BYD has overtaken Tesla to become the world's largest battery-powered car manufacturer, driven by increased overseas shipments despite a recent drop in deliveries. The report also highlights China's growing adoption of electric heavy trucks.
China is setting ambitious targets for electric heavy trucks, aiming for 40% of new sales by 2030, mirroring its successful push in electric passenger cars. This move is driven by rising shipping and oil costs, making electric trucks more economically viable, especially with declining battery costs.
Reliance New Energy is set to launch battery-swapping services for electric two-wheelers, targeting the delivery and logistics sector. The company has secured ARAI certifications for batteries and vehicles, with initial trials planned for its own fleet before a potential commercial rollout by FY27.
Laos seeks to join the Power of Siberia 2 pipeline project to cut logistics costs and enhance energy security. The landlocked nation currently relies heavily on Thailand for fuel supplies and is exploring new energy sources and suppliers, including Russia and other Eurasian countries.
G7 leaders pledged to intensify economic pressure on Russia through strengthened sanctions, particularly on oil and gas. They also committed to increasing air defense and long-range capabilities for Ukraine, signaling a united front to support Kyiv and accelerate peace efforts.
China's 11 ministries have released a plan to boost new energy heavy trucks, targeting 40% penetration and 1.6 million vehicles by 2030. The initiative aims to cut emissions, build 30,000 km of zero-carbon highways, and install 3,000 charging stations, while addressing challenges like charging infrastructure and talent shortages.
Binhai County, Yancheng, Jiangsu, is accelerating high-quality development by focusing on marine strategy, green energy, and industrial transformation. Key initiatives include expanding port capabilities for auto exports, developing integrated energy bases (wind, solar, LNG), and revitalizing rural areas through innovative agriculture and improved public services.
广西交通职业技术学院, 柬埔寨国立理工学院, and 柬埔寨巴塞理工学院 signed an agreement in Phnom Penh to deepen cooperation in technical and vocational education and training (TVET) to cultivate high-skilled talent for Cambodia's new energy vehicle sector.
Xinjiang Production and Construction Corps (XPCC) is transitioning from scattered, single-point energy development to a high-quality, integrated new energy industry. The region is building a full value chain including wind, solar, storage, and hydrogen, with integrated grid, source, load, and storage operations.
Beijing's Motor Vehicle Quota Management Office announced the 2026 new energy passenger vehicle quota allocation results. As of March 8, 2026, there were 326,847 family applications, 566,936 individual applications, and 30,781 corporate applications. Quotas are 119,200 for families, 34,800 for individuals, and 5,000 for corporations.
A joint venture led by UAE-based CenGeo New Energy FZ-LLC has proposed a large-scale tourism and resort complex at Vung Ro Bay, spanning 185 hectares in Phu Yen province. The project aims to include coastal resorts, hotels, villas, and recreational areas, with the investor committing to avoid simple land subdivision.
Pep Guardiola announces his departure from Manchester City after 10 years, with his final match against Aston Villa on Sunday. He leaves with 17 major trophies, including six Premier League titles and a Champions League. The club will name a stand and build a statue in his honour.
BNEF'in raporuna göre, küresel batarya depolama kapasitesi 2050'ye kadar 17 kat artacak. Güneş enerjisi 2032'de lider kaynak olacakken, yapay zeka veri merkezleri talebi artıracak ve petrol talebi 2029'da zirve yapacak.
The 12th Chengdu International Auto Parts and Aftermarket Services Exhibition opened on May 21st, featuring over 56 professional buyer delegations from around the world, including emerging markets. The event highlights new energy and intelligent connected vehicles, aiming to meet industry upgrade trends and global market demands.
Stellantis and China's Dongfeng are forming a joint venture to produce new energy vehicles in Europe, with potential manufacturing in France. This partnership aims to expand Stellantis's market influence and utilize underutilized European factory capacity.
Russia's Deputy Prime Minister Alexander Novak stated that China is interested in long-term and increased oil supplies from Russia, a commitment Moscow is ready to fulfill amidst global market challenges. The announcement came during a Russian delegation's visit to China.
Russia's oil supplies to China rose 10% year-on-year in the first four months of 2026, according to Deputy Prime Minister Alexander Novak. This follows a total of nearly 100 million tons supplied in 2025.
A roundup of seven electric vehicle stories from the past two weeks, including Malaysia's import curbs and Chinese EVs entering European markets
A Hong Kong electric commercial vehicle solutions company has teamed up with a mainland Chinese manufacturer to launch an electric minibus tailored for the city’s roads, as the government works towards phasing out fossil-fuel commercial vehicles by 2035. Home-grown Wai Lik New Energy unveiled the new models on Monday, with founder Ng Chi-wai saying the vehicles were engineered specifically for the city’s narrow streets and steep gradients. The company, which partnered with Fujian-based Wisdom...
Southeast Asia to benefit significantly from Asian Development Bank's $70 billion new energy and digital infrastructure plan in Asia and the Pacific by 2035.
ATCO Australia tells 8,000 customers they will need to find new energy sources or switch to bottled gas as it prepares to decommission its Great Southern gas network in WA.
ATCO Australia tells 8,000 customers they will need to find new energy sources or switch to bottled gas as it prepares to decommission its Great Southern gas network in WA.
Three major developments in China's EV sector: battery makers at Beijing Auto Show showcase sub-10-minute charging tech in race triggered by BYD and CATL; Li Auto expands to Middle East and Asia-Pacific targeting BMW and Mercedes; CATL announces landmark 60 GWh sodium-ion battery order to Beijing HyperStrong Technology over three years.
China Resources Power has received Shenzhen Stock Exchange approval to spin off its renewable energy arm, China Resources New Energy Holdings, in a deal potentially worth 24.5 billion yuan. The state-backed power producer's unit seeks to fund wind and solar projects across 31 provinces, with installed capacity reaching 41.6 GW as of end-2025.
