Despite €3 billion mobilised through the European Battery Alliance created in 2017, only 3% of the investment needed in the battery supply chain has been made.
As part of the brand's launch strategy in Europe, Romania becomes one of the nine European markets to open sales for the first batch of Leapmotor C10 and T03 electric cars.
Europe's EV sales slowing due to reductions in EV incentives, lack of affordable EV models, and consumer concerns about insufficient chargers.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.