China’s five-year budget for renewable energy: $360 billion

ChinaDespite a recent downturn, the Chinese government is moving full-speed ahead to invest heavily in renewable energy. The country's national regulators have already promoted renewable energy as a possible cure for the country's notoriously-bad air pollution. But China has placed more emphasis on renewable power in its latest five-year economic plan...

Update: Chinese elevated bus now abandoned, blocking road traffic

Transit Elevated Bus (TEB) - Image via China Xinhua NewsLast week, the massive Chinese elevated bus whose renderings had rocketed around the Internet made its first test run. The bus runs on rails embedded in the street, with room for cars to pass underneath it. Officially known as the Transit Elevated Bus, or TEB-1, it carried its first passengers on a stretch of street in the city of Qinhuangdao...

Karma gets approval to build electric cars in China

2017 Karma ReveroThe original production run of the Fisker Karma luxury sedan was contracted to Valmet Automotive in Finland. But as the Karma Revero, the car will be built at a new facility in California. Karma, which was created when Chinese auto-parts giant Wanxiang purchased the remains of bankrupt Fisker Automotive, plans to handle production itself. DON'T...

China to crack down on green-car subsidy cheating: report

ChinaOver the past few years, both national and state Chinese governments have heavily subsidized electric cars in an aggressive attempt to promote mass adoption. Electric cars are seen as an important way to combat the country's notorious air pollution, and develop the domestic auto industry. So far, the various subsidies and purchase incentives have...

BYD partners with U.S. firm to launch all-electric garbage truck

BYD and Wayne Engineering electric garbage truckHere's an electric vehicle that really, truly stinks. While automakers are moving in the direction of more electric cars, several companies are also making efforts to electrify commercial vehicles. The humble garbage truck will be the next to be electrified—which, if nothing else, will eliminate the unpleasant noise from huge diesel trucks...

Faraday Future halts factory work, hopes to resume early 2017

At the groundbreaking for Faraday Future's production facility in North Las Vegas (April 13, 2016)Faraday Future's ambitious plans to launch a production electric car in less than two years appear to have hit a snag. Before the Chinese-backed startup can begin production, it needs to complete a new factory in North Las Vegas, Nevada, which has a stated cost of $1 billion. Last month, lead contractor AECOM warned Faraday that it was late on a...