Due to the sluggish business with EVs, ACEA President Luca de Meo warns of fines that could be imposed on manufacturers as early as 2025. Fleet limits will be tightened in 2025. Manufacturers could have to pay up to €15 billion in fines.
By Markus Grabitz
One week, from October 14 to 18, could be sufficient to hold all confirmation hearings for the candidates for Commissioner positions. This is provided for in a draft schedule. The heads of the political groups could decide on it on September 19.
By Markus Grabitz
China's brokerages are experiencing a difficult phase due to the slow stock market. Now, two of the largest securities firms have announced their merger, which could be the start of a new round of consolidation.
By Christiane Kuehl
The Netherlands is tightening export controls on the export of cutting-edge immersion lithography systems for chip production from market leader ASML to China. Beijing criticized this decision on Sunday. Meanwhile, China is buying chip machines elsewhere.
By Christiane Kuehl
The airlines fined heavily in the air freight cartel must expect their appeals against the ruling to be dismissed. The Advocate General largely agrees with the judges. The decision will follow in the coming months.
By Corinna Visser
The Liberals in the EU Parliament are seeking a redistribution of funds from the Connecting Europe Facility (CEF), the most important EU fund for cross-border energy projects. This should free up urgently needed financial resources.
By Manuel Berkel
The Council of Europe's AI Framework Convention is in line with the EU's AI Act. The AI Convention is open to other countries that share European values. The USA and Israel are also involved.
By Corinna Visser
Google had refused to approve an app from Enel X on Android Auto. An Italian competition authority found an abuse of its dominant market position. Now the ECJ must decide.
By Corinna Visser
The cooperation between Acemil and the Chinese state railroad CRRC could now also result in a plant in Hungary. This would allow CRRC to avoid EU regulation.
By Amelie Richter
One of China's largest automotive companies, Changan Automobile, has established a branch in Munich. The move into Germany is part of its global expansion strategy.
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