Shipping-related greenhouse gas emissions rose by 4.9% in 2021 and were higher than in 2020 and 2019, according to Simpson Spence & Young’s annual industry report. Shipping emissions came in at 833m metric t of carbon in 2021, compared with 794m metric t in 2020 and 800m metric t in 2019. Read the full article in the ECG Association blog.
One in every 11 cars sold in the EU in 2021 was fully electric as EV sales were boosted by EU CO2 targets for the second year running. Battery electric vehicles had a 9.1% market share, according to ACEA data for 2021. That’s up from 1.9% in 2019 – before the current EU CO2 standards, which pushed carmakers to sell … Read more
The European Road Freight Rate Benchmark for Q4 2021 shows that prices ended 2021 at historic highs across Europe, driven by a volatile mix of drivers over the year with supply chain congestion, supply shortages, cost increases and spiking demand from economic reopenings across the region. The potent mix of factors, which pushed the Benchmark … Read more
Speed is of essence for an EU comprehensive semiconductor investment plan, as other regions move ahead. CLEPA publishes a policy guide with concrete actions to ensure the success of the upcoming EU Chips Act. The chips shortage continues to pressure industry and presents a significant to existential challenge for automotive suppliers, highlighting the need for … Read more