Energy prices surged 24,1% in March, led by crude oil +20,2%, coal +49,9%, and natural gas, Europe + 55,7%, the World Bank’s Pink Sheet reported. Non-energy prices gained 8,1%.
News
March 20, 2022
Ford announced significant strides toward an all-electric future in Europe, which will see the company transformed and offering a new generation of seven, all-electric, fully-connected passenger vehicles and vans by 2024, including the news that Ford Otosan JV will be assuming ownership of Ford’s Romanian manufacturing operations, subject to regulatory approval and consultation.
March 15, 2022
TIMIȘOARA AUTO EXPO, the largest new car fair in western Romania, will take place between 03-05 June 2022.
The representatives of car manufacturers will welcome you at Shopping City Timișoara with information about the latest models, innovations in the field and attractive offers.
March 13, 2022
Overall in 2021, 90.2% of all light commercial vehicles registered in the EU ran on diesel, while petrol vans accounted for 3.8% of the market. Total new van sales increased last year, which resulted in higher volumes for all fuel types, but especially electric and hybrid vans. Electrically-chargeable vehicles made up 3.0% of van registrations across the European Union last year (compared to 2.0% in 2020), while hybrid vans accounted for 1.6% (up from 0.9%).
March 3, 2022
Both energy and non-energy commodities continue to soar in February, rising 7,7% and 4,2% respectively. In January, they rose 7,9% and 4,6% respectively.
February 27, 2022
The Free Drive is a new electric bike innovation that converts your pedal power into electrical energy to run a motor, dispensing with a chain or belt drive.
The fly-by-wire drivetrain is a collaboration between Schaeffler, an industrial bearings manufacturer in Germany, and ebike drivetrain maker Heinzmann.
Bike companies have received samples and the design may be finalised in mid-2022 after they finish testing, according to the brand.
February 27, 2022
In an additional move to combat the ongoing global chip shortage, Bosch plans to further extend its wafer fab in Reutlingen. More than a quarter of a billion euros is to be invested in creating new production space and the necessary clean-room facilities between now and 2025. This will give Bosch the firepower to meet the continuously growing demand for chips used in mobility and IoT applications.