EU votes to impose hefty tariffs on Chinese EVs, but says it will continue to talk with Beijing; a possible compromise could be arranged by setting minimum sales prices

The European Commission looks to have gathered enough support for its planned tariffs to go through, despite pushback from major automakers and key bloc members

Hybrid vehicles drove the sales surge at top Chinese EV brands, in keeping with larger global car-buying trends

Technical talks with China had intensified to an almost daily basis and could extend beyond the end of October, a top European Commission official said

Battery-electric vehicles accounted for 8% of new vehicle sales in June and July of this year, while overall auto sales are set to drop 12% this month

Power demands of the likes of Apple, Amazon, Alphabet, Microsoft, Meta and Nvidia is complicating investors' love affair with tech stocks

Tech giants Microsoft, Meta and Google have all made purchases of carbon offsets in the Amazon rainforest this year

Trade minister says the country wants to undertake reform and open up market access for Indonesia's economy

China and EU have both vowed to intensify efforts to avert the tariffs, amid concerns that could trigger a 'trade war' between the economic powerhouses

The planned tariffs, if approved by the EU's 27 members, will potentially raise prices for consumers at a time when the region's EV sales have plunged 44%

Investors were playing the waiting game on Wednesday with the odds shortening on a sizeable US interest rate cut later in the day

The sector leader says its new Tianxing-B power pack will last 15 years and will be rolled out with the likes of Dongfeng, Golden Dragon and Yutong Bus