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Gleb Stolyarov

Cars produced by Chinese automaker Chery are on display at a dealership in Saint Petersburg, Russia September 30, 2024.  REUTERS/Anton Vaganov
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

China’s Chery assembles cars in Russian plants vacated by Western rivals

Chinese carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen...

FILE PHOTO: Russian President Vladimir Putin talks to journalists in Saint Petersburg, Russia September 12, 2024. Sputnik/Vyacheslav Prokofyev/Pool via REUTERS/File Photo
Critical MineralsFuelMineralsNewsOilPoliticsTrade

Putin’s commodities ban threat puzzles Russian firms and officials

Russian officials are perplexed by Putin's surprise threat to limit exports of strategic commodities in response to Western sanctions.

FILE PHOTO: An aerial view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel/File Photo
NewsOilPoliticsRegulationsTrade

Western insurers provide cover for Russian oil despite price cap concerns

Tankers carrying Russian oil being insured by five Western companies, trading data shows, despite fears that G7 price cap is being breached.

FILE PHOTO: Electric cars of Zeekr, a premium brand owned by Chinese automaker Geely, are on display at the Frank-Auto dealership in Moscow, Russia June 14, 2024. REUTERS/Yulia Morozova/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNewsPoliticsRegulationsTrade

Payment problems stifle Russian imports of Chinese cars

Moscow and Beijing use smaller banks to avoid delays, but smaller importers face bounced payments, impacting both countries' trade.

An electric car of Zeekr, a premium brand owned by Chinese automaker Geely, is on display at the Frank-Auto dealership in Moscow, Russia June 14, 2024. REUTERS/Yulia Morozova
AutomotiveBusinessElectric Vehicles (EVs)News

Zeekr’s sales jump as Chinese dominate Russian EV market

Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition

FILE PHOTO: A view shows lumps of coal at Borodinsky open-pit mine, owned by the Siberian Coal Energy Company (SUEK), near the Siberian town of Borodino near Krasnoyarsk, Russia September 28, 2023. REUTERS/Alexander Manzyuk/File Photo
BusinessCoalInfrastructureNewsTransmission

Russia’s OTEKO to reject offer for coal transshipment terminal

Transport group Delo will submit an offer to buy OTEKO's Taman coal transshipment terminal to lower coal prices and resume stalled operations

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