Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging by 55% amid protracted price-war and pressure from hybrids

China says excess capacity claim is groundless and should be viewed from a global perspective and that its trade in key green sectors is based on innovation and complete supply lines

US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine

The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her week-long trip to China

China's factory production is more than the global market can bear, Yellen said in meetings on Friday at the start of her six-day visit to China

US Treasury Secretary is seen as an 'effective' trade emissary, but Beijing is not expected to put the brakes on its 'new productive forces' - EVs, batteries and solar - because of Western angst

China's huge solar sector faces consolidation this year but its top players are likely to survive, while prices stay low because of massive oversupply for the global market

With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand for gasoline (petrol) is predicted to peak by 2025

Scientists say successfully sustaining nuclear fusion can potentially create unlimited energy without the burden of carbon emissions

Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its unit with Germany's Volkswagen, plus half the staff at its Rising Auto EV unit

BYD has set back plans for an EV factory in Vietnam, while CATL has said solid-state batteries are problematic and have safety issues

A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments for Russian oil