Friday, 16 May 2025

Asia-Pacific

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Japan could be energy-independent by 2060 thanks to renewables, says Rystad Energy CEO

Japan, a major coal and LNG buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power, CEO of Rystad...

FILE PHOTO: A view shows a car logo of Chinese automobile manufacturer Chery at a dealership in Vladivostok, Russia, March 22, 2023. REUTERS/Tatiana Meel/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsTransport

China’s Chery Auto: EU factory will help mitigate EV tariffs

Chery said EV production at its recently-acquired Barcelona factory in Spain is expected to start by the end of the year.

Geely Auto logo is seen in this illustration taken January 16, 2024. REUTERS/Dado Ruvic/Illustration
Electric Vehicles (EVs)NewsPoliticsTradeTransport

China’s Geely expresses disappointment in EU tariff decision

Geely would be subject to a 20% additional duty rate from next month.

China has spearheaded a targeted industrial strategy to boost its EV sector, pouring vast state funds into domestic firms as well as research and development (AFP)
AnalysisAutomotiveBusinessElectric Vehicles (EVs)IndustryPoliticsReportsTradeTransport

Why are Chinese electric cars in EU crosshairs?

The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month...

FILE PHOTO: The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Japan’s Honda to start selling micro-sized electric vans in October

Honda is the latest company set to launch in the small electric van market.

FILE PHOTO: Temasek logo is seen in this illustration taken November 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelLiquefied Natural GasNews

Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

The deal will provide Shell, already the world's top LNG trader, with access to gas markets in Europe and Singapore.

FILE PHOTO: A longtime exposure shows cars driving on the Mittlerer Ring  in Munich, Germany, February 1, 2023. REUTERS/Lukas Barth/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

European carmakers hit by ‘fear of retaliation’ from EU tariffs on China EVs

Shares in some of Europe's biggest automakers dropped on fears of Chinese retaliation after the EU imposed duties on imported Chinese EVs

The European Commission has ordered a provisional hike to tariffs on Chinese manufacturers including BYD (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

EU slaps extra tariffs of up to 38% on Chinese electric cars

The European Union threatened on Wednesday to hit Chinese electric car imports with additional tariffs of up to 38% from next month

FILE PHOTO: 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
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

China ready to defend interests over EU tariffs on EVs

China will take measures to "firmly safeguard" its interests after a report that the EU would impose tariffs of up to 25% on...

A drone view shows BYD electric vehicles before being loaded onto a vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

EU imposes tariffs of up to 25% on Chinese EVs, FT reports

The EU will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese EVs...

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