New entrants are eyeing the riches in China’s EV market at great peril amid excess capacity and a cutthroat price war.
Hong Kong setting sail towards a greener future through green fuel incentives and vessel subsidies.
Zeekr loses 24 per cent in New York trading after announcement of Geely Auto reorganisation plan.
15 Nov 2024 - 4:30PM videocam
Chinese EV makers have delivered 9.75 million units to mainland buyers between January and October, a year-on-year jump of 34 per cent.
‘China is in a comfortable position to portray itself as the more responsible global power’ even without any new commitments, analyst says.
12 Nov 2024 - 11:44AM videocam
Chinese EV makers can opt to set up a base in the US, take the tariff blows or find new markets elsewhere, according to Pareto Economics.
12 Nov 2024 - 3:20PM videocam
Guangzhou-based company set three prices for the P7+: 186,800 yuan, 198,800 yuan and 218,800 yuan for the sedan.
China EV makers believe their advantages in production and price will make their products competitive abroad.
Company unveiled Kunpeng, a new charging system for hybrid cars, touted as the longest range extender system in the industry.
6 Nov 2024 - 6:14PM videocam
The sector is expected to keep on generating job growth, but perhaps not enough to cure the country’s unemployment woes.
China’s clean technology exports are expected to exceed US$340 billion in 2035, group says.
Methane has a warming power 80 times stronger than that of carbon dioxide on a 20-year timescale.
BYD’s third-quarter sales jumped 24 per cent to 201.12 billion yuan (US$28.2 billion), beating Tesla’s US$25.18 billion revenue in the same period.
Thanks to an advanced supply chain, companies with no history making cars are challenging for supremacy in China’s EV market.
‘A final decision will be made if there is substantial demand,’ GAC says.
Tesla said its third-quarter net profit rose 17 per cent from a year earlier to US$2.17 billion.
Moves, if implemented, would end price war and eliminate less-capable firms that churn out low-quality equipment, analyst says.
Rapid investments in grid infrastructure and energy storage is needed to fully harness the potential of renewables, expert says.
22 Oct 2024 - 9:54AM videocam
CSRC Chairman Wu Qing solicited feedback from financial specialists and media representatives, according to a readout on the watchdog agency’s website.
Extended range, autonomous driving, sofas, refrigerators … BYD, Li Auto, Xpeng, Geely, Nio and others tick all the boxes in their pursuit of consumers.
The government should streamline approvals for more projects and offer more financial support, speakers at InvestHK’s forum said.
Twelve leaders in the sector follow solar equipment makers in an agreement to end their damaging campaign of undercutting.
CATL’s move is a boon to Hong Kong’s ambition to become a global hub for innovation.
The EV maker launched the presale of the P7+ from 209,800 yuan (US$29,500), 10 per cent cheaper than the base model of Tesla Model 3.
People in emerging markets risk being ‘thrown back into poverty’ by natural disasters amid an insurance gap, Peak Re CEO says.
Such a mandate would require structural changes to the country’s power system and economic model, according to climate expert Simon Sharpe.
Harmonising standards and regulations can help unlock more capital for climate-friendly projects in Asia and the Middle East, analyst says.
20 Sep 2024 - 5:31PM videocam
Global climate finance must increase by at least sixfold to US$8.5 trillion annually through 2030 to prevent global warming, a US non-profit says.
16 Sep 2024 - 9:52PM videocam
Project partners will include the Spanish government and local industrial and financial bodies, the Shanghai-based firm said.
By adding the three emissions-heavy industries, the trading scheme is expected to cover about 60 per cent of China’s carbon emissions.