The deal, expected late this month, will take CYVN's shareholding to 20.1% of Nio's total shares, the carmaker said in a statement

Panel production costs in the world's largest producer of solar energy have declined a whopping 42% from year ago, dropping as low as 15 cents per watt

Bilateral pacts cover possible investments in rail links, security, plus telecoms and digital data, but analysts said any boost in ties could be more symbolic than real

The deal – hailed as "historic" by some, and slammed as "soft" by island nations – is the first global agreement that promises an eventual end to the use of oil and coal

Industry ministry said on Monday EVs should have a driving range of at least 200 kilometres per charge to be eligible for purchase tax exemption from 2024

The manufacturing hub by the South China Sea is increasingly a key assembling link in supply chains that rely on Chinese parts and US consumers

Every facet of electric vehicles and EV batteries is being assessed by carmakers around the world keen to produce EVs that can compete with China's cheap EV models

Chinese President Xi Jinping will meet with European Council President Charles Michel and European Commission President Ursula von der Leyen

Car giant aims to have six new EV models in Europe by 2026, and also has a unit looking at hydrogen trucks and cars

The pledge by over half the world's countries to triple renewable energy was perhaps the most positive news at COP28 on Saturday

The US will give $3 billion to the Green Climate Fund, sources said Saturday. The fund helps poor countries lower emissions and transition to clean energy

Organisers are keen to generate goodwill before talks on the future of fossil fuels; fund would help poor nations cope with the cost of climate damage from drought, floods and rising seas