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Globally, Russia is the fourth largest producer of finished aluminum. Today’s geopolitical tensions caused by the Russo-Ukraine War will exacerbate pre-existing constraints for commodities such as aluminum and natural gas.
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European automaker Peugeot has partnered with Lucky Motor Corporation to launch its first operations in Pakistan, which will include establishing local production facilities.
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The paper from the European Automobile Manufacturers' Association reveals a critical lack of investment in the infrastructure for electrically chargeable cars, vans, trucks, and buses across the European Union.
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According to the Volvo Group, the slowdown has nothing to do with the war in Ukraine.
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While Germany’s overall passenger car market figures declined in February, the fleet market reported positive numbers for the first time since June 2021, according to market research firm Dataforce.
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The Vietnamese automaker and LeasePlan will provide many services to fleets in Germany, France, and the Netherlands.
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The partnership will launch in Denmark, Germany, Norway, and the United Kingdom this year with further countries following in 2023 and beyond.
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Earliest deliveries should arrive in Q2 2022.
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The 16 EU countries reported less new registrations than in 2020 but increased volume for battery-electric and plug-in hybrid vehicles.
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Battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrids all showed record volumes, with BEVs and PHEVs both exceeding 1,000,000 registrations each in 2021 over their 2020 figures. True fleets increased their PHEV volume by 186,000 units over 2020, but an astounding 244,000-plus BEVs from private registrations recorded largest volume increase of any fuel type and channel.
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