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New energy vehicles Aiways U5

5-23-20, 500 China’s new energy vehicles Aiways U5 were shipped to European Union where NEV originated. 

The first 500 units exported to the EU are just the beginning of Aiways’s internationalization. This electric SUV that’s been given a three out of the full five-star crash rating by the European New Car Assessment Programme (EuroNCAP), it will have the ability to provide up to an estimated 500km of range and be able to accelerate from 0 to 100kph in 9.0 seconds before reaching a top speed of 150kph. The first deliveries planned in August and looks to be priced at an estimated 35,000 euros for Germany and The Netherlands, while it will cost just 28,000 euros for those in the UK.

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EU’s INSTEX mechanism facilitates first transaction with pandemic-hit Iran

https://www.euractiv.com/section/global-europe/news/eus-instex-mechanism-facilitates-first-transaction-with-pandemic-hit-iran/?fbclid=IwAR0Isq677PB3wo_ePLeQWrUxSCuWRjogy7liaEkNsKnTZMqidwh0qIfrQ-o The EU-Iran trading mechanism INSTEX, designed to allow Europeans to bypass US sanctions and continue trade with Tehran, has successfully concluded its first transaction. However, the humanitarian deal actually doesn’t appear to contravene EU sanctions.

France, Germany and the UK confirmed on Tuesday (31 March) that INSTEX has successfully concluded its first transaction to facilitate the export of medical goods from Europe to the pandemic-hit country.

Iran’s economy has been battered since May 2018 when US President Donald Trump unilaterally withdrew the US from the 2015 nuclear deal, the Joint Comprehensive Plan of Action (JCPOA) – signed by Iran, China, France, Germany, Russia, UK, US, Germany –  and reimposed sanctions on Tehran.