Volvo changes its mind about completely switching to electric vehicles by 2030

Volvo Cars abandons its previously-set goal on switching to production of exclusively electric vehicles by 2030. Now the automaker expects that by this time over 90% of global sales will be electric vehicles, the company says.

Traffic on Alat-Astara-Iran highway section to be restricted

Stadler regional service center in Baku to open in 2026

Rules of carriage of goods by rail approved

The Cabinet Ministers has endorsed the Rules of carriage of goods by rail.

Sales of cars made in Azerbaijan grew by 20%

In the 1st half of 2024, 1,323 vehicles for 38 million manats were sold in the Hajigabul Industrial Park, and 203 vehicles for 3.2 million manats were sold in the Neftchala Industrial Quarter.

Sales of electric vehicles from Chinese manufacturers increased

Despite restrictive measures taken by Western countries such as the United States, the European Union (EU) and Canada, sales of electric vehicles by Chinese car companies did not decrease in August.

Car sales in Russia reach peak

The Russian car market grew by 34% year-on-year, and by 62% in all eight months of 2024, ABC.AZ reports, referring to the press service of the Association of European Businesses (AEB).

Türkiye wants to return practice of subsidizing charters from Russia in low season

The Turkish travel industry has suggested that the Turkish authorities consider the possibility of returning the practice of subsidizing charter flights in low season.

Azerbaijan, Serbia plan to launch direct flights soon

Why did sales of Chinese electric vehicles decrease in EU?

In July of this year, 14,000 Chinese electric vehicles were sold in the European Union, a drop of 40% from June, and 9.7% from July 2023.

Turkish Ministry of Transport: "Development Path" project to connect Europe, Asia

The implementation of the "Development Path" project will ensure uninterrupted transport communication between Europe and Asia.

EU embraces hybrid cars amidst electric vehicle slowdown

Russia launches first driverless train on Moscow central circle

On Wednesday, August 28, Moscow witnessed a significant milestone in public transportation as Russia's first autonomous train, Lastochka, began carrying passengers on the Moscow Central Circle (MCC).

Baku Metro sees surge in passenger numbers and revenue in first half of 2024

Canada slaps 100% tariffs on Chinese electric vehicles

IVECO truck production project receives multi-million investment

Az-Tex-Import, a leading Azerbaijani company, has announced a substantial investment of 10 million manats (approximately $5.9 million) in a project to manufacture IVECO light commercial vehicles.

BYD partners with Huawei to revolutionize autonomous driving

Chinese automaker BYD Co. is embarking on an exciting collaboration with tech giant Huawei Technologies Co. to revolutionize the world of autonomous driving.

Azerbaijan's rail sector: Fewer workers, higher wages in 2024

The number of railway workers in Azerbaijan has decreased by 15.3% by the end of the first half of 2024.

Yerevan and Tbilisi reconnect via railway

Azerbaijan to export 70% of locally produced IVECO vehicles

Az-Tex-Import LLC, a resident of the Araz Valley Economic Zone and Sumgayit Chemical Industrial Park, is set to export approximately 70% of the trucks that will be produced under the IVECO brand, according to Samir Ibadullayev, the company's founder.

Japan's car exports to Azerbaijan plummet by 32% in first half of 2024

Azerbaijan's interest in Japanese automobiles has sharply declined since the first half of 2024.