The Chinese leader was responding to an investigation Brussels launched last year into Beijing’s electric vehicle subsidies. More recently the European Commission has announced a probe into state support for Chinese wind turbines being pitched for European generation projects, which followed similar checks on rail and solar projects. He told Scholz, who was in China … Read more
Kyiv has been pleading with its Western allies for additional military supplies, including more Patriot missile batteries. Western support has weakened in recent months, with a major American aid package held up by partisan bickering in the U.S. Congress. “This is a real manifestation of support for Ukraine at a critical time for us,” Zelenskyy … Read more
“We’ve been clear with China that we see Russia as gaining support from goods that China, Chinese firms are supplying to Russia,” Yellen told journalists in Guangzhou. “Neither of us want this to be an issue with our bilateral relationship. So we’re working together,” she added. Since Russia’s invasion of Ukraine began, Beijing’s ties with … Read more
Dollarama customers who purchased products subject to an eco fee — such as batteries, electronics, light bulbs or toys with batteries — may be eligible to claim a gift card. The Montreal law firm of LPC Avocats Inc., announced Tuesday that the proposed national settlement has been reached in a class-action lawsuit about prices advertised and charged by Dollarama … Read more
Wang said the global economy is like “a big ocean that cannot be cut into isolated lakes,” adding: “The trend toward economic globalization cannot be reversed.” On the sidelines of the Munich conference, Wang met with U.S. Secretary of State Antony Blinken in a meeting that was as “candid, substantive and constructive,” according to a … Read more
Tesla will expand battery production in Nevada, opening a small facility using idle equipment from China’s Contemporary Amperex Technology, according to people familiar with the matter. The carmaker plans to buy machinery from CATL, as the battery maker is known, and install it in the city of Sparks, said the people, who asked not to … Read more
The 2024 budget was delayed after Germany’s constitutional court in November blew a €60 billion hole into the country’s finances, forcing the ruling coalition of Social Democrats (SPD), Free Democrats (FDP) and Greens to cut spending, triggering infighting among parties. The debt brake, combined with the court’s ruling in November — which restricted use of … Read more
Honda Motor Comoany is considering building an electric vehicle plant in Canada in a near 2 trillion yen ($13.83 billion) project that could possibly include in-house production of batteries, Japan’s Nikkei newsgroup reported on Sunday. The project could be one of Honda’s largest investments, the report said. The Japanese automaker is looking at multiple potential … Read more
Well, here we are folks, at the end of another turbulent year. When we put this list together at the end of 2022, its contents largely covered something many of us thought we would not see again in our lifetime: a major war in Europe. Now, we are grappling with two wars in our immediate … Read more
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Lithium batteries, the current industry standard, can be ticking time bombs. They’re expensive, environmentally unfriendly, and, frankly, potentially … Read more
