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China Could Leapfrog US As Top Economy By 2037, But Another Asian Powerhouse Could Reap 'Demographic Dividend'
Monday, February 5, 2024 - 8:35am | 633As per a recent report from the Centre for Economics and Business Research (CEBR), the U.S., China, and India could be seen alternating in their positions as leaders of the global economy throughout this century. What Happened: The CEBR’s study, reported by CNBC, projects that China may rise...
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Toyota Exec Swears It's 'Actually Not' Anti-EV But Doesn't See Electric Path As 'Single Golden Bullet' Toward Carbon Neutrality
Monday, February 5, 2024 - 7:56am | 605In response to allegations of being “anti-EV”, Toyota Motor Co (NYSE:TM) has defended its stance, stating that electric vehicles form a part of its broader plan to lower its carbon footprint. What Happened: Despite facing criticism for its slow adoption of electric vehicles and...
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Latest Tesla China Rival Xiaomi's First EV May Not Be So Cheap As Expected
Tuesday, January 30, 2024 - 2:26am | 609The top model of Xiaomi Corporation (OTC:XIACY) first entry into the EV market, the Xiaomi SU7, is reportedly priced at approximately $50,350, as per Chinese media reports. What Happened: According to CnEVPost, the highest variant of the Xiaomi SU7 will be priced at RMB 361,400 ($50,350) including...