Tesla in China: Dominating the EV market with 0 marketing budget

Tesla in China

Since its founding in 2003, Tesla’s vision is to manufacture mass-market Electric Vehicles (EVs) with compelling value propositions. This includes a long-range, rechargeability, energy efficiency, reasonable prices, and high performance without compromising design. Tesla’s automotive segment comprises of the design, production, and sale of fully EVs. Tesla targets the premium sedan and SUV markets through its Models […]

Hydrogen vehicles in China: Will it overtake EVs?

Hydrogen vehicles in China

As of March 2022, the Chinese government released the country’s first-ever long-term plan for hydrogen vehicles. By 2025, the government aims to have 50,000 hydrogen fuel-cell vehicles on the road, more than 6 times the existing units of 8,000 in 2020. The gap in the market and the explicit support from the government for the […]

What China’s new carbon emission trading market means for businesses

China’s carbon emission trading

On July 16, the Vice-Minister for Ecology and Environment Zhao Yingmin officially ushered in the China’s long-planned carbon emission trading market, the world’s largest CO2 market. The carbon exchange system, which made its debut with 4.1 million tons of carbon dioxide quotas worth 210 million RMB traded in a single day, was actually launched in […]