Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish
The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion
At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates
Little-known China startup allegedly spent $5.5 million, and used sub-optimal Nvidia chips, on an AI model that rates with the best created by US tech giants; this caused Nvidia and other tech shares to sink
The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export
In 2022, while lithium prices were soaring to life-time highs, CATL intervened in the market by opening a huge lithium hub in China. Prices have since slumped 86%
Before we head into Donald Trump’s first full day in office on Tuesday, here’s a look at what his first day back as president meant for technology, climate and markets
Solar power was deployed 100 times faster than nuclear power around the world in 2024 – and "five times faster than everything else combined," a new report says
Many Chinese car makers are scouting locations for plants in Europe, the world's second-largest EV market, to circumvent tariffs imposed by the European Commission last year
The group, which describes its business as "emissions intelligence," has raised an extra $5 million to enter the insurance sector to focus on emissions risk management.
A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year
Unlike the European Union and the United States, Norway does not impose tariffs on Chinese electric vehicles