Chinese premier Li Keqiang praises new energy vehicle sector at industry event

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

SHANGHAI : Chinese premier Li Keqiang praised the country's domestic new energy vehicle (NEV) industry on Saturday, stating that the sector 'will continue to deepen international cooperation' in a letter shared with attendees at the World New Energy Vehicle Congress in Beijing.Li added that the country's

SHANGHAI : Chinese premier Li Keqiang praised the country's domestic new energy vehicle industry on Saturday, stating that the sector"will continue to deepen international cooperation" in a letter shared with attendees at the World New Energy Vehicle Congress in Beijing.

Li added that the country's support for NEVs is"in line with international rules," and that China needs extensive international cooperation to address climate change. China's auto sector has been hit hard by government efforts to combat COVID-19, with many areas including the commercial hub of Shanghai under lockdowns of varying length.

The sector has endured a slight recovery since the Shanghai lockdown lifted, though heat waves across the country this summer have also affected production. Sales of pure electric and plug-in hybrid vehicles, however, more than doubled from a year ago in the first half, helped in part by government subsidies and tax exemptions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chief finance and sustainability officer among new green roles in finance and accountancy sectors: studySINGAPORE - Companies that are committed to reducing their carbon footprint and making progress in green finance should consider having a chief finance and sustainability officer (CFSO), recommends a local accountancy study. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »

Global market for EV batteries expected to reach $250 billion by 2030 - Chinese officialSHANGHAI : The global market for electric vehicle (EV) batteries is expected to reach $250 billion by 2030, with demand exceeding 3.5 terrawatt hours, said Wan Gang, president of China's World New Energy Vehicle Congress, speaking in Beijing on Saturday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »