World

The world still relies on coal-fired power

Global reliance on coal has yet to put the brakes on. In China, the largest consumer, coal-fired power generation is now much higher than in the past five years. Demand for electricity has ballooned as […]

Business

China’s auto stocks split: BYD down 24%, Ideal up 80%

The divergence between the ups and downs of Chinese auto stocks is intensifying. Shares of BYD, China’s largest new-energy vehicle maker including pure electric vehicles (EVs), are down 24 % from the beginning of 2023, […]

Europe steps up EV protectionism to target China

Protectionism around pure electric vehicles (EVs) is intensifying in Europe. In France, some vehicles produced in Asia, such as MG Motor, the British brand of Shanghai Automotive Group, are expected to be excluded from subsidies […]

Economy

Technology

Japanese companies try to “get out of China” on EV materials

China to tighten graphite export regulations in December, Japan imports more than 80% of its natural graphite from China. Mitsubishi Chemical is considering cooperation with Australian companies that produce graphite in Mozambique and Norway. Japanese […]

Fumio Kishida unveils 17 trillion yen stimulus measures

The measure consists of five pillars. To protect people’s lives from the impact of high prices; Sustained increases in wages, incomes and local economic growth; Promoting domestic investment; Overcoming population decline; To ensure the safety […]

Business

Europe steps up EV protectionism to target China

Protectionism around pure electric vehicles (EVs) is intensifying in Europe. In France, some vehicles produced in Asia, such as MG Motor, the British brand of Shanghai Automotive Group, are expected to be excluded from subsidies [...]
Business

Landcruiser 70 back after 8 years

On November 29, Toyota relaunched the “70” series of the Landcruiser (Land Cruiser), a large SUV, in Japan. This is a classic and popular car that Toyota sold in Japan from 1984 to 2004, and [...]