In brief | 29 November '24
Bloomberg: German government plans about €2 billion in new chip subsidies
- Part of a push to build chip supply resilience in Europe
- Intel recently delayed a 30-billion-euro chip factory in Magdeburg
The European Commission adopted intermediate targets that EU countries are required to meet in 2025 to ensure gas storage facilities are filled to at least 90 percent of capacity by 1 November 2025.
Bloomberg: Chinese EV makers slip further in Europe amid tariff tussles
Chinese carmakers’ push into the European electric vehicle market continued to meet resistance, with their share of deliveries to the region slipping during October in the run-up to new tariffs.
Bloomberg: Norway set to become world’s first all-EV car market
Norway is on the cusp of completing a transition away from combustion cars thanks to targeted incentives that made electrics an easy choice.
Bloomberg: Icelandic election set to usher in a green energy boom
- Front-runner in polls pledges 25 percent supply boost in a decade
- Island needs to cut energy shortages to help diversify economy
