61 h. ago China’s subsidy change adds to EV makers’ stress as more buyers consider petrol cars

Growth momentum in the mainland car market may shift from battery-powered to petrol-based models this year on account of a revised subsidy policy, exacerbating a bearish profit outlook for the country’s 50-odd electric vehicle (EV) builders. Slower growth in EV adoption would deal another heavy blow to assemblers from BYD to Leapmotor, which are known for low-priced cars, after big-name international banks reduced forecasts for car deliveries this year. “Petroleum-powered cars will regain market...

Politics

5 d. ago North China farmers pay heavy price this winter for Beijing’s clean air success

In the daytime the temperature in northern China often stays below freezing, but for many rural villagers the prohibitive cost of heating means that they have little choice but to endure the cold. “We dare not turn on the heating during the day,” one woman from Guan county in Hebei named Wang said. The 75-year-old’s home is around 70km (43 miles) from the centre of Beijing, but running the heating all day would cost between 60 and 90 yuan (US$8-13), an expense that could soar over the course of...

Society

5 d. ago How Beijing’s clean air success left China’s rural farmers in the cold

How Beijing’s clean air success left China’s rural farmers in the cold  South China Morning Post

Society

1 week ago Singaporeans in viral petrol refuelling video surrender to Malaysian police

The man who went viral for allegedly refuelling a Singapore-registered car with subsidised RON95 petrol at a fuel station in Johor has come forward, Malaysian police said on Monday. Kulai Assistant Commissioner Tan Seng Lee said that the 63-year-old man and his 67-year-old wife arrived at the Kulai police headquarters to assist with the investigation. “The investigation paper is still being processed and will be referred to the deputy public prosecutor as soon as possible for further...

Events

1 week ago Couple from Singapore surrender to Malaysian police over refuelling case

The man who went viral for allegedly refuelling a Singapore-registered car with subsidised RON95 petrol at a fuel station in Johor has come forward, Malaysian police said on Monday. Kulai Assistant Commissioner Tan Seng Lee said that the 63-year-old man and his 67-year-old wife arrived at the Kulai police headquarters to assist with the investigation. “The investigation paper is still being processed and will be referred to the deputy public prosecutor as soon as possible for further...

Events

3 w. ago Beijing Is Cleaning Up Its Petrol Car Market at the Expense of Other Countries

Beijing Is Cleaning Up Its Petrol Car Market at the Expense of Other Countries  Служба зовнішньої розвідки України

Politics

3 w. ago Beijing Jingneng Clean Energy Details Board and Committee Composition

Beijing Jingneng Clean Energy Details Board and Committee Composition  TipRanks

Politics