The German trade group’s findings follow dire statements from European and American chambers of commerce in China this year on the second-largest economy’s investment climate. Lack of orders remains the …
Punitive tariffs on Chinese-made electric vehicles (EV) by the Biden administration are likely to deter BYD, Zhejiang Leapmotor and local peers from pushing their sales in the US, even as …
Electric vehicles (EVs) are expected to reach cost parity with conventional cars by 2028, as the rapid development of battery technologies and carmakers’ efforts to cut prices boost adoption, according …
A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec. 15, 2023. Chinese cities have promised subsidies and other incentives to prop up the …
New Delhi: Hero Electric scooter company Hero Electric has approached the Punjab and Haryana High Court seeking relief from recovery of subsidies availed under the government’s flagship scheme to promote …
Von der Leyen is also unequivocal, though her primary concern is the threat of China’s electric vehicles (EVs). “Global markets are now flooded with cheaper Chinese electric cars. And their …
US Treasury Secretary Janet Yellen has just been to China to complain about its overcapacity, subsidies and dumping in the global market. Plainly, this attack is aimed at justifying America’s …
Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees …
Subsidy investigations started by the European Union interfere with the mutually beneficial cooperation between China and Europe, and China resolutely opposes them, a Chinese commerce ministry official said. Wong Yu …
The Biden administration plans to announce it is awarding more than $6 billion to South Korea’s Samsung next week to expand its chip output in Taylor, Texas, as it seeks …