Sunday, 23 February 2025

Focus on Govt of China

An image featuring the BYD logo with silhouettes of people in the background.
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

Chinese EV giant BYD beats Tesla in quarterly revenue for first time

China's BYD reported surging sales, surpassing Tesla in quarterly revenue for the first time as it expands into overseas markets.

Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

China advises automakers to halt investments in EU nations backing new EV tariffs, potentially widening the Europe-China rift.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
AnalysisBusinessElectric Vehicles (EVs)PoliticsTrade

Explainer: What happens as EU concludes investigation of Chinese-made EVs?

The EU formally approved imposing tariffs on Chinese-made EVs on Tuesday after an investigation that has divided the bloc.

FILE PHOTO: A general view of electricity pylons during an organised media tour in Jiuquan, Gansu province, China October 17, 2024. REUTERS/Tingshu Wang/File Photo
AnalysisBusinessEconomyElectricity

China power demand growing faster than expected in 2024, industry association says

The China Electricity Council now sees 2024 electricity consumption growing by seven per cent to 9.9 trillion kilowatt-hours.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsTrade

China again warns EU against separate talks with EV makers

China renewed warnings that if the EU conducts separate talks with EV companies while in dialogue with China, that would erode trust.

New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/ File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

EU, China agree to more talks on potential alternatives to EV tariffs

The EU and China will soon hold more talks on alternatives to EV tariffs, but significant gaps remain, the EU Commission said.

FILE PHOTO: Lucid Group CEO Peter Rawlinson speaks during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingPoliticsRegulationsTradeTransport

US automakers urged to innovate despite tariffs on Chinese rivals

U.S. auto leaders warn against complacency as Chinese rivals outpace in EV tech, despite short-term tariff relief.

FILE PHOTO: Volkswagen logo is illuminated on a production line for the Golf VIII and Tiguan cars at the VW headquarters in Wolfsburg, Germany May 23, 2024. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FuelNewsTrade

Hybrids top petrol power for first time in EU new car sales, ACEA says

Hybrids overtook petrol-powered vehicles in EU new car sales for the first time in September, industry data showed on Tuesday.

FILE PHOTO: ASML headquarters is seen in Veldhoven, Netherlands August 30, 2018. REUTERS/Piroschka van de Wouw//File Photo
BusinessCritical MineralsManufacturingNewsPoliticsTrade

ASML expects growth in 2026, US-China row to continue, CEO says

ASML's CEO expects growth in 2026 despite U.S. export pressure on China, as 2025 faces slower sales outside of AI chips.

FILE PHOTO: The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024, near Laidlaw, British Columbia, Canada, February 18, 2024. REUTERS/Chris Helgren/File Photo
BusinessNewsOilTransmission

Canadian Natural Resources to take over more space on the Trans Mountain pipeline: Bloomberg News

The recently expanded Trans Mountain pipeline has capacity to ship 890,000 bpd of crude from Alberta's oil sands to the Port of Vancouver.

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