China EV -

Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...

Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Mercedes' all-electric SUV, the EQE. Image: Mercedes Benz

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh...

Daily Shorts: China's Farizon raises $600 million, Musk says Tesla could deploy robots next year and more

Farizon, an electric and hybrid truck manufacturer owned by China's Geely, announced it had raised $600 million from investors led by Boyu Capital and Yuexiu Industrial Fund. The c...

Amid EV shift, Japanese could lose Thai auto market to China

Southeast Asia's largest automotive hub is gearing up for a China-Japan clash, market analysis shows. Chinese electric vehicle companies are heading into Thailand, and have so far ...