China’s Gotion Inc. has abandoned a $2.4 billion flagship factory to make battery parts in Green Charter Township, near Big Rapids, Michigan. Township residents, after a vigorous campaign, forced an exhausted company and weary state government to walk away from the project last year. Did the Green Charter residents, in their successful effort, also set…
As the United States retreats from climate policy, China signaled its rising intent to lead a transition away from fossil fuels and toward Chinese-made renewable energy technologies in remarks to world leaders on Tuesday. Speaking at the World Economic Forum in Davos, Switzerland, Chinese Vice Premier He Lifeng cast China as a beacon of stability…
Weeks after China unveiled its lightweight but powerful Type 100 main battle tank featuring diesel-electric propulsion, the US Army’s pursuit of a similar design for a hybrid-electric next-generation version of the Abrams tank faces a new strategic hurdle. Beijing has imposed export controls on the advanced lithium batteries critical for powering such next-generation military systems,…
Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. Xinhua News Agency via Getty Images Donald Trump pledged to push for “American energy dominance” throughout his 2024 presidential campaign, powered by an aggressive expansion of domestic fossil fuel production. He kept that…
Five years ago, China’s longtime leader Xi Jinping shocked and delighted the world by declaring in a video presentation to the United Nations that his country would peak its carbon emissions this decade and achieve carbon neutrality by 2060. He tried to rekindle that magic late last month in another virtual address to the UN,…
China’s clean technology is “becoming the basis of the new energy system” around the world, with the country’s monthly green tech exports hitting a record US$20 billion in August, a European think tank said. As China brings down the prices of technologies like batteries and photovoltaic solar panels, sales are surging in countries across Southeast…
Eqonic’s technology is currently at the lab stage Eqonic Barely a day goes by without a battery technology company claiming it’s going to change the EV world. Solid state batteries have been imminent for at least a decade, for example. In this context, UK startup Eqonic’s bold claims for its technological innovation are naturally going…
China now has two ways to sell electric cars in the Chile EV market without an import tax. Besides the China–Chile trade deal, Chile said EVs (electric vehicles) made in Indonesia can also enter at 0% under IC-CEPA (Indonesia–Chile Comprehensive Economic Partnership Agreement). After Santiago’s nod, Indonesia’s carmakers’ group says … Source link
China’s world-leading solar, battery and electric vehicle companies have sharply increased foreign investment plans in recent years, pledging more than $210 billion since 2022, according to new research. Chinese companies are expanding their supply chains abroad to capture new markets, avoid tariffs and get closer to sources of raw materials, Johns Hopkins University’s Net Zero…
The electric vehicle (EV) industry, formerly one of China’s most inward-focused industrial sectors, is now leading a push overseas, carrying the government’s hopes of forging an offshore economic empire to sidestep cutthroat competition at home. Last year, for the first time, Chinese EV companies invested more overseas than they did at home, despite higher costs,…