Yellen says the World Bank and global development banks should be reformed to become more efficient before being given more funds to help poor nations counter climate change

Technological advances have helped lithium-iron-phosphate batteries edge past EV batteries made of nickel and cobalt, experts say

New energy vehicles purchased in 2024 and 2025 will be exempted from purchase tax of up to 30,000 yuan per vehicle, and half of that for purchases in 2026 and 2027

The European Union is set to lay out strategies on 'de-risking' trade with China and other potential military rivals

Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development

As lithium prices fall and concerns rise around the environmental impact of lithium mining, China's Yichun city finds itself running short of achieving ambitious targets

Dozens of fossil fuel companies have set net-zero emissions targets, but these moves are regarded as "largely meaningless" because most fail to address key concerns

New president says moves to boost the bank's lending capacity could free up "tens of billions" of dollars, but not the trillions needed for energy transition to counter climate change, so private money is essential

A huge crane was brought down in Wuhu, while hailstorms lashed Liaoning, causing an estimated loss of $28m to 17,000 acres of wheat, state broadcaster CCTV reported

The Chinese electric vehicle maker said its new NEV brand symbolizes “the pursuit of the transformative rise and the exploration of digital realms”

Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction

Chinese state media have been happy to report that the World Bank has lifted its GDP growth forecast to 5.6%. It has also raised its 2023 global growth forecast