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Climate change
Renewable energy
China’s carbon neutral goal
Sustainability
VW plans to reduce its Gotion holdings to 19 per cent by selling 96 million shares to an investment firm controlled by the Hefei government. Photo: AP
Electric & new energy vehicles

VW, Gotion deepen ties with US$3.7b commitment to EV battery production

Gotion will invest about €1.6 billion to build three manufacturing facilities in Spain, Slovakia and Morocco, with VW putting in a similar amount.

Electric & new energy vehicles

China’s Nio and Geely deepen commitment to EV battery swapping tech

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ESG investing

Hong Kong tycoon-backed firm challenges energy-storage giants with new battery

Electric & new energy vehicles

China’s EV and battery makers tussle over lithium-ion tax: sources

Squeezed EV makers object to eating the cost, and negotiations on splitting the tax continue weeks after its official resumption, sources say.

People view CATL battery modules during the 2026 Beijing International Automotive Exhibition, in Beijing on April 24, 2026. Photo: VCG via Getty Images
People view CATL battery modules during the 2026 Beijing International Automotive Exhibition, in Beijing on April 24, 2026. Photo: VCG via Getty Images
China exports

China has scrapped two-thirds of its planned coal power plants abroad: report

The cutbacks have saved 6.4 billion tonnes of potential carbon emissions, though campaign’s momentum slowed last year, report finds.

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Electric & new energy vehicles

Chinese EV battery giant CATL starts trial production in Hungary

Analyst says development could see it secure massive orders from global marques such as BMW and Volkswagen.

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CATL

Despite stock stress, CATL set to retain EV battery dominance in China: analysts

CATL’s tech edge and brand safeguard its EV battery lead, though carmakers are seeking alternative suppliers.

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An advertisement for CATL is displayed on Nanjing Road in Shanghai on July 14, following the launch of its new ultra-fast EV battery. Photo: Getty Images
An advertisement for CATL is displayed on Nanjing Road in Shanghai on July 14, following the launch of its new ultra-fast EV battery. Photo: Getty Images
Business of climate change

Exclusive | Beijing freezes plant approvals for energy-storage batteries

‘Dozens of new projects in the pipeline sparked policymakers’ fears about redundancies,’ analyst says.

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Business of climate change

‘Misunderstandings’ arise: Chinese energy firms call for stable rules overseas

Sungrow, EVE Energy say bans, probes and shifting rules abroad expose the fragility of their long-term energy investments.

Banking & finance

Chinese firms’ green-tech expansion hinges on Hong Kong: bankers

Offshore yuan liquidity makes city a ‘superconnector’, but finding projects with strong returns is now the challenge, senior bankers say.

A view of Hong Kong Island from the waterfront of West Kowloon Cultural District on September 7, 2026. Photo: Sam Tsang
Electric & new energy vehicles

Why are EV battery makers’ profits nearly double that of industry’s carmakers?

Leading electric vehicle battery makers’ profits by far outpace the industry’s carmakers in first half.

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An advertisement for CATL is displayed on Nanjing East Road in Shanghai on July 14. Photo: Getty Images
An advertisement for CATL is displayed on Nanjing East Road in Shanghai on July 14. Photo: Getty Images
Banking & finance

Transition boost: new platform funds emerging-market clean energy upgrades

World may need up to US$20 trillion over five to eight years to build or upgrade renewable energy facilities, HSBC executive says.

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Business of climate change

Green lift: Hong Kong widens finance taxonomy to spur transition capital

As Green Week kicks off, the HKMA expands its finance taxonomy to channel capital into projects that build climate resilience.

PetroChina

PetroChina’s first-half profit jumps 22% despite Iran war oil supply crunch

As LNG and EV adoption bite into traditional fuel sales, higher global crude prices help the state-backed giant deliver strong earnings.

The PetroChina logo is displayed on a smartphone screen. Photo: Shutterstock
Electric & new energy vehicles

Chinese battery giant CATL spreads investments in search of new growth drivers

World’s largest producer of lithium-ion batteries for EVs and energy storage systems has committed over 17 billion yuan to non-battery deals.

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A CATL advertisement in Shanghai last month following the launch of an ultra-fast EV battery. Photo: NurPhoto via Getty Images
A CATL advertisement in Shanghai last month following the launch of an ultra-fast EV battery. Photo: NurPhoto via Getty Images
China energy security

China’s CNOOC rakes in record first-half profit on high oil prices amid Iran war

China’s largest offshore oil and gas producer saw net profits jump over 23 per cent in the first half amid turbulence in the Middle East.

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Banking & finance

Asia’s super-rich are ‘going all in’ on sustainability as impact investing grows

Asian family offices putting more funds into sustainability projects – and adopting ‘systems-level’ approach to make greater impact, survey finds.

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China energy security

China sends airborne wind turbine up 4,000m to generate power

The craft, developed by a Chinese start-up, uses winds at high altitude to produce electricity.

The S4000 craft. Photo: CCTV
The S4000 craft. Photo: CCTV
CATL

CATL debuts e-commerce hub for direct sales to small buyers as rivalry sharpens

The platform allows for direct online sales to smaller energy storage buyers.

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Artificial intelligence

In Focus | Once known for livestock, a rural Chinese city pivots to AI super units

Fueled by cheap wind power and a cool climate, Inner Mongolia’s Ulanqab is turning energy produced in its pastureland into power for the AI boom.

Electric & new energy vehicles

After gaining EV sway, Chinese carmakers eye full hybrid market

Chinese EV leaders are pushing into full-hybrid tech to challenge industry titans on mainland and abroad.

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Technicians work at a Geely Auto plant in Zhejiang province. Photo: Getty Images
China energy security

China eyes peak oil demand by 2030 amid pipeline increase, smart rig tech plan

Beijing’s peak-oil plan pairs an expansion of China’s network of pipelines with 15-km-deep drilling rigs.

A liquified natural gas storage tank at Rudong port in Nantong, Jiangsu province. Photo: Reuters/File photo
A liquified natural gas storage tank at Rudong port in Nantong, Jiangsu province. Photo: Reuters/File photo
China energy security

China’s five-year plan for its oil and gas sector

Beijing has set a target of raising domestic oil and gas supply by 5 per cent by 2030 as part of its broader push for energy security.

ESG investing

Delayed shocks: a third of AIIB sovereign borrowers risk downgrades over climate

Delayed physical impacts to hit economies by 2050 without stronger climate policies, says Beijing-based multilateral lender.

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Banking & finance

Reduce your exposure to US assets before they lose value, Swiss bank warns

Swiss private bank says structurally high inflation and government deficits will erode value of US dollar and Treasuries over the next decade.

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A broker works on the floor of the New York Stock Exchange. Photo: AP
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