The global NEV (New Energy Vehicle) landscape may experience an important transformation
The Chinese government has announced clear plans to raise NEV sales to 20% of the automotive market by 2025, and 50% by 2035, and as time goes on, these look more and more…
Chinese jabs aid Latin America vaccination campaign
This mirrors trends in global health, where we are seeing increased Chinese dominance as a health power. American manufacturers have signed deals to supply Latin American nations with vaccines in the future, but…
Clean tech: The last green energy boom turned to bust
One area of particular concern is the sheer number of clean tech startups taking advantage of special-purpose acquisition companies, which have grown increasingly popular on Wall Street. These “blank check” firms get funding…
First chips, and now automakers face a new shortage: rubber
Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage are now confronting another supply chain headache: dwindling rubber supplies. Dwindling rubber supplies Automakers struggling with pandemic-induced plant shutdowns and a global…
Alibaba: Antitrust penalty won’t bring ‘material negative impact’
The State Administration for Market Regulation on Saturday announced a fine worth 18.2 billion yuan ($2.8 billion) against Alibaba for abusing its dominant position over rivals and merchants on its e-commerce platforms. Alibaba…
China Approves Merger of Chemical Giants, Creating $150 Billion Company
China approved a merger between the country’s top two chemical companies, paving the way for another supersize state-run enterprise that Beijing hopes will become a dominant global player. The combination, which has been…