Thursday, 6 February 2025

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A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
BusinessElectric Vehicles (EVs)IndustryLegislationManufacturingNewsRegulations

Brazil yanks temp work visas for China’s BYD after trafficking claims

Brazil has suspended temporary work visas for BYD after 163 Chinese workers were found in "slavery-like conditions" at a site in Bahia.

FILE PHOTO: Electric power transmission pylon miniatures and Duke Energy logo are seen in this illustration taken December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityInfrastructureNewsUtilitiesWeather

Duke Energy files to recover $1.1 billion in hurricane costs

Duke Energy seeks to recover $1.1B from hurricane costs, raising residential bills by $21 per 1,000 kWh in March 2025.

FILE - A worker does checks on battery storage pods at Orsted's Eleven Mile Solar Center lithium-ion battery storage energy facility, Feb. 29, 2024, in Coolidge, Ariz. (AP Photo/Ross D. Franklin, File)
AnalysisBusinessClimateCoalEfficiencyElectricityEmissionsEnvironmentInfrastructureNatural GasNuclear PowerSolarStorageTransmissionUtilities

Climate-friendly electricity sees big battery projects soar again for 2024

In 2024, U.S. battery storage surged 71 per cent, reaching 24 GWh, offering cleaner energy and reducing reliance on polluting plants.

AnalysisBusinessClimate FinanceEconomyElectricityLegislationOpinionPoliticsReportsSolarTrade

China dominates solar PV manufacturing and trade barriers unlikely to change that

Trade barriers in the EU and U.S. have been largely ineffectual against China's dominance in solar PV manufacturing.

Hydro power lines are shown just outside Winnipeg, Monday, May 1, 2018. Manitoba Premier Wab Kinew says a rate freeze on electricity in 2025 is achievable, despite another forecasted financial loss at Crown-owned Manitoba Hydro. THE CANADIAN PRESS/John Woods
BusinessEconomyElectricityFinanceInfrastructureNewsPoliticsUtilities

Manitoba government questioned over push for rate freeze on electricity

Manitoba Hydro posted a net loss of $157 million in the last fiscal year and is set to end up in the red...

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AnalysisBusinessElectric Vehicles (EVs)LabourNewsTransport

What is China’s Jinjiang, the BYD contractor under fire in Brazil?

Jinjiang has rejected the claim about workers in slavery-like conditions in a Brazil factory.

A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Move over Mercedes: Chinese cars grab Mexican market share

Asian brands benefited from an exemption from import tariffs on electric vehicles.

FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021. Mandatory credit Kyodo/via REUTERS/File Photo
AnalysisBusinessElectricityFuelNatural GasNewsOffshore WindOilSolarWind

Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies are slowing and sometimes reversing their renewables investments.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Brazil says workers at China’s BYD site are victims of human trafficking

BYD affiliate Jinjiang said that the portrayal of the workers as "enslaved" was inaccurate.

FILE PHOTO: A staff member cleans a display showing the locations of battery maker CATL's production bases, at the CATL booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)ElectricityFinanceNewsStorage

China’s CATL to seek Hong Kong listing

CATL plans to issue offshore H-shares and apply for a listing on the main board of the Hong Kong Stock Exchange.

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