China is the world’s second-largest aviation market, with about 11 per cent of global jet fuel…
Category: International News
General Motors, LG Agree on $150 Million Relief Over Faulty Batteries
Documents filed in a US court have shown that General Motors and South Korea’s LG Energy Solution LG…
Auren, AES Brasil to Create 8.8-GW Renewables
Brazilian energy group Auren Energia has agreed to merge with AES Brasil Energia, creating a platform…
XECO and CS-PRO Announce First Green Security Token Offering
XECO Limited, a New Energy Vehicles (NEV) solution provider based in Hong Kong, and CSPRO Limited, a corporation…
IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection
The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…
Philippines Extends Zero-Tariff Policy on Electric Vehicles
The Philippines has extended its no-tariff policy on electric vehicles and parts through 2028 to wean…
Honda Increases Electrification Investment to $65 Billion
Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over the…
Electric Vehicle Sales Decline in the United States
In the first quarter of 2024, electric vehicle (EV) sales including hybrid vehicles, plug-in hybrid electric…
Tesla Faces Lawsuit Over Emissions
The Environmental Democracy Project said it has filed a “citizen” lawsuit under the Clean Air Act…
Solarvest Wins Solar Project in Malaysia
Malaysian solar firm Solarvest Holdings has been selected for a Scientex Berhad project that will install…