live U.S. rescues airman as Trump, Israel step up pressure on Iran ahead of deadline - Middle East conflict on 5 April
The U.S. rescued an airman missing from one of two warplanes downed in Iran, two U.S. officials said, as President...
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.
One U.S. crew member has been rescued after two American warplanes were downed over Iran and the Gulf, as the search continues for a missing pilot, while President Donald Trump has given Tehran 48 hours to agree to a deal to end the war.
The U.N. Security Council is expected to vote next week on a Bahraini resolution to reopen the Strait of Hormuz and protect commercial shipping, diplomats said on Friday, amid opposition from China to any authorisation of force.
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member.
Iran has strongly condemned U.S. President Donald Trump’s threat to bomb the country “back to the Stone Age”, calling his remarks an example of “war crimes and genocide.”
France and South Korea have agreed to strengthen defence ties and energy security cooperation following a two-day visit by French President Emmanuel Macron to Seoul.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
The U.S. national average retail price of petrol rose above $4 a gallon for the first time in over three years on Monday (30 March), according to GasBuddy data, as the U.S.–Israeli war with Iran continued to roil global energy markets.
Japan and Indonesia will deepen coordination on energy security, Tokyo said, as the U.S.-Israeli war on Iran disrupts vital oil and gas flows to Asia.
China's three largest state-owned airlines have issued warnings regarding their financial outlook for the current year, acknowledging that the eruption of war involving Iran has driven jet fuel prices to unsustainable highs.
Stock markets across Asia fell on Monday as escalating conflict involving Iran drove oil prices sharply higher, fuelling fears of inflation and a potential global recession, with investors reacting to disruption risks in the Strait of Hormuz and prolonged hostilities.
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