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Economy

Chinese authorities have introduced a speed limit for new electric mopeds and banned sales of older models in the name of safety. Delivery riders worry the changes will cut the number of orders they can complete each day, and their incomes

NEV manufacturers’ tight grip on maintenance and spare parts is hindering the aftersales market, which will hurt the sector in the long run, experts say

Rapid advances in AI-powered video generation are boosting profitability for both model developers and creators helping to render a whole new industry

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Seen as a solution to global net zero goals, as well as an efficient and cheap way to heat and cool buildings, heat pumps are expected to be a crucial technology. But as uptake is slower than expected, the industry says more government support is needed, as well as technological breakthroughs

Government subsidies and lower operating costs are driving rapid adoption of new energy heavy-duty trucks in China, though limited range, slow charging and high up-front costs are still bumps in the road

As China has expanded capacity to handle urban waste and divert trash from landfills, overcapacity in waste-to-energy plants has left some regions scrabbling for garbage