Head of Evergrande's EV subsidiary arrested
Another top executive of the hopelessly over-indebted property group Evergrande has been arrested. Liu Yongzhuo was most recently head of the company's EV division.
By Marcel Grzanna
Another top executive of the hopelessly over-indebted property group Evergrande has been arrested. Liu Yongzhuo was most recently head of the company's EV division.
By Marcel Grzanna
The Swedish company Northvolt is expected to be allowed to manufacture batteries for electric vehicles in Schleswig-Holstein starting in 2026. The German car industry hopes that this will reduce its dependence on Asia.
By Fabian Peltsch
Chinese electric car manufacturers could flood Europe with their vehicles. However, a shortage of cargo ships is now causing an unexpected bottleneck.
By Marcel Grzanna
At the CSU conference, Commission President Ursula von der Leyen called for the EU to strengthen its defense policy. She expressed her disagreement with the national party's proposal to radically reduce the size of the Commission.
By Redaktion Table
In the European elections, Charles Michel intends to stand as the first candidate for the liberal Belgian party Mouvement Réformateur. If he enters the European Parliament, he will resign his position as President of the Council early. There is criticism of his decision, including within the Renew Group.
By Redaktion Table
Apparently in response to the anti-subsidy investigation against Chinese e-car manufacturers, Beijing has launched an anti-dumping investigation into spirits from the EU.
By Fabian Peltsch
A rebel alliance in Myanmar has captured the important town of Laukkai on the northern border with China. The city of 23,000 inhabitants is important for cross-border trade.
By Fabian Peltsch
Beijing plans to sanction five US defense companies. The reason is the recent sale of tactical intelligence systems to Taiwan's military.
By Fabian Peltsch
China wants to attract more tourists and supports the industry with aid money and tax breaks. The Ministry of Tourism expects an upturn in the number of travelers in 2024.
By Fabian Peltsch
The chances of Huawei regaining authorization as a telecommunications supplier on the US market appear slim. As a result, the company cuts back on some of its public relations expenses.
By