China's top carmaker earmarks $879m for green car development

clock • 2 min read

SAIC plans rollout of hybrid and all-electric autos over the next three years

SAIC Motor Corp, China's largest carmaker, has said it plans to invest $879m (£531m) over the next two years to develop and manufacture eco-friendly vehicles. The amount will be split equally into...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Reports: AI energy underestimates could threaten UK carbon targets
Technology

Reports: AI energy underestimates could threaten UK carbon targets

Officials quietly upgrade estimates for emissions impact of AI data centres over the next decade

James Murray
James Murray
clock 27 April 2026 • 3 min read
ChatNetZero: World's first climate target chatbot updated to cut energy use
Technology

ChatNetZero: World's first climate target chatbot updated to cut energy use

Upgraded climate AI tool outperforms general-purpose chatbots on accuracy and energy efficiency, creators claim

Stuart Stone
Stuart Stone
clock 22 April 2026 • 3 min read
IEA: Electricity use from AI data centres surged 50 per cent in 2025
Technology

IEA: Electricity use from AI data centres surged 50 per cent in 2025

Global energy use from AI expected to double by 2030, prompting fresh calls for improved collaboration between energy companies, tech platforms, and policymakers to tackle AI's growing power challenges

Amber Rolt
clock 17 April 2026 • 5 min read