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Climate and energy
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Climate change
Renewable energy
China’s carbon neutral goal
Sustainability
Electric & new energy vehicles
CATL eyes global dominance in EV battery market with US$5 billion cash reload
Overseas business made up 31 per cent of CATL’s total sales in the first nine months of 2024, versus 32.7 per cent in 2023, according to exchange filings.
13 Feb 2025 - 12:43PM
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IPO
Hong Kong IPO: EV battery king CATL files plan to pursue global expansion
12 Feb 2025 - 12:00AM
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Business of climate change
Funding, weak demand plague efforts to drive green hydrogen output, BMI says
11 Feb 2025 - 7:30AM
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Business of climate change
China to allow market forces to set solar, wind power prices
Change from fixed pricing will ‘set a solid foundation for the construction of a unified national electricity market system’, analyst says.
10 Feb 2025 - 3:00PM
A photo taken on December 28, 2024, shows wind turbines in Dabancheng, also known as ‘China’s Wind Valley’, in northwest China’s Xinjiang Uygur Autonomous Region. Photo: Xinhua
Business of climate change
Electric trucks cheaper than diesel vehicles on long-haul routes: expert
A pilot programme in Shenzhen showed that trucks that run on batteries beat diesel-fuelled vehicles in terms of total cost of ownership.
4 Feb 2025 - 7:30AM
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Business of climate change
JD.com-backed gadget platform banks on China’s trade-in subsidy to spur volume
ATRenew, China’s largest platform for pre-owned electronics, is offering trade-in incentives to coincide with the Lunar New Year holiday.
1 Feb 2025 - 9:30AM
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Business of climate change
Nature investments are the way to go to tackle climate change, fund manager says
London-based fund manager Climate Asset Management touts long-term investment benefits, as such investments are about to take off.
30 Jan 2025 - 10:30AM
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Frequent extreme climate events, pollution and over-exploitation are affecting natural resources such as forests, soil and water that are essential to a sustainable economy. Photo: AP Photo
Accounting and auditing
Hong Kong accounting body calls for more expertise in sustainability practices
Some 21 per cent of Hang Seng Index members obtained a ‘reasonable’ score while 53 per cent received a ‘limited’ rating, council report shows.
28 Jan 2025 - 4:34PM
Electric & new energy vehicles
BYD resorts to forex trading strategy to counter yuan’s volatility
The world’s largest EV maker is aiming to protect its growing global operations from yuan volatility amid rising trade tensions.
27 Jan 2025 - 7:42PM
Business of climate change
Tianqi warns of US$1 billion loss on price slump, halt to Australian expansion
A decline in profit at the firm’s Chilean unit, forex losses and asset impairments contributed to the poor results in 2024.
24 Jan 2025 - 4:23PM
Electric & new energy vehicles
Chinese electronics recycler GEM plans Hong Kong share listing
Specialist in recycling batteries, electronic waste, scrapped cars and waste plastics seeks funds to speed global expansion.
22 Jan 2025 - 7:30AM
Electronic circuit boards and components await recycling. Photo: Shutterstock
Banking & finance
Chinese investment bank CICC cleared to operate in Dubai financial centre
Licence is ‘a big step forward’ for cross-border deals in the United Arab Emirates, CEO of Dubai Financial Services Authority says.
16 Jan 2025 - 12:20PM
Banking & finance
Hong Kong should seize role in clean-energy commodities, think tank says
Commodities market would ‘create a new growth point for Hong Kong’s economy’, report from Better Hong Kong Foundation says.
15 Jan 2025 - 4:47PM
Electric & new energy vehicles
China’s WeRide starts third European self-driving trial in Switzerland
Company is stepping up efforts in Southeast Asia, the Middle East, Europe, Japan and South Korea, CEO Tony Han says.
14 Jan 2025 - 5:00PM
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Business of climate change
Can China’s solar industry find a solution before it’s too late?
Solar industry faces year of reckoning as Opec-style pact falters amid a price war and excess capacity.
13 Jan 2025 - 3:58PM
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Illustration by Henry Wong
Electric & new energy vehicles
Beijing renews EV subsidy to spur sales, keeps size of incentive unchanged
NDRC says buyers of electric cars for replacement purposes would receive US$2,728 this year.
8 Jan 2025 - 8:58PM
Electric & new energy vehicles
China’s discount war rolls on after 227 EV models slashed prices in 2024
Industry embarks on a new round of price competition that is likely to edge out more underachieving players in 2025.
7 Jan 2025 - 3:36PM
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Business of climate change
China’s Trina Solar sets world record for solar conversion technology
The company’s solar module beat the decades old solar cell efficiency record held by University of New South Wales laboratory.
6 Jan 2025 - 5:21PM
Trina Solar said it would continue to increase its research and development in passivated solar technology to maintain its technology leadership. Photo: Reuters
Electric & new energy vehicles
BYD’s fourth-quarter EV output beats Tesla as world’s No 1
In the fourth quarter, BYD beat Tesla by more than 20 per cent in terms of deliveries.
8 Jan 2025 - 4:04PM
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China energy security
China’s nuclear power drive gains steam as major new reactor comes online
The project in Fujian province is the first example of China’s third-generation Hualong One reactor being put into large-scale commercial operation.
2 Jan 2025 - 8:00PM
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Business of climate change
Low-carbon hydrogen to get more support in 2025 from Beijing’s new policy push
Beijing orders country’s refiners and chemical companies to increase their use of low-carbon hydrogen to reduce emissions.
2 Jan 2025 - 12:00PM
Business of climate change
Templewater builds Middle East ties to unlock energy transition potential
Private equity firm eyes opportunities for its entities in vehicle manufacturing and sales distribution in the Gulf Cooperation Council nations.
13 Jan 2025 - 4:19PM
Wisdom Motor has supplied three hydrogen-powered bus models to Abu Dhabi. Photo: Aileen Chuang
Electric & new energy vehicles
From oversupply to Trump 2.0: the outlook for EV batteries in 2025
Here are a few things you need to know about the EV battery market in 2025.
2 Jan 2025 - 7:30AM
Business of climate change
Citigroup, BofA join US lenders in leaving global climate-banking alliance
US banks are under pressure from Republican lawmakers to distance themselves from industry groups that support reducing carbon emissions.
1 Jan 2025 - 12:06PM
Business of climate change
Firms should focus on ESG amid domestic competition, regulatory hurdles abroad
An executive at GCL Technology Holdings says solar panel makers need to pay greater heed to their carbon management.
26 Dec 2024 - 8:00PM
HIGHLIGHTS FROM
China Future Tech
Global Economy
US risks ‘losing next industrial revolution’ as China races forward, panel told
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Big Tech
Weixin is testing DeepSeek to put China’s super app on steroids
16 Feb 2025 - 4:07PM
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Science
Chinese scientists investigate whether microbe in food eases autism symptoms
16 Feb 2025 - 2:00PM
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China Economy
Could DeepSeek help China’s yuan dethrone the US dollar?
16 Feb 2025 - 10:00AM
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China Business
How DeepSeek’s AI has become a must-have feature in Chinese smart EVs
16 Feb 2025 - 9:00AM
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