generation," Alstom Chief Executive Officer Henri Poupart-Lafarge said in a statement. Alstom recorded €11.3 billion in orders in Europe during the fiscal year 2023/24, down from €12.8 billion the previ...
Euronews (English)
In this Euronews Tech Talks episode, we chat with Michael Perschke, CEO of Quantron AG, about hydrogen-powered trucks and how he uses cheese metaphors to explain how they work. A solution for the one of most polluting industriesLast November, at the 2023 Web Summit, Quantron AG announced a hydrogen-based refuelling joint venture with an investor called OilInvest. OilInvest owns more than 2,000 filling stations across Europe that provide petrol, diesel, and other types of energy. In this partnership, both parties will work together to upgrade and utilise the existing station network, including ...
Euronews (English)
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