The time has come: On Feb. 1, China will enter the long-planned and repeatedly postponed emissions trading. It is true that trading certificates on the Shanghai Environment and Energy Exchange will only start this summer. But the legal framework for the system is now coming into force. The reporting authority for participating companies in Wuhan […]
Foxconn doesn’t build cars but smartphones for Apple or components for computers. Until now. Now the electronics company from Taiwan follows other technology companies into the Chinese EV market. Foxconn signed a partnership with two car companies within a few days. In early January, the iPhone contract manufacturer announced a collaboration with stumbling electric start-up […]
In the past year of Covid, China has also become a lifeline for Volkswagen. VW sold around 3.85 million cars of the various group brands in mainland China and Hong Kong in 2020, with about 9.1 percent fewer vehicles than in 2019. But this decline was far more lenient than elsewhere: Globally, VW was down […]
It was a milestone – even if the world only got to see a picture of a beige control room: At the end of November, the first modern Chinese nuclear reactor went online at the Fuqing nuclear power plant on the East China Sea. Hualong One HPR-1000 is the name of the pressurized water reactor […]