Transport

China Turns Focus on Rare Earths Sector Amid Trade War with US

Rare earths have emerged as particularly significant to the global clean energy transition as countries around the world race to…

1 month ago

US And China Set to Hold Nuclear Arms Control Talks – WSJ

Talks on Monday are part of a US move to better understand China's outlook and head off a potential three-way…

1 month ago

US, UK and Canada Ramp up Action Against Myanmar Junta

The US Treasury has imposed sanctions on Myanma Oil and Gas Enterprise, the ruling junta's main source of foreign revenue,…

1 month ago

Buffett Sells $25.8 Million More BYD Shares, Stake Down by 61%

Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the…

1 month ago

Evergrande ‘Offering Offshore Creditors 30% Stake in Two Units’

The move, proposed in a new debt-restructuring plan for offshore bondholders with about $19 billion of debt, would involve shares…

1 month ago

Toyota to Pump $8 Billion More Into US EV Battery Factory

The Japanese auto giant is accelerating its efforts to catch up with its legacy rivals by boosting its investment in…

1 month ago

Panasonic Battery Unit Cuts Profit Forecast, Warns on EV Sales

The Tesla supplier dropped its full-year operating profit forecast to $769 million as a result of falling demand for luxury…

1 month ago

China’s BYD Posts Highest Ever Quarterly Profit With 82% Jump

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

1 month ago

Philippines Drops China Funding Deal for Rail Links – Benar

Manila has scrapped a deal with China to fund and build three rail projects on Luzon and Mindanao islands, which…

1 month ago

Stellantis Secures China Foothold With $1.6bn Leapmotor Deal

The Netherlands-based joint venture is expected to start exporting vehicles in the second half of 2024

1 month ago

Threat of More Rate Rises Slowing the Shift to Electric Vehicles

Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from…

1 month ago

Japan to Shake Up Battery Supply Lines Over China Fears

The country's automakers have been unnerved by China’s graphite licensing move and are now looking to limit their EV battery…

1 month ago