France is Xpeng’s tenth European market and comes after launches in Spain and Portugal last month. It will market the G9 and G6 SUVs and will also set up a sales and service network with local distributors.

A ChatGPT-led boom in artificial intelligence is expected to fuel an exponential growth in demand for liquid cooling technology from data centre operators, according to Macquarie Capital.

The success of the station could have big implications for the industry, as the new technology is seen as a promising alternative to resource-dependent lithium batteries.

Hydrogen-powered trucks will cost less than their fossil fuel burning rivals by 2027 in China as Beijing’s enabling environment starts paying off, according to chairman and president of Refire Group, China’s top supplier of hydrogen fuel cell technologies.

Global EV sales are expected to accelerate from next year onwards and grow at a compound annual rate of 23 per cent up to the end of the decade, according to estimates by the French bank.

The fierce price war sweeping China’s EV market is likely to persist for years, with the impact to be felt by foreign carmakers which will see their market share shrink, Leapmotor co-president Michael Wu says.

StarCharge, which provides charging equipment for electric vehicles, is focusing on efforts to grow its presence in more profitable markets outside mainland China, chief strategy officer Evan Feng says.

China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.

Oil consumption in China’s transport sector will peak next year ‘at the latest’ as rapid adoption of electric vehicles (EVs) pulls the plug on petrol consumption, according to the nation’s largest oil and gas producer.

‘Private firms are obviously looking at the torch that is potentially coming for themselves,’ when it comes to declaring emissions goals, says Net Zero Tracker project leader

A consortium of CK Infrastructure, CK Asset Holdings and Power Assets Holdings is acquiring the largest natural gas network company in Northern Ireland. The deal is expected to be completed by the end of April.

Hong Kong has the potential to become an international innovation hub for hydrogen technologies, says Towngas’s Don Cheng.

China’s ATLATL Innovation Centre and California-headquartered Founder Institute plan to bring start-ups from around the world to the city and invest in local ventures.

Germany’s Allianz Global Investors looks forward to tapping mainland China’s ‘vast potential and steady growth’ after getting the green light to operate an onshore fund management company there, says regional head.

A new operating model enabling Hongkongers to use the services of multiple credit reference agencies for the first time will start on April 26, the Hong Kong Association of Banks and two other industry groups announced.

Ampace is betting on a boom in home energy storage systems and the ‘batterification’ of tools and electronic devices as it aims to solidify an already dominant position in a part of the market away from electric cars and smartphones.

Energy-related trade between China and the Middle East is likely to increase significantly and reshape the sector globally in the wake of the Saudi-Iran peace deal brokered by China last year, according to Swiss bank UBS.

A total of 130, or 70 per cent, of the 184 units on offer were sold on Saturday, according to sales agents.

China accounted for two-thirds of the coal-burning power capacity that came online last year, according to Global Energy Monitor, which ‘starkly contrasts with the global trend, putting China’s 2025 climate targets at risk’.

An anti-subsidies investigation into Chinese wind turbine manufacturers by the EU could saddle the bloc’s renewable project developers with high costs and slow down their decarbonisation efforts, analysts say. The impact on Chinese firms could be limited.

China wants to ditch old equipment and products for new ones to boost its economy, and this campaign can help its green-transformation drive, if done right, climate experts and green enterprises say.

Epago Technologies, which makes ‘new-generation electrodes’ for hydrogen fuel cell batteries, aims to use the city’s innovation, policy, and geographical advantages as a springboard to access bigger markets in mainland China and Europe.

CellX started life as a cultivated meat producer, but is now diversifying its product range to include fermentation, paving the way for a faster market launch

The world is just beginning to see the worst impacts of climate change, and world leaders must put aside their distrust and geopolitical tensions to deliver on their decarbonisation commitments, one of the world’s top climate scientists has said.

BYD reported an 81 per cent jump in earnings last year to an all-time high on the back of record deliveries of new electric vehicles. Weak consumer spending might, however, cool sales, it said.

Smart technology such as autonomous parking systems and the wide availability of superfast battery charging infrastructure will drive a boom in EV sales over the next five years, according to two of the segment’s leading manufacturers.

Government plans to establish a clear pathway on sustainability reporting for businesses in Hong Kong this year, a move that is ‘essential’ to ‘reinforcing Hong Kong’s leading position on the international sustainable-finance map’, says financial services secretary.

Hong Kong can bring its technological edge to the table and help launch more Chinese-made EVs to the rest of the world, says Hong Kong’s first academician of the Chinese Academy of Engineering.

China’s 2025 decarbonisation goals are in danger of veering off track after policymakers redefined a key energy target that could drive emissions higher, climate experts warn.