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Over the past 15 years, China has come to dominate the global market for solar energy. Nearly every solar panel on the planet is made by a Chinese company. Even the equipment to manufacture solar panels is made almost entirely in China. The country’s solar panel exports, measured by how much power they can produce, jumped another 10 percent in May over last year.
NAGOYA, Japan -- Toyota Motor will build a battery plant for electric vehicles in Kyushu, the southernmost of Japan's four main islands, Nikkei has learned. The company aims to position Kyushu, which is home to many auto and chip plants, as a central part of its EV supply chain and an export base to Asia.
Memory chip giant SK Hynix on Friday said it plans to invest 9.4 trillion Korean won ($6.8 billion) to build a new semiconductor manufacturing plant in an emerging chip hub in South Korea.
NAGOYA, Japan -- Toyota Motor will build a battery plant for electric vehicles in Kyushu, the southernmost of Japan's four main islands, Nikkei has learned. The company aims to position Kyushu, which is home to many auto and semiconductor plants, as a central part of its EV supply chain and an export base to Asia.
North Korea’s economy roared back to life as arms transfers with Russia provided support for Kim Jong-un’s regime, allowing the leader to shun diplomacy as he ramped up his threats against the United States and South Korea.
Mexican drug lord Ismael "El Mayo" Zambada and the son of his former partner, Joaquin "El Chapo" Guzman, were arrested in El Paso, Texas, on Thursday, the U.S. Justice Department said.
The report concludes that more FDI from China would have numerous benefits, such as enhancing local manufacturing and export market access. Analysts agreed, arguing India should not let geopolitics stand in the way of economic progress despite the risks Beijing’s increased financial influence might bring.
India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and battery manufacturing where New Delhi lacks expertise and which hinders domestic manufacturing, two government sources said.