Sofia Grapples with Abandoned Cars: Over 1,700 Stickers Placed in Three Months
Sofia, the capital city of Bulgaria, faces a mounting challenge with abandoned vehicles cluttering its streets, as reported by the Metropolitan Inspectorate
Toyota Motor Corp. said Monday it is looking to offer an electrified option for every car model in its lineup by around 2025, the latest sign that it is readying to pursue a chunk of the growing market for green vehicles./english.kyodonews.net
The major Japanese automaker, which plans to roll out an all-electric vehicle in China in 2020 and expand to other markets including Japan, India and the United States, said it will increase the number of battery electric vehicle models to more than 10 in the first half of the 2020s.
It also plans to expand its lineup of plug-in hybrid and hydrogen fuel cell cars in the 2020s.
The announcement comes after Toyota said last week it is entering talks with Panasonic Corp. to jointly develop safe and energy efficient rechargeable car batteries, and that it aims to sell 5.5 million electrified cars, more than half of its total global sales, by 2030.
A wave of tighter emission regulations is pushing the auto industry to shift toward environmentally-friendly cars, specifically all-electric models.
Britain and France plan to ban cars running on gasoline or diesel by 2040, while China, the world's largest car market, is contemplating a similar move.
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Real estate agents have reported a surge in property purchases by foreigners in Bulgaria's resorts and major cities like Sofia, Plovdiv, Varna, and Burgas
Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933
A comprehensive guide for Bulgarian investors looking to enter Dubai's lucrative off-plan property market, including benefits, the buying process, best areas, and essential considerations.
Bulgaria’s prospects for joining the euro in 2025 have been bolstered by a cooling annual inflation rate, which dropped to the eurozone average of 2.4% in April, marking its first dip below 3% since the summer of 2021
Many Bulgarian consumers are raising concerns about the resale of goods from Chinese sites like Temu and Shein at higher prices in Bulgarian physical and electronic stores
Coastal hoteliers are increasing employee wages by at least 20% to address the staff shortage
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU