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Climate change
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China’s carbon neutral goal
Sustainability
A CATL battery display at Auto China in Beijing in April. Photo: Reuters
Electric & new energy vehicles

Price war fallout: China imposes 60-day payment cap for energy storage sector

China enforces stricter payment rules for EV and energy storage batteries in a bid to curb disorder and build a resilient supply chain.

Mainland China

Brazil eyes China ties to boost green investments and aid low-carbon transition

CATL

China’s CATL bets big on sodium-ion batteries amid lithium volatility

Finland

Energy security fears drive global surge in orders for Chinese storage firms

In the first two weeks of June, Contemporary Amperex Technology Co Limited (CATL) bagged a combined 5.4 GWh of storage orders.

Envision’s logo appears on its building in Ordos, Inner Mongolia Autonomous Region, China, June 12, 2026. Photo: Reuters
Envision’s logo appears on its building in Ordos, Inner Mongolia Autonomous Region, China, June 12, 2026. Photo: Reuters
CATL

China leads charge in energy storage, powered by battery progress

Battery-based grid storage is set for 150 per cent growth in China, as Beijing prioritises energy security and firms eye global markets.

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Business of climate change

Abu Dhabi to tap Chinese tech to scale up green economy, energy chief says

China and Abu Dhabi ‘should move faster, collaborate deeper and scale together’, says the chairman of the emirate’s energy department.

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China trade

China’s BYD challenges iconic auto giants as hybrid demand surges in Germany

A three-fold jump in BYD’s German registrations highlights shift towards lower-tariff models, as company chairman says ‘the worst is over’.

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A hybrid vehicle is seen at a BYD showroom in Beijing earlier this year. The Chinese company’s hybrid models are selling increasingly well in Germany. Photo: AP
A hybrid vehicle is seen at a BYD showroom in Beijing earlier this year. The Chinese company’s hybrid models are selling increasingly well in Germany. Photo: AP
HKEX

Hong Kong emerges as top listing hub for global tech firms, HKEX says

Exchange will review listing rules introduced since 2018 to consolidate its competitiveness in the global fundraising market.

China stock market

Red-chip listing to make Chinese green power producer Shenzhen’s biggest IPO

Wind and solar producer plans multiple projects amid China’s push to deepen its insulation from global oil-shock pressures.

China energy security

Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns

Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed.

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An oil pumpjack is seen in the US state of North Dakota. The US-Israel war on Iran has upended global oil markets, with stockpiles likely to fall to “critical levels” by summer, according to the International Energy Agency. Photo: AFP
China trade

‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis

Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.

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A container ship is moved into position at a port in China’s eastern Shandong province. Photo: AFP
A container ship is moved into position at a port in China’s eastern Shandong province. Photo: AFP
CATL

CATL set to boost global energy storage with world’s largest testing facility

The firm says it has completed a 3 billion yuan research facility for testing energy storage systems.

HKEX

Open Questions | Charles Li on making Hong Kong a magnet for global IPOs

As HKEX CEO, Charles Li forged Stock Connect link to mainland markets. He says an ‘IPO connect’ could draw international companies to list in Hong Kong.

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Banking & finance

Tech edge to boost Chinese firms’ overseas revenues to record high: UBS

Carmaking, power supply chains at forefront of China’s go-global expansion, driven by rising technological competitiveness, Swiss bank says.

UBS expects China’s power and car supply chain sectors to outperform. Photo: EPA
Business of climate change

Middle East tensions complicate Beijing’s push to curb China solar overcapacity

Energy-security fears are slowing Beijing’s solar capacity cuts, deepening a ‘fight to the death’ among manufacturers trapped in a price war.

Workers inspecting solar panels on the rooftop of a power plant in Fuzhou, Fujian province. Photo: AFP
Workers inspecting solar panels on the rooftop of a power plant in Fuzhou, Fujian province. Photo: AFP
China manufacturing

China told the solar industry to cut capacity. Firms built new factories anyway

Beijing has been striving to rein in severe overcapacity in the solar industry. But the sector is still plagued by illegal facilities, an insider says.

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China technology

AI gives China ‘God’s-eye view’ of green sector as data-centre demand booms

Alibaba and Peking University map nation’s extensive green-energy sites – a move that could help stabilise national grid amid surge in computing-power needs.

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Electric & new energy vehicles

China’s Chery plans for 1m EVs sold abroad amid global energy crisis

Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.

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Employees work on a factory production line for Chery’s electric vehicles in China’s Anhui province. Photo: Reuters
Employees work on a factory production line for Chery’s electric vehicles in China’s Anhui province. Photo: Reuters
Electric & new energy vehicles

AI | China’s Ganfeng secures orders amid surge in demand for energy storage, AI boom

Company says its orders are booked through the first half of 2027 as it plans to increase production volume by 50 per cent next year.

Electric & new energy vehicles

Global growth of pure EVs faces hurdles in insurance, charging gaps: BNP Paribas

Charging limits and rising insurance costs could slow the global march of pure electric vehicles, BNP Paribas tells Hong Kong conference.

Banking & finance

Resilient economy lifts Chinese banks, but property debt drags, experts say

Steady growth and stabilising China-US ties support banks, with PBOC expected to keep rates steady, according to economists.

There is a high probability China will meet its annual growth target of 4.5 to 5 per cent, according to an economist. Photo: EPA
Business of climate change

Solar glass: Australia-China joint venture to set up in Hong Kong

With help from InvestHK, ClearVue and mainland partner choose city as base for effort to make power-producing glass for building facades.

A view of Hong Kong’s Wan Chai district on January 17, 2025. Photo: Edmond So
A view of Hong Kong’s Wan Chai district on January 17, 2025. Photo: Edmond So
Electric & new energy vehicles

Peugeot, Jeep take on Chinese rivals with new models using local EV tech

Peugeot and Jeep are following in the footsteps of Hyundai Motor’s Ioniq to regain lost ground in mainland China.

Electric & new energy vehicles

Oil shock fuels BEVs to 9 of top 10 in sales, with China brands overtaking Tesla

Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts.

Electric & new energy vehicles

Tesla lures budget-conscious Chinese buyers ahead of state visit by Trump

US President Donald Trump’s entourage for his three-day trip to China includes Tesla CEO Elon Musk and Tim Cook of Apple.

People walk past a Tesla showroom inside a shopping mall in Chongqing, China, on June 23, 2025. Photo: Getty Images
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