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Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo
ClimateEmissionsNews

China’s central bank to extend low-carbon lending tool to end of 2027

The People's Bank of China will be offering low-cost loans to help companies cut carbon emissions

FILE PHOTO: A WeRide autonomous taxi is seen in Guangzhou, Guangdong province, China May 15, 2020. REUTERS/Yilei Sun/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Chinese robotaxi firm WeRide eyes up to $5 billion valuation in US IPO

WeRide is offering 6.45 million American depositary shares at a price range of $15.50 and $18.50 per share.

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

European Commission spokesperson confident Chinese EV measures comply with WTO

EU defends EV tariffs against China's WTO challenge, stating confidence in compliance with global trade rules amid ongoing dispute.

FILE PHOTO: U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Nikola posts smaller-than-expected loss on robust truck demand

Nikola beat posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs

FILE PHOTO: U.S. and Canada Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo
BusinessElectricityFinanceHydropowerInfrastructureNewsUtilities

Algonquin to sell renewables unit for up to $2.5 billion to ease debt

Canada's Algonquin Power & Utilities Corp said on Friday that it is selling its renewable energy business for up to $2.5 billion

FILE PHOTO: A house is seen as strong waves caused by Cyclone Evan wash a beach in Queen Elizabeth Drive, in Suva in this handout picture taken December 17, 2012. REUTERS/Fiji Ministry of Information/Handout/File Photo
ClimateNewsWeather

Pacific Islands to build climate disaster warehouses

Australia and New Zealand commit A$42.6M to pre-position humanitarian aid in the Pacific Islands, enhancing disaster response.

German Galushchenko, Minister of Energy of Ukraine speaks at the Recovery Forum of the Ukraine Recovery Conference 2024 in Berlin, Germany, June 11, 2024.  REUTERS/Annegret Hilse/ File Photo
Natural GasNewsPoliticsTrade

Russian gas transit route via Ukraine is functioning, minister says

Sudzha gas transit station, which delivers Russian gas to Europe, is still operational despite reports of hostilities, says Ukrainian minister.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Committed to China operations despite challenges: General Motors

GM reaffirms commitment to a profitable China operation amid competition and investor scrutiny, eyeing restructuring efforts.

FILE PHOTO: Electric vehicle (EV) models are displayed at the booths of Denza, a joint venture between Mercedes-Benz Group AG and BYD Auto, and Chinese EV maker Voyah, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo
Electric Vehicles (EVs)NewsTransport

China’s EV maker BYD launches first model with lidar sensor

2025 version of the Seal EV from BYD will have lidar sensors, becoming the company's first model to do so.

FILE PHOTO: Electric vehicle (EV) models are displayed at the booths of Denza, a joint venture between Mercedes-Benz Group AG and BYD Auto, and Chinese EV maker Voyah, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China auto market hits milestone as EVs, hybrids make up half of July sales

Milestone for the Chinese car market as 50.7% of cars sold were electric or hybrids, although domestic sales have declined overall amid struggling...

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