Wednesday, 26 February 2025

Asia-Pacific

FILE PHOTO: Cars wait in traffic in Shanghai, China March 10, 2021. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsTrade

EU tariffs hit growth in China’s electric car exports, industry body official says

Growth used to be at least 30-40%, and it has slowed to only more than 10%, meaning (the tariffs) had a 20-30 percentage...

FILE PHOTO: The BYD logos are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s BYD acquires 20% stake in Thai dealer Rever Automotive

The Shenzhen-based automaker has opened its first Southeast Asia factory in Thailand, and will have an annual capacity of 150,000 vehicles.

FILE PHOTO: Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee//File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

China autos group ‘strongly dissatisfied’ with EU anti-subsidy tariffs

The China Association of Automobile Manufacturers (CAAM) is "strongly dissatisfied" with anti-subsidy tariffs proposed by the European Union.

FILE PHOTO: A staff member hands an umbrella to a man outside a store of Chinese electric vehicle (EV) maker Nio at the company's manufacturing base in Hefei, Anhui province, China June 28, 2024. REUTERS/Ellen Zhang/FIle Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Nio CFO Feng steps down, EV maker appoints insider as successor

EV maker Nio said on Friday Steven Wei Feng has stepped down as its CFO, effective immediately, citing personal reasons

FILE PHOTO: Tesla Model Y on display at the Everything Electric exhibition at the ExCeL London international exhibition and convention centre in London, Britain, March 28, 2024.  REUTERS/Peter Cziborra/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Several Chinese state firms in Shanghai buy Tesla Model Y cars

Several state-owned firms in Shanghai have recently purchased Tesla Model Y as service cars, a local government statement said on Friday

FILE PHOTO: A general view of BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

BYD’s steep EV discounting in Thailand sparks backlash, PM seeks assurances

Thailand's consumer protection agency has initiated a probe into discounting by BYD dealers that left some buyers feeling they overpaid

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
AutomotiveElectric Vehicles (EVs)ElectricityNewsStorageTransport

How China’s EV battery makers stack up in energy storage

China's electric vehicle battery giants CATL and BYD are eyeing the growing market for stationary energy storage

Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/ File Photo
ElectricityInfrastructureNewsStorageTransmissionUtilities

Analysis: China, struggling to make use of a boom in energy storage, calls for even more

To meet Beijing's 2030 energy targets, local governments have required renewable energy plants to build storage, driving rapid capacity growth

FILE - A palm oil plantation is visible in Polewali Mandar, South Sulawesi, Indonesia, April 23, 2024. Vast swathes of Indonesia’s old-growth forests are left undeveloped for years after they’re felled and when the land is finally put to use, it’s most often for new palm oil plantations, according to a new study. (AP Photo/Yusuf Wahil, File)
AnalysisBiodiversityClimateEnvironmentIn-DepthResiliencyTrade

A study finds Indonesia’s deforested land is often left idle. But some see potential in that

Indonesia may have an opportunity to expand its agricultural, palm, pulp and other commodities without cutting down more trees.

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