China has approved the construction of a huge hydroelectric dam in Tibet, which would be the world’s largest hydropower plant with triple the capacity of the current biggest operational project, the Three Gorges Dam, which is also in China. The Chinese government has now approved the construction of the new project in the lower reaches…
China has approved the construction of a colossal hydropower project on Tibet’s longest river that could generate three times more energy than the Three Gorges Dam, state news agency Xinhua reported on Wednesday. Total investment in the dam could exceed 1 trillion yuan (US$137 billion), which would dwarf any other single infrastructure project on the…
Malaysian carmaker Proton on Monday launched the country’s first home-grown electric vehicle (EV), priced nearly US$10,000 cheaper than the nearest rival offered by Chinese EV giant BYD, as the company aims to make electric mobility more affordable for Malaysians. Chinese EV giants have shifted their focus to Southeast Asia due as tariffs hinder their access…
The Hong Kong government must quickly come up with a new business model for the city’s two franchised bus companies, which face nearly HK$6 billion (US$771 million) in investments to overhaul their fleets to reach zero-emissions targets, according to a think tank. The clock is ticking because the companies have less than eight years to…