Author: World_Newz Mon

World NM: Russia to allocate $1.5 bln to Belarus for import substitution – Belarusian PM001806

MINSK, October 7. /TASS/. Belarus and Russia finalized an arrangement to allocate over $1.5 bln to Belarus for import substitution projects, Belarusian Prime Minister Roman Golovchenko said on Friday. “We have just recently negotiated the allocation of credit resources with the Russian Federation to finance such [import substitution – TASS] projects amounting to more than… Continue reading World NM: Russia to allocate $1.5 bln to Belarus for import substitution – Belarusian PM001806

World NM: E-fuels will only be able to power 2% of EU car fleet by 2035: analysis001805

Low levels of production mean that e-fuels, a hydrogen-derived fuel source touted as a green solution for internal combustion engine vehicles, will only be able to cover around 2% of the EU’s vehicle fleet by 2035, a new study concludes. The analysis, carried out by clean mobility NGO Transport & Environment (T&E), predicts that e-fuel… Continue reading World NM: E-fuels will only be able to power 2% of EU car fleet by 2035: analysis001805

World NM: Leading MEP pushes for geographical balance in the Chips Act001804

The European Parliament’s rapporteur Dan Nica seeks to obtain “a clear added value for all the member states” in his draft report, shared on Monday (26 September) and obtained by EURACTIV. The draft report of the industry committee also covers the definition of mega fabs, the monitoring of supply chain vulnerabilities, the formation of consortia,… Continue reading World NM: Leading MEP pushes for geographical balance in the Chips Act001804

World NM: Fuel makers blast EU focus on electric vehicles amid energy crisis001803

A planned EU ban on the sale of internal combustion engine vehicles, expected to come into force in 2035, will create economic and social risks for Europe at a time of high geopolitical uncertainty, a coalition of fuel manufacturers has told European policymakers. The high cost of raw materials necessary for the production of batteries,… Continue reading World NM: Fuel makers blast EU focus on electric vehicles amid energy crisis001803

World NM: Russian troops down 12 UAVs, Su-24 plane, hit six command posts in Ukraine operation001802

MOSCOW, September 20. /TASS-DEFENSE/. Russian troops have hit six command posts, shot down a Sukhoi Su-24 plane and 12 unmanned aerial vehicles (UAVs) during the special military operation in Ukraine, Russian Defense Ministry Spokesman Lieutenant General Igor Konashenkov said. Precision strikes against temporary deployment sites of the 81st airmobile brigade and the 66th mechanized brigade… Continue reading World NM: Russian troops down 12 UAVs, Su-24 plane, hit six command posts in Ukraine operation001802

World NM: Chinese firm offers $1.5 billion to upgrade Pakistan Steel Mills001801

The largest Chinese Steel Company has offered $1.5 billion to purchase and upgrade Pakistan Steel Mills (PSM). Steel demand in Pakistan has reached seven million tons, the industry needs expansion and investment. After privatization, the steel mills’ production will reach one million tons in the first year, two million tons in the second year, and… Continue reading World NM: Chinese firm offers $1.5 billion to upgrade Pakistan Steel Mills001801

World NM: BYD triples profit after 300% sales jump001800

BYD, the Chinese carmaker that recently overtook Tesla as the world’s largest electric vehicle maker, more than tripled its first-half profit on the back of a 300% jump in sales. BYD achieved its first-half profit despite a strained automotive supply chain when citywide lockdowns in Shanghai and Changchun, the two major car-making bases in China,… Continue reading World NM: BYD triples profit after 300% sales jump001800

World NM: Moscow, Tehran working on Iranian minister’s visit to Russian capital, says embassy001798

MOSCOW, August 18. /TASS/. Moscow and Tehran are working on a visit by Iranian Industry, Mining, and Trade Minister Reza Fatemi Amin to Russia, the Iranian Embassy in Moscow wrote on its Telegram channel. “Iranian Ambassador to Moscow Kazem Jalali met with Russian Deputy Minister of Industry and Trade Albert Karimov to discuss how best… Continue reading World NM: Moscow, Tehran working on Iranian minister’s visit to Russian capital, says embassy001798

World NM: Bulgaria: These Bulgarian Electric Vehicles will be Among the Most Affordable on the World Market001797

The construction of the factory for electric cars in in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started. The investor already has all permits for the construction activities, the main contractor of the project has been selected,… Continue reading World NM: Bulgaria: These Bulgarian Electric Vehicles will be Among the Most Affordable on the World Market001797