SHANGHAI: China’s internet firms have fallen behind global peers in sourcing energy from clean, renewable sources, with soaring use of internet data driving up energy demand and carbon emissions, environmental group Greenpeace said in a report on Thursday. As capacity rises rapidly, the internet data sector could account for a third of total global power […]
Chinese EV maker Lixiang files for U.S. IPO of at least $500 mln
Lixiang, also known as CHJ Automotive, founded by entrepreneur Li Xiang, confidentially filed in December for the IPO, which will take place as early as the first half of 2020, said the people HONG KONG/BEIJING: Chinese electric vehicle maker Lixiang Automotive has filed for a U.S. initial public offering, aiming to raise at least $500 […]
Chinese Solar Company to Spend $947 Million Building Two Plants
JA Solar Technology Co. plans to invest 6.6 billion yuan ($947 million) to build two photovoltaic manufacturing plants in China’s eastern province of Zhejiang. One plant will be able to make 5 gigawatts of solar cells annually in Yiwu city, and the other 10 gigawatts of panels, the company said in a filing to the […]
Chinese electric bikes disguised as Vietnamese goods into US to enjoy low duty
Chinese electric bicycles have been disguised as Vietnamese goods into the US to avoid high tariff, said Head of the General Department of Customs’ Post Clearance Audit Department Nguyen Tien Loc yesterday in Hanoi. He made the statement in the press brief about trade frauds, origin fraud and post clearance check. Mr. Loc said from […]
Sterling Tools in JV with Chinese company to make components for EVs
Chinese EV maker Benling enters high-speed zone with launch of Aura
Aura is slated to go on sale from the first quarter of the 2020 calendar and will be available pan-India Benling India Energy & Technology Pvt Ltd, the Indian arm of Chinese electric two-wheeler manufacturer, launched its latest model Aura today. With this launch, the company has entered into high speed segment of India’s EV […]
Western, Chinese consumers divided on electric, self-driving cars: Survey
Consumers in some Western countries appear unconvinced as automakers overhaul their factories and supply chains to produce pricey electric cars and invest billions to develop self-driving technology New Delhi: Automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in […]
Meyer Burger receives further order from a Chinese manufacturer for its MAiA® platform
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has received an order from a Chinese PV manufacturer for its MAiA® platform with an order volume of CHF 10 million. Key factors for the customer’s decision were not only the lowest cost of ownership in the PV industry but also Meyer Burger’s […]
Reported fires threaten China’s electric-car quest
The best way to get Chinese to buy electric cars is to give them electric cars worth buying. Tesla should be a leader in that cause. Somewhere in Shanghai, a camera caught what looks like a Model S manufactured by Tesla Inc. bursting into flames in a parking garage. On Sunday night, the video began […]
Electric car makers woo Chinese buyers with range, features
Communist leaders wanting China to lead in electric vehicles have imposed sales targets. SHANGHAI: Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. Communist leaders wanting China […]