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Climate change
Renewable energy
China’s carbon neutral goal
Sustainability
A view of the Taipingling nuclear power project in China’s Guangdong Province. Photo: Xinhua
China energy security

China’s vast nuclear power sector now able to build 50 reactors at a time

China has more reactors under construction than the rest of the world combined, as it aims to become a global leader in nuclear power.

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China energy security

Turning point? Clean energy met 100% of world’s new power needs in 2025: report

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Business of climate change

Asia-Pacific firms face credit pressure from Iran war energy shock, S&P says

Electric & new energy vehicles

China’s lithium giant Ganfeng sees profit jump as EV, ESS battery demand soars

The world’s top lithium producer forecasts a strong turnaround as global decarbonisation and AI-driven energy storage fuel demand.

Ganfeng Lithium has forecast an estimated profit of up to 2.1 billion yuan in the three months to March. Photo: Shutterstock
Ganfeng Lithium has forecast an estimated profit of up to 2.1 billion yuan in the three months to March. Photo: Shutterstock
Commodities

Geopolitics to drive Hong Kong mining fundraising amid ‘supercycle’, experts say

Hong Kong could see more mining IPOs as global demand for resources accelerates, though national security issues may slow deals: experts.

IPO

Sigenergy jumps 103% in Hong Kong debut on rising energy storage demand

The Shanghai-based firm’s shares closed at HK$659.50, versus its offer price of HK$324.20 after it raised US$560 million from its IPO.

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Electric & new energy vehicles

How China’s EV battery king CATL powers up profits while EV makers struggle

Consolidation, scale and technology advantages enhance pricing power as firm’s domestic market share hits 18-month high.

The world’s bestselling power battery maker for nine years in a row, CATL in March reported a net profit of 72.2 billion yuan. Photo: Handout
The world’s bestselling power battery maker for nine years in a row, CATL in March reported a net profit of 72.2 billion yuan. Photo: Handout
Energy

China’s energy bosses push for tighter rules as overcapacity bites

Calls for tighter approvals highlight how excess capacity is undermining growth despite global demand tailwinds.

Electric & new energy vehicles

Hyundai spearheads foreign EV comeback push in China with Ioniq brand

South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.

Electric & new energy vehicles

Solid-state battery firms in China and US charged up for IPO run

A trio of battery developers are advancing listing plans as high oil prices and geopolitical tensions boost interest in energy storage.

Geopolitical tensions and elevated oil prices fuel demand for more energy-efficient technologies. Photo: Shutterstock
Electric & new energy vehicles

China amps up battery buildout to ‘10 times US 2025 capacity’

China’s battery expansion plans highlight a widening gap with the US, as renewable energy demand fuels rapid growth in storage systems.

An employee works on the production line at FoxESS, a global leader in the development of inverter and energy storage solutions. Photo: Getty Images
An employee works on the production line at FoxESS, a global leader in the development of inverter and energy storage solutions. Photo: Getty Images
Electric & new energy vehicles

New Energy | Green hydrogen drive may help China reach carbon-neutral goal

Renewable power and government support may slash the costs of green hydrogen production and convince potential users to adopt the fuel.

Electric & new energy vehicles

Tesla outraces China’s BYD in pure electric car sales to regain world’s top spot

Shrinking subsidies, new taxes sap China’s EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.

China energy security

Australia and Japan face jet fuel supply crunch as China cuts exports

Both Australia and Japan are heavily reliant on Chinese jet fuel, but shipments have plunged in recent weeks amid the Iran war.

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Qantas is already raising airfares as Australia faces a jet fuel supply crunch amid the US-Israel war on Iran. Photo: AFP
Business of climate change

Ganfeng Lithium sees surge in battery demand amid China-US energy rivalry

Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.

AI computing and data centre demand are new power consumption drivers, according to Ganfeng Lithium. Photo: Getty Images
AI computing and data centre demand are new power consumption drivers, according to Ganfeng Lithium. Photo: Getty Images
Electric & new energy vehicles

Middle East oil shock jolts EV demand, putting Chinese exports in fast lane

Orders for Chinese NEVs are rising along with footfalls at EV dealerships both at home and overseas, according to Nomura analyst.

Banking & finance

Hong Kong tycoon-backed start-up raises US$300 million to scale battery push

The California-based firm will use new funding to scale manufacturing and expand globally, with Hong Kong anchoring its regional push.

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Mainland China

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Middle East

Drivers in China rush to fill up before biggest petrol price hike this year

Beijing will raise refined oil prices for the fifth time this year at midnight but puts in place a temporary control to reduce the impact.

China stock market

Chinese stocks shake laggard image amid oil shock as green transition pays off

China’s push into renewables helps shield its markets from the latest oil turmoil, with analysts pointing to limited downside risks.

Mainland China

Exclusive | Singapore-headquartered GLP eyes 50% rent surge as China demand fuels growth

Firm will ride Beijing’s push for domestic demand by expanding logistics, data centres and renewable energy capacity, GLP China CEO says.

A solar farm built by GLP on a fishery site in Suzhou, eastern Jiangsu province. Photo: Handout
Banking & finance

Iran conflict drives fund managers to slash risk and hoard cash: BofA survey

Fund managers pile into cash at fastest pace since Covid-19 as geopolitical tensions, inflation replace AI as top concerns, bank finds.

Investor sentiment fell to a six-month low in March, according to a BofA report. Photo: AFP
Investor sentiment fell to a six-month low in March, according to a BofA report. Photo: AFP
China energy security

Unlimited petrol? Chinese firm claims it can produce fuel from air and water

The start-up plans to build ‘large-scale’ facilities to convert carbon dioxide into synthetic fuel, though some question its commercial feasibility.

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China energy security

How is China insulating its energy security amid geopolitical shocks?

Increasing oil and gas exploration, pushing ahead with green transition among contingency plans in place, geologist NPC deputy says.

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CATL

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

CATL’s 2025 sales volume of lithium-ion batteries rose 39 per cent from the previous year. Photo: AFP
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