Category: Business

For years, Malawi, the world’s fourth-poorest country, has suffered from chronic fuel shortages. However, in a sunbaked workshop on the outskirts of the capital, Lilongwe, a team of local electric vehicle (EV) technicians is working to overcome this anomaly. Huddled around ...

A Chinese-Moroccan joint venture announced on Wednesday the inauguration of a new factory for electric car battery components, the first of its kind in the North African country. The complex will ultimately have a production "capacity equivalent to 70 GWh per ...

This is a free preview of the upcoming Africa EV Weekly Digest, part of the new CGSP Intelligence service launching in Summer 2025. Topline Insight Tesla’s Africa expansion through its new Morocco office ...

China announced several new initiatives aimed at increasing global trade in the yuan and to hedge against the dominance of the U.S. dollar. Pan Gongsheng, the governor of the People’s Bank of China, proposed a future where the global financial system would rely on several currencies.

For almost two decades, the Chinese smartphone giant behind Africa’s most popular mobile brands -Tecno, Infinix, and Itel- has grown to dominate the continent’s handset market. Now, it is making a bold move into Africa’s booming electric mobility sector with its TankVolt e-bikes, which have already become ...

Just one week after Chinese military enthusiasts were celebrating the possibility of Indonesia buying China’s J-10C fighter jet, news broke on June 11 that Türkiye has signed a deal to export 48 units of its fifth-generation Kaan fighter to Indonesia. The sudden shift left many Chinese observers ...

Indonesia’s car market shrank sharply in May, with wholesale vehicle sales plunging 15.1% year-on-year, as high borrowing costs, weak consumer sentiment, and sluggish wage growth continued to weigh on Southeast Asia’s largest automotive economy. Yet amid the broader contraction, one ...

India said Friday it had agreed with neighboring China to "expedite" the process to resume direct flights between them in a sign of further improvement in ties, although no timeline was given. Flights were halted after the COVID-19 pandemic and a ...

By Sally Jabiel A new world order is being contested in the electric vehicles sector. While the trade war between the United States and China rumbles on, the Chinese electric carmaker BYD has already pulled ahead in the race against its ...

Vehicle buyers in various African countries are turning to affordable electric vehicles (EVs) from Chinese manufacturers for compact EVs, which are well-suited for taxi services and short-distance travel, as practical replacements for traditional internal combustion engine vehicles.

This is a free preview edition of the new Critical Minerals Weekly Digest that will be available to subscribers of the new CGSP Intelligence service that will launch during the Summer of 2025. Topline Insight

Asian markets stuttered Friday as optimism from "very positive" talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the U.S. leader and Elon Musk. The much-anticipated discussions between the heads of the world's ...