Tags: China

Elon Musk lays foundation of $7 billion Tesla Gigafactory plant in China

The US electric car maker Tesla CEO Elon Musk on Monday laid the foundation of a $7 billion plant in Shanghai, becoming the first company to benefit from a new Chinese policy of allowing foreign vehicle manufacturers to set up wholly-owned subsidiaries in the Asian nation. Till now, foreign automakers in China were required to forge joint […]

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China only undertaking run-of the-river hydropower projects on Brahmaputra: Govt

India has consistently conveyed its concerns over the Brahmaputra river to China and urged the country to ensure that interests of downstream states are not harmed by any activities in the upstream areas, the government informed the Lok Sabha on Thursday. Minister of State for Water Resources and River Development Arjun Ram Meghwal was replying […]

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India has more e-rickshaws than China’s e-vehicles fleet

An electric-vehicle revolution is gaining ground in India, and it has nothing to do with cars. The South Asian nation is home to about 1.5 million battery-powered, three-wheeled e-rickshaws – a fleet bigger than the total number of electric passenger cars sold in China since 2011. But while the world’s largest auto market dangled significant […]

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Nepal to award 1,200 MW hydroelectric project to Chinese company

Nepal has revived a deal with a Chinese state-owned firm to construct a USD 2.5 billion hydroelectric plant, that had been scrapped by the previous government, officials said. Prime Minister K P Oli’s governemnt last week decided to hand over the Budhi Gandaki Hydropower Project, to the China Gezhouba Group Corporation (CGGC), reversing the former […]

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China mulls exit from Nepal’s Seti hydropower project

Citing high resettlement and rehabilitation costs, China is planning to make an exit from 750-megawatt West Seti hydropower project in Nepal, reported the South China Morning Post quoting sources in Kathmandu. A high-level delegation from CWE Investment Corporation, a subsidiary of China Three Gorges Corporation that had undertaken to execute the project in a memorandum […]

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Nissan Sylphy Zero Emission China focused electric car launched

The Nissan Sylphy Zero Emission, the first Nissan electric car made for China, has begun rolling off the production line. The start of production by Dongfeng Nissan Passenger Vehicle Co. (Dongfeng Nissan), Nissan’s joint venture with Dongfeng Motor Group Co., Ltd., coincides with another milestone: The companies have built 10 million vehicles in China since […]

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China dominates Europe’s wind energy market: IEEFA

China’s investment in foreign wind energy electricity markets has surpassed $12 billion in Europe and Australia alone as private and state-owned Chinese companies move aggressively to capitalise on fast-growing renewable energy markets, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday. Most of the wind investment activity has been in Europe. “China […]

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US solar tariffs violate trade rules says China, lodges complaint at WTO

China’s commerce ministry said a U.S. decision to subsidise renewable energy firms and impose tariffs on imported products has seriously distorted the global market and harmed China’s interests, firing the latest shot in a broader trade conflict. China has lodged a complaint to the World Trade Organisation to help determine the legality of the U.S. […]

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