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Tesla to build Megapack energy storage factory in Shanghai

U.S. carmaker Tesla Inc. announced Sunday that it will build a new factory in Shanghai dedicated to making the brand's energy storage product Megapack, the first such f

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EU countries agree to ban new CO2-emitting cars from 2035

European Union (EU) member states on Tuesday agreed to ban the sale of new CO2-emitting cars by 2035. The decision came after the European Commission and Germany reache

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Brazil floods and landslides kill 54

warnedurgedrains have caused devastating floods and landslides in the coastal areas of Brazils southeastern Sao Paulo state resulting in a death toll of 54 people as of

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Biden: 3 downed aerial objects not linked to Chinese airship

unmannedweekendS. President Joe Biden said Thursday that three unmanned aerial objects shot down over the weekend by the U.S. military were not connected to the Chinese

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China boosts loan support for innovative manufacturing industry

The China Development Bank has stepped up lending support for technological innovation and high-quality development in the manufacturing sector, data showed on Tuesday.

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China to promote consumption, investment for recovery

China vows to launch more measures to promote consumption and encourage investment to accelerate its economic recovery, the country's top economic planner said at a pre

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AU vows to pursue peace despite al-Shabab attacks in Somalia

The African Union (AU) Transition Mission in Somalia (ATMIS) vowed on Saturday to partner with local security forces to pursue peace despite increased attacks by al-Sha

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Prices for electric vehicles continue to soar

Despite the U.S.’s Inflation Reduction act, there’s one sector where prices continue to soar. It’s a product heavily in demand but in short supply – electric vehicles.

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New energy vehicles boost China's recreational travel market

New energy vehicles are adding more impetus to China's recreational travel market, with a host of new models and charging infrastructure networks enabling more people t

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Chinese NEVs look to tap new growth frontier in rural areas

China is leaving no stone unturned in expanding the reach of electric vehicles in the country, with most of the efforts now aimed at tapping the huge market in the coun

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Chinese premier urges support for new energy vehicles

Chinese Premier Li Keqiang on Wednesday called for research into new tax policies to support new energy vehicles (NEVs), according to China Media Group (CMG).During his

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General Motors Q2 profits fall 40% on supply woes, confirms forecast

General Motors reported a big drop in second-quarter profits Tuesday due to the grinding semiconductor shortage, although the automaker confirmed its full-year forecast

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Australia to ban Russian gold imports, give Ukraine more armored vehicles

Australia will provide 34 additional armored vehicles to Ukraine and prohibit Russian gold imports, said Australian Prime Minister Anthony Albanese as he made a surpris

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EU approves end to combustion engine sales by 2035

The 27 member states of the European Union (EU) announced early Wednesday the Commission's plan to ban the sale of vehicles with combustion engines by 2035 in Europe, i

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U.S., allies to meet monthly on arming Ukraine: Austin

The United States and its allies will meet monthly to discuss Ukraine's defense needs, U.S. Defense Secretary Lloyd Austin said Tuesday."Today's gathering will become a

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U.S., allies to meet monthly on arming Ukraine: Austin

The United States and its allies will meet monthly to discuss Ukraine's defense needs, U.S. Defense Secretary Lloyd Austin said Tuesday."Today's gathering will become a

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Guangxi cars were sent to the world by land aircraft carrier

亚太日报 EricOn April 14, luogrong automobile logistics base in Liuzhou city, Guangxi Zhuang Autonomous Region, more than 3,000 cars of various types are waiting to be tran