Import and sale of charging stations for electric vehicles is exempt from VAT for another 2 years

Azerbaijan extends exemption period for import and sale of chargers of the second and third levels for electric vehicles from VAT is extended for another 2 years.

Toyota and Subaru to jointly release another electric crossover

Passenger turnover observes a rise at Heydar Aliyev Airport

In the past 9 months of 2024, the Heydar Aliyev International Airport served 5.725 million passengers (33% more versus Jan-Sept 2023 - 4.305 million passengers)

During the year, number of ASCO employees decreased by 34 people

Honda may return motorcycles with sidecars

A patent recently obtained by Honda may bring back the mass use of sidecars to motorcycles, which were abandoned almost by all manufacturers of motorcycles.

Tesla stops selling Model S electric car in U.S.

The cheapest version of Tesla’s electric car Model S can no longer be bought in the U.S.,

Turkish low-cost airline AJet Airlines starts flying to Moscow airport Vnukovo

Toyota invests $500 million in air taxis

Toyota Motor is increasing its investment in air taxi manufacturer Joby Aviation by $500 million, supporting plans for commercial production.

Togg sales are up again

Togg's sales have grown again.

German automakers offer Scholz to abandon trade war with China

BMW and other automakers urge the German authorities to oppose the introduction of protective duties on Chinese electric vehicles.

Tesla increases deliveries of electric vehicles in 3rd quarter

Azerbaijan-Uzbekistan transit traffic has increased

The transit traffic between Azerbaijan and Uzbekistan has increased during the year.

160 electric buses to be delivered to Azerbaijan

One of the ambitious projects is the electrification of public transport.

Automotive industry in Europe has lost $10 billion in capitalization

European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns over the sector's earnings outlook in a year marred by slowing demand and aggressive Chinese competition.

Ahmadbeyli-Fuzuli-Shusha project becomes winner in category ‘Innovative construction methodology’

Triple fee to be charged in Paris for parking SUVs of city guests

A number of permanent or temporary traffic management updates have come into force in the French capital since October 1. One of them is a triple tariff for parking large SUVs of guests of the city.

Azerbaijan's railways set for digital overhaul with ADB's $47M loan

The Asian Development Bank (ADB) has approved a $47 million loan to Azerbaijan for the digital transformation of the Azerbaijan Railways Closed Joint-Stock Company (ADY).

Baku port to be opened to international investors - Taleh Ziyadov

Azerbaijan is developing rapidly and many innovative projects will be implemented in the next decade.

Armenia gains access to Iranian port of Chabahar

A strike by port workers in U.S. to turn into a disaster for farmers

The promised strike of 45,000 port workers in the U.S. has forced farmers to prepare for supply delays and falling sales.

BYD recalls close to 100,000 cars

Chinese concern BYD and the State Administration for Market Regulation of China have announced a recall campaign, which has already been called the largest in the history of the concern.