BEIJING (Reuters) -China’s CATL said a “relatively small” number of products were affected by a fire at its battery factory in southeastern Fujian province and the impact on production and operations was expected to be limited. CATL said there were no casualties in the incident, which occurred in the city of Ningde at noon on…
HONG KONG — Chinese electric vehicle battery supplier CATL raked in 35% more government subsidies in the first half of this year, compared with the same period in 2023, maintaining its perch atop the league table of mainland-listed companies receiving the most financial assistance. While China’s public support for its EV sector has been the…
With senior American officials meeting their Chinese counterparts last week to discuss the effects of China’s manufacturing “overcapacity” on the US economy, it is worth pausing to consider both the significant benefits and concerns over Beijing’s massive and unprecedented expansion of clean energy technology. China’s leadership across all facets of decarbonisation, including research and development,…
Yutong Bus, the world’s largest electric-bus maker, has unveiled a new technology platform that aims to boost driving ranges and cut operating costs, as it vies for a bigger slice of a growing market amid a decarbonisation push by public transport fleets worldwide. The company, based in Zhengzhou in China’s central Henan province, announced the…