Investor enthusiasm in EV companies is fading
Investors' enthusiasm for EV companies is fading, says eToro's analyst for Romania, Bogdan Maioreanu.
Investors' enthusiasm for EV companies is fading, says eToro's analyst for Romania, Bogdan Maioreanu.
Autonom, an integrated provider of mobility and financing services, has launched a solution dedicated to electric cars to address concerns associated with the adoption of electric vehicles, such as long-distance car autonomy, charging, maintenance costs, technological advancement, and resale value risk. Number three in the market of operational leasing and car rental companies ordered at the beginning of the year, with the help of an EIB loan of €32 million, 200 Tesla electric cars (Model 3 and Model Y).
The report of the Romanian Automobile Manufacturers and Importers Association on car registrations in the first three months of 2023 shows strong new growth in the 100% electric car segment. In the first three months of the year, 36,592 new cars were registered, of which 3,130 are fully electric, 1,269 were plug-in hybrids, 2,981 were "full hybrids", 24,539 powered by gasoline, and 4,673 were diesel.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Polish firm Węglokoks has secured €11.63 million in funding to develop a photovoltaic (PV) farm and an energy storage facility.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.