CHINESE CLEAN TECH EXPORTS
VIEW: Cues on the critical need to support India’s solar and renewable energy industry NDA 3.0 aims to revitalize India’s economy with a focus on clean energy in the 2024-25 budget. Priorities include policy continuity, fiscal incentives, and significant investments in renewable technologies, particularly solar. By allocating 5-10% of...
12 Jul, 2024, 04.09 PM ISTMilestone Moment: First commercial lithium production with new filtration tech begins in Utah International Battery Metals (IBAT) achieves breakthrough lithium production in Utah with a water-efficient DLE method. Producing 5,000 tons annually, it targets varied deposits like China's and recycles over 98% of water from the Great Salt Lake.
11 Jul, 2024, 11.31 AM ISTEU slaps Chinese electric cars with tariffs of up to 38% The European Union imposed provisional duties of up to 38 per cent on Chinese electric car imports due to alleged unfair state subsidies, sparking concerns of a trade war. The move was criticised by China as "politically motivated" and "protectionis...
04 Jul, 2024, 06.16 PM IST- ADVERTISEMENT
Chinese premier calls for international AI cooperation Chinese Premier Li Qiang on Thursday called for global cooperation and a more open mindset in artificial intelligence, as a rivalry between Beijing and Washington heats up in the nascent tech field. Chinese Premier Li on Thursday urged countries to ...
04 Jul, 2024, 10.51 AM ISTUS, Japan, South Korea vow strategic cooperation to boost security, economies Commerce and trade ministers from the U.S., Japan, and South Korea agreed to cooperate on AI safety, export controls, clean energy, and semiconductor supply chains. U.S. Commerce Secretary Gina Raimondo emphasized the importance of collaboration for...
27 Jun, 2024, 06.44 AM ISTElectric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobility Domestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Maruti Suzuki is set to export its first electric SUV to Europe, Hero MotoCorp is launching its VIDA V1 electric...
25 Jun, 2024, 05.30 AM ISTChina’s exports surge more than expected in boost for economy Beijing is relying on sales abroad to offset weak consumer spending at home, where a real estate slump has led households to tighten their belts.
07 Jun, 2024, 10.00 AM ISTChina risks trade war on two fronts as low-tech exports soar, too Rising trade tensions as the EU, US, and potentially Canada impose tariffs on Chinese electric vehicles, are impacting global trade dynamics.
06 Jun, 2024, 12.17 PM ISTBelieve it or not: Even in Saudi Arabia, renewable power is cheaper than fossil fuels Saudi Arabia has signed deals to purchase electricity from two large-scale wind farms at record-low prices, cheaper than natural gas plants. The kingdom aims to shift rapidly to a larger share of renewables in the power grid, with the goal of genera...
23 May, 2024, 01.53 PM ISTIf Modi is re-elected, these sectors will get his most attention Prime Minister Narendra Modi has pledged to propel India to become the world's third-largest economy if re-elected for a third term. His ambitious 100-day agenda post-election includes prioritizing manufacturing, new-age technology, infrastructure d...
22 May, 2024, 02.22 PM ISTThe White House’s green trade war is just getting started The latest US actions reflect a strategic shift in trade policy and considerations of carbon dumping, EU engagement, and national security implications.
15 May, 2024, 09.50 AM ISTUS to impose sanctions on Chinese banks for assisting Russia in Ukraine war US State Secretary Antony Blinken, during a meeting with Chinese President Xi Jinping last month, urged Beijing to end military support for Moscow. Earlier in December, US President Joe Biden gave the Treasury Department authority to impose secondar...
11 May, 2024, 08.00 PM ISTTariffs and timidity are driving US carmakers into a ditch Biden's Inflation Reduction Act aims to boost the economy and shift to zero-emission cars. Ford, GM struggle with EV targets. Tesla cuts workforce, US EV sales rise modestly. Biden plans tariffs on Chinese clean tech, facing challenges ahead.
11 May, 2024, 04.12 PM ISTChina’s factory glut alarms the world but there’s no quick fix Complaints about China's factory overcapacity are growing, but Beijing is hesitant to make changes that could harm its fragile economy. The EU criticized China for overproduction, urging action in the short term. China announced plans to slow expans...
09 May, 2024, 09.47 AM ISTChina’s EV and solar exports are powering ahead as prices slide All these numbers show why China’s factory capacity has quickly become the key faultline in a polarizing global economy.
01 May, 2024, 10.02 AM ISTEU lawmakers back law to boost domestic clean tech production The act is a centrepiece of the EU's push to ensure it is not only a global leader in cutting greenhouse gas emissions, but also in manufacturing the clean tech required.
25 Apr, 2024, 07.15 PM ISTChinese exports are threatening Biden's industrial agenda Americans are not alone in their complaints about China's new tide of exports. European leaders have raised similar concerns.
19 Apr, 2024, 09.44 AM ISTUS blacklists four Chinese tech apps for helping military in China Amid US-China tensions, the US blacklisted four Chinese companies for supplying AI chips to China's military. China denied the allegations, leading to export restrictions on advanced technology. The situation reflects the intricate US-China geopolit...
13 Apr, 2024, 10.40 AM ISTChinese economy to moderate in 2024: ADB The Chinese economy is expected to grow by 4.8% in 2024, driven by a recovery in household consumption, ongoing property market adjustments, and weak external demand, according to the Asian Development Bank (ADB). However, growth is projected to mod...
12 Apr, 2024, 09.00 AM ISTEurope wary of clean-tech protectionism on green-transition cost Negotiators are set to conclude talks Tuesday on the Net Zero Industry Act — the EU’s answer to the US’s Inflation Reduction Act — that aims to ensure that the region’s energy transition isn’t accompanied by a mass flight of the critical industries ...
06 Feb, 2024, 10.08 AM IST