Volkswagen may cut more than 15,000 employees

Volkswagen carmaker may cut more than 15,000 employees because of closure of its factories, ABC.AZ reports, citing data from Jefferies financial company’s analysts.

Electric vehicle imports fell in price by 2,200 manats

Azerbaiajn imported 1,971 electric vehicles for $78,483 for Jan-Aug 2024.

Interest in electric vehicles has grown in China

China became the first country whose citizens purchased 1 million NEW (New Energy Vehicle) segment cars, that is, electric cars and rechargeable hybrids.

13 new trains should arrive at Baku Metro within 3 years

13 new trains (65 wagons) are to be delivered to the Baku metro within three years, ABC.AZ reports, quoting the press secretary of Baku Metro CJSC Bakhtiyar Mammadov.

GM and Hyundai plan to jointly produce cars

Hyundai and General Motors have announced the signing of a memorandum of understanding.

Metro's working hours extended by 2 hours

In connection with Azerbaijan F1 Grand Prix, the operating mode of the Baku metro has been changed, ABC.AZ reports, referring to Baku Metro CJSC.

Parking for electric vehicles to be free of charge in Kazakhstan

From September 18, a law comes into force in Kazakhstan that will allow owners of electric vehicles to park for free.

Will a single system of car sales be created abroad and in Azerbaijan?

Making the wrong choice when buying a car can create serious problems.

‘Musical markings’ to appear on Russian roads

A special "musical marking" may appear on Russian roads, which will notify drivers about the displacement of cars towards the curb.

EC to reduce import duties on Tesla electric vehicles manufactured in China

The European Commission will reduce import duties on Tesla electric vehicles manufactured in China from 9% to less than 8%.

Azerbaijan considers possibility of launching container train Astara (Iran)-Baku-Astrakhan

Azerbaijan is considering the possibility of launching a container train Astara (Iran) - Baku (Azerbaijan) - Astrakhan (Russia), ABC.AZ informs, referring to the Ministry of Foreign Relations of the Astrakhan Region.

Head of Volkswagen stated about ‘unprecedented crisis’ in entire European automotive industry

The entire European automotive industry is in an extremely difficult situation, which has never happened before.

More than 6,000 electric vehicles delivered for past 8 years

Stagnation in automotive market

The automotive markets have been stagnating for several months now.

Sales of electric vehicles in Norway increased sharply

While sales of electric vehicles are slowing in Europe, the situation is reversed in Norway.

Toyota lowers plans on global production of electric vehicles in 2026

Traffic on this road will be restricted for 2 months

Stadler Rail Germany has released RS Zero train with zero carbon dioxide emissions

The manufacturer of railway rolling stock, Stadler Rail Germany, has announced the release of the RS Zero, a zero-carbon dioxide train that can run on electricity, hydrogen or a combination of the two.

Production of Baku Shipbuilding Plant increased

The volume of production of Baku Shipbuilding Plant LLC, a resident of the Garadagh Industrial Park under the jurisdiction of the Economic Zones Development Agency, has increased.

Import of eco-friendly cars in Azerbaijan increased

Over Jan-Jul 2024, our country imported 1,792 electric vehicles, powered only by electric motor, for $71.5 million.

Volvo to present new flagship ES90 electric sedan in March 2025