BYD, Tesla, Li Auto and Nio have incentives to bolster sales on top of a state subsidy, at a time competition is so fierce only 3 carmakers are said to be profitable
Climate experts have warned that continued investments in fossil fuels will create the risk of assets worth $557 trillion being left useless by 2050
Workers at the site, which was to be BYD's first EV factory outside of Asia, faced forced labour, long working hours, and sleep deprivation caused by inadequate housing conditions
Top-selling Japanese carmaker will produce its luxury car brand Lexus at a new plant in Shanghai, Nikkei business daily says
The merger of the two storied Japanese brands underlines the threat Chinese EV makers now pose to some of the world's best known car makers
Taipei is looking to build communications resilience to prepare for the possibility of a Chinese invasion, similar to Ukraine's use of Starlink satellite broadband service
The carmakers’ discussion on a merger is the clearest sign yet of how Japan's once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.
Japanese officials are abandoning past goals of cutting back reliance on nuclear power, and planning to develop ‘next-generation reactors’
Trump’s transition team is recommending to strengthen measures blocking cars, components and battery materials from China
The dramatic change in the Arctic’s role as the planet’s net absorber of carbon dioxide was brought on primarily by an increase in wildfires over many decades
Indian clean energy firms will only be allowed to use locally-made solar cells from approved companies in state projects from June 2026, the government has said
The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza. They expect to start making batteries by the end of 2026.