Car manufacturers from Europe, America, Japan, and South Korea not only have to contend with the intense competition from Chinese electric vehicles (EVs), but also with the fallout from the drop in global EV demand. We take a look at what various parties are doing to safeguard their market shares.
The expansion of renewable energy in China has been driven by the government’s 2020 pledge to reach peak carbon dioxide emissions by 2030 and become carbon neutral by 2060. But the reshaping of a new energy order still has a long way to go.
Erik Baark takes stock of China’s gains at COP28 in Dubai in December 2023. The status of China in the negotiations was clearly enhanced by the compromise achieved by the US and China with the Sunnylands Statement in November 2023. On the difficult matter of establishing an international consensus on the approach to fossil fuels, China also seems to have found room to manoeuvre in the call for countries to commit to “transitioning away from fossil fuels in energy systems”.
Lianhe Zaobao journalist Liu Sha notes that while China currently seems to be ahead of the competition in terms of electric vehicles and batteries, questions of cost, quality and sustainability have to be taken into account in considering how China can maintain its lead in the battery industry.
Amid the global electric vehicle (EV) race, European countries and the US are doubling down on their efforts and investment towards building an even more localised vertically integrated battery supply chain. This comes amid China dominance over the global lithium-ion battery supply chain. As the race for raw materials continues, Southeast Asian countries such as Indonesia and Singapore can play an increasingly significant role. Lianhe Zaobao business correspondent Lai Oi Lai speaks with experts and business insiders to find out more.
While Pakistan's prized port at Gwadar in Balochistan province is supposed to open up an energy corridor from Central Asia and the Gulf across Pakistan to western China, security is the actual key to the Beijing's grand energy security plan, which includes developing Gwadar port as an alternative to the Strait of Malacca — a narrow waterway between Indonesia and Malaysia.
In the ever-evolving landscape of global geopolitics, worsening climate change impacts and the need to accelerate the clean energy transition, the contest for critical raw materials and renewable energy technologies has emerged as a focal point of contention between the European Union (EU) and China. The upcoming EU-China summit in Beijing on 5 and 6 December offers an opportunity to address their disagreements.
US-China pledges to work together on climate action have been all too familiar, throughout times of changing US administrations and tense US-China relations. Even as cajoling each power to take more action has its limits, the greater danger is a global green technology war that punishes the global south.
With increasing stakes in Afghanistan's vast mineral and energy deposits, China is engaged in resource politics in the war-wracked but resource-rich country. Maintaining control of the country's strategic mineral and energy reserves is the name of China's new great game in Afghanistan.