China's state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in a statement on Monday. The National Development and Reform Commission (NDRC) expected more than 110 new energy vehicle models among a total of 150 new cars launched this year, intensifying competition. NDRC also estimated the market demand for new energy vehicles, including EVs and plug-in hybrids,...
SHANGHAI (Reuters) - Prices of electric cars and plug-in hybrids in China's Southern Shenzhen city, a metropolis with high EV adoption, have fallen 5% to 10% this year, the country's state planner said on Monday.BYD and Denza cars have been leading the price cuts with reductions of 7.15% to 9.7% to the prices of five models in April compared to those at the beginning of the year, according to a statement of National Development and Reform Commission (NDRC).NDRC cited oversupply, falling battery...
An increase in solar module prices is “hard to imagine unless there is a massive shortage in supply”, according to PV Tech head of research Finlay Colville.
Items bought in shops are becoming more expensive at the slowest pace in more than two years, according to latest industry figures which show that some prices are actually falling. It means that goods, such as clothes and food, are becoming more costly but far less than before, according to the shop price index from the trade organisation for UK retailers, the British Retail Consortium (BRC), and retail behaviour researchers NielsenIQ. Why have some prices fallen? The shop price index for April...
It appears motorists won’t be seeing record high prices at the pump this summer according to GasBuddy.
Hungary is attempting to be a world power in manufacturing electric vehicle batteries, despite locals' reservations.
Europe is getting a little more serious about challenging China’s vast espionage campaign against the West. On Monday, the United Kingdom charged two Britons, Christopher Cash, a 29-year-old parliamentary researcher, and Christopher Berry, a 32-year-old former teacher, with spying for China. The two men were first arrested more than a year ago, but U.K. prosecutors […]
Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China, according to the International Energy Agency. In a report Tuesday, the IEA projected that “surging demand” for EVs over the next decade was set “to remake the global auto industry and significantly reduce oil consumption for road transport.” It expects half of all cars sold globally to be electric by 2035, up from more than one in five this year, provided charging...
By Hanna Ziady, CNN London (CNN) — Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China, according to the International Energy Agency. In a report Tuesday, the IEA projected that “surging demand” for EVs over the next decade was set
By Hanna Ziady, CNN London (CNN) — Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China, according to the International Energy Agency. In a report Tuesday, the IEA projected that “surging demand” for EVs over the next decade was set
Samsung's Galaxy M15 first went official back in March, and then it made its way to India earlier this month, and now it's apparently getting ready for the next stop in its global tour: Europe. Samsung's store in Poland has listed the M15, and although you can't buy one just yet, the retail price has been revealed: it's PLN 699, which currently translates to about €161. So we expect the Eurozone pricing to be either €159 or €169. For that amount of cash, you get the version with 4GB of RAM...
The Indian government anticipates a decrease in food prices following