Dick Cheney, powerful former U.S. vice president, dies at 84
Dick Cheney, who was considered by presidential historians as one of the most powerful vice presidents in U.S. history has died at age 84, his family ...
China is tightening regulations on battery-powered vehicles and will require its automakers to comply with higher battery safety standards, aiming to reduce risks of fire and explosions in the fast-growing sector.
The Ministry of Industry and Information Technology on Monday issued a set of technical standards for the batteries in electric vehicles and plug-in hybrids, which make up more than half of new car sales in the country.
The rules set out stricter mandatory tests which will require companies to ensure their batteries won't catch fire or explode in tests with a specified time period, seeking to reduce risks for drivers, passengers and surrounding properties due to what is termed "thermal runaway", the most common cause of battery-related fire.
The standards, said to have been approved by regulators in March but not publicly available until now, are to be implemented from July 2026. They update a current version dating from 2020 that mandates a five-minute warning if an EV is at risk of catching fire.
They also add new tests relating to crash impacts and tolerance of fast charging.
                                                                                                                                                            
                                                                                                    Sales of EVs and plug-in hybrids, known collectively as new energy vehicles (NEVs), have been outselling gasoline cars intermittently on a monthly basis in China since last year. This far exceeds Beijing's goal set up in 2015 for NEV sales to make up 20% of total sales by 2025, which was revised five years later to more than 50% by 2035, thanks to government policy support over more than a decade.
                                                                
                                                                    
                                                                                                    
                                                                                                    
A CCTV report in June 2024 said the chances of EVs and hybrids catching fire were lower than gasoline vehicles, despite social media boosts of unverified fire accidents involving NEVs being common in China.
A fatal crash in March involving a sedan made by Xiaomi (1810.HK), opens new tab - which caught fire after hitting a roadside pole at a speed of 97 km/h, with its advance driving assistance system switched on - triggered wide discussions about EV safety in China.
                                                                                                                                                                                                         
                                                                
                                                                    
                                                    
        
        
       
Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
At least 37 people have died and five are missing after devastating floods and landslides hit central Vietnam, officials said Monday, as a new typhoon threatens to worsen the disaster.
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Alphabet Inc., the parent company of Google, is entering the U.S. dollar and euro debt markets with a multi-tranche senior unsecured notes issue.
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Chinese electric carmaker BYD is making major strides in Europe, with sales surging nearly fivefold in September from a year earlier to just under 25,000 new registrations.
U.S. stocks were mixed late Wednesday as traders digested comments from Federal Reserve Chair Jerome Powell, who signaled that another interest rate cut in December is far from guaranteed. The Dow Jones Industrial Average and S&P 500 edged slightly lower, while the Nasdaq climbed on continued gains
U.S. chipmaker Nvidia has made history by becoming the first company in the world to reach a market value of 5 trillion dollars, driven by soaring demand for artificial intelligence technologies.
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