• BMW Sign a $4.7 Billion Contract with China’s CATL for Battery Cells: CATL Will Build its First European EV Battery Factory in Germany

    BMW Sign a $4.7 Billion Contract with China’s CATL for Battery Cells: CATL Will Build its First European EV Battery Factory in Germany

    BMW plans to source 4 billion euros’ ($4.7 billion) worth of battery cells from Chinese battery maker Contemporary Amperex Technology Ltd (CATL) over the next few years, the carmaker’s purchasing boss said on Monday. The deal will allow China’s biggest lithium battery maker to build a factory to produce cells for electric cars in Europe, […]

  • EU and China to Exchange Market Access Wishlists

    EU and China to Exchange Market Access Wishlists

    Following the seventh China–EU High-level Economic and Trade Dialogue, the EU and China will accelerate negotiations on the bilateral investment agreement and set up a EU–China working group on WTO reform.

  • China Three-Year Action Plan on Air Pollution

    China Three-Year Action Plan on Air Pollution

    The new three-year action plan comes after the previous plan, rolled out in 2013, expired at the end of 2017. The new plan expands PM2.5 reduction requirements to all cities nationwide. It also tightens regulations on VOCs and NOx emissions that are key to the formation of ozone pollution. The new plan still lacks specific targets on […]

  • Where 3 Million Electric Vehicle Batteries Will Go When They Retire

    Where 3 Million Electric Vehicle Batteries Will Go When They Retire

    Finding ways to reuse the technology is becoming more urgent as the global stockpile of EV batteries is forecast to exceed the equivalent of about 3.4 million packs by 2025, compared with about 55,000 this year, according to calculations based on Bloomberg NEF data.   China, where about half the world’s EVs are sold, is […]

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