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Sandoz warns cheap Chinese imports threaten Europe’s antibiotic supply
Continent risks losing critical medicine capacity without stronger protections, says chief executive
Why the EU sees Chinese solar tech as a major security risk
Europe's solar boom is powered by Chinese technology. But experts warn Chinese-made tech could threaten the continent's safety and even create blackouts. Now, Brussels is aiming to reduce its dependence.
BYD to spend €2bn to develop 5-minute flash chargers in Europe
Chinese EV maker banks on ultrarapid battery technology to take market share from legacy rivals
BYD to install thousands of 5-minute EV chargers across Europe
Chinese EV colossus BYD has announced plans to speed up its conquest of the European auto market with the rollout of superfast Flash Chargers across the continent. BYD has already installed the first new chargers in Germany and the UK, and plans to roll out 3,000 across Europe by the end of next year. At an estimated cost of €580,000 (about $670,000) per charger according to the Financial Times, that would mean a total spend of roughly $2 billion to install the network.
BYD looking to take over existing factory for second European EV plant, executive says
BYD looking to take over existing factory for second European EV plant, executive says BERLIN, June 10 : Chinese electric vehicle maker BYD is looking to take over an existing factory in southern Europe for its second assembly plant on the continent, with Spain among the countries on its shortlist, a top executive said on Wednesday. "We would prefer to take over an existing plant," executive vice president Stella Li told reporters in Berlin during the European launch of the Dolphin G, a...
Geely says its driver assistance system authorized for use in EU
Geely says its driver assistance system authorized for use in EU June 9 : A driver assistance system developed by Geely has been certified to operate in the European Union, the first time a Chinese auxiliary driving system meets those standards, the automaker said in a statement. Geely is one of many Chinese automakers moving to set up production in Europe to avoid tariffs and increasingly strict regulations on importing foreign-made cars. Geely said its G-ASD (Geely Afari Smart Driving)...
EU must act before China cripples European industries, warns EPP chief
Countries like France are pushing for a tougher stance against Beijing, arguing that Chinese overproduction is straining an already struggling European economy. "Europe needs to open a new chapter regarding its relationship with China," warned Manfred Weber, head of the European People's Party in the European Parliament, in remarks to Bild am Sonntag. "The era of naivety is over," he said, urging the bloc to defend its economic interests more clearly and consistently and to reset its...
EU must act before China cripples European industries, warns EPP chief
Countries like France are pushing for a tougher stance against Beijing, arguing that Chinese overproduction is straining an already struggling European economy. "Europe needs to open a new chapter regarding its relationship with China," warned Manfred Weber, head of the European People's Party in the European Parliament, in remarks to Bild am Sonntag. "The era of naivety is over," he said, urging the bloc to defend its economic interests more clearly and consistently and to reset its...
Newsletter: The moving pieces of the EU’s enlargement
Also in this newsletter: The EU's trade chief to meet his Chinese counterpart in Paris amid escalating trade tensions; and Europe Today speaks exclusively to Lebanese culture minister Ghassan Salamé after Israel and Lebanon agreed a conditional ceasefire overnight. Good morning from Brussels. We start with a major development in Ukraine’s bid to join the European Union.
Europe raises 'Kill Switch' fears, makes all 27 countries to junk US, Chinese tech
The European Commission has proposed a sweeping new set of regulations, approved by its 27 member states, to abandon their reliance on American and Chinese technology. The push for "tech sovereignty" comes amid warnings that a foreign power could weaponise critical digital infrastructure against the countries in the region. According to a report by CNBC, the proposals specifically target advanced microchips, artificial intelligence (AI), and cloud services -- which are essentially the...