Chinese automakers stand out at Geneva

At the 2024 Geneva Motor Show which concluded on Sunday, Chinese automakers, driven by a desire to expand their global presence, showcased products and technologies and took the spotlight at one of Europe’s premier auto shows. SAIC Motor’s MG and IM brands showcased 10 electric models, including world premieres of the IM L6 sedan and […]

Xi vows to strengthen economic recovery after ‘tough’ year

BEIJING – Chinese President Xi Jinping pledged to strengthen economic momentum and job creation, acknowledging that some companies and citizens had endured a difficult 2023 in a rare admission of domestic headwinds facing the country.While China’s most-powerful leader since Mao Zedong used his annual New Year address to trumpet his nation’s achievements, he also conceded […]

China Power Engineering Group Sees Enormous Renewable Energy Potential In The Philippines

A representative from China Power Engineering Consulting Group Co., Ltd. (CPECC) highlighted the Philippines’ significant potential in renewable energy (RE) during the Philippine Renewable Energy Forum 2023. CPECC General Manager Chen Jiping emphasized that the Philippines possesses substantial untapped wind and solar energy resources. The forum centered on advancements in cutting-edge technologies in the RE […]

Can anyone challenge China’s EV battery dominance?

Designed to look like its lithium-ion cells, CATL’s headquarters towers over its surroundings in Ningde, eastern China. The group’s low-cost batteries, which power one in three electric vehicles worldwide, have made the coastal city a must-visit destination for any auto executive thinking about affordable next-generation cars. Its 18,000 research staff, along with an R&D budget […]

China pushes to dominate trading in clean energy metals

China is making a push to dominate the trading of lithium carbonate futures, as it seeks to wrest the financial plumbing linked to metals vital to the clean energy revolution away from the western dollar-based financial system. Last month the Guangzhou Futures Exchange became the fourth global commodities exchange to launch contracts tracking the price […]

The new commodity superpowers

The red-brown landscape of Tenke-Fungurume, one of the world’s largest copper and cobalt mines in the Democratic Republic of Congo, is covered by tens of thousands of dusty sacks. The bags stacked up by the roadside and piled next to buildings contain a stash of cobalt hydroxide powder equivalent to almost a tenth of the […]

China joins global hunt to diversify mineral supplies: IEA

TOKYO — China’s dominant position in refining and processing raw materials is making the nation a strong competitor in the global fight for mining assets, the International Energy Agency said on Tuesday, as governments and companies rush to diversify supply chains for critical minerals and stably meet demand for key clean technologies including renewables and […]