China is exporting hundreds of modern electric sports utility vehicles from the Hongqi, or Red Flag, brand to Norway, as Chinese car companies expand globally
Nio and a clutch of other Chinese carmakers have started selling their electric vehicles in Europe, hoping that their 'modern tech' can gain them a foothold in a notoriously tough market.
China's shift into mass-market electric cars is poised to quicken as Nio Inc. announces a new brand to take on Toyota and Volkswagen. Its first sedan and two other new models will launch in 2022.
Despite official clarifications, press statements, and pull-out promises from controversial projects, the $100-billion Adani group continues to see its shareholders’ confidence eroding.
Norwegian central bank move follows warning to Japan’s Kirin Holdings over possible exclusion due to beverage giant’s business ties to Myanmar’s military