Xiaomi plans to launch its first electric cars by the end of March. The electric sedan SU7 will be available starting March 28, the head of the electronics company Lei Jun announced on Weibo and X on Tuesday. The EV division Xiaomi Automobile publicly unveiled the car in Beijing in late December and will roll […]
This Friday is International Women’s Day. On this day, women in China are given half a day off. Entire groups of female employees or friends visit places of interest, stroll through parks or shopping malls, take photos, eat together – or buy themselves flowers, like they did here a year ago in Kunming, Yunnan province. […]
Premier Li Qiang opened the National People’s Congress with his work report, as always, with many details. What is particularly striking is Li’s focus on continuity. The deficit, inflation, unemployment rate, and – most importantly – economic growth targets are practically the same as a year ago, writes Joern Petring. As expected, the NPC is […]
China’s solar giant Longi Green Energy Technology has called on Beijing to take action against low prices and ensure the quality of solar modules. Overcapacity and tough competition were driving companies to bankruptcy, said Longi Chairman Zhong Baoshen in an interview with the Shanghai Securities News on the sidelines of the National People’s Congress. He […]
Reports about the growing ambitions of the Chinese EV market leader BYD abroad continue unabated. BYD plans to expand its car carrier fleet to eight within two years, Nikkei Asia reported on Tuesday. The Group aims to increase its export capacities in this way. Previously, only seven freighters were planned.A shortage of shipping slots has […]
China’s highly focused session weeks begin. The annual “two sessions” kick off today with the advisory body, the Political Consultative Conference. Far more important signals come from the National People’s Congress, the parliament of the People’s Republic.Premier Li Qiang has just reiterated that he and his government primarily consider themselves the executive body for the […]
BYD is in the process of tapping into the European market while also planning an expansion in Japan. BYD plans to launch three more EV models in Japan by 2026, China’s electric market leader announced on Friday. “Our participation is changing the nation’s auto industry,” Liu Xueliang, BYD’s Head of Sales Asia-Pacific, told Nikkei Asia.Japan […]
Nearly 3,000 delegates will gather on Tuesday for the annual National People’s Congress (NPC). The difficult economic situation will take center stage. However, few expect any significant reforms or stimulus programs. There have been fewer clear signals in the run-up to the NPC than there have been for a long time – and what is […]
Due to forced labor concerns, parts of the international solar supply chain have shifted from China to other countries. For example, polysilicon manufacturers like Wacker in Germany, Hemlock Semiconductor from the US and OCI Malaysia have all increased their deliveries of this solar cell and semiconductor raw material to Vietnam, according to polysilicon market specialist […]
In China, the clashing goals of resolute climate action and the continuing hunger for coal are coming to a head. Last year, the People’s Republic deviated from its carbon targets for the first time in years – partly because coal consumption rose by 4.4 percent in 2023.The complex issues of climate action and energy security […]
