WEF in China: Electric vehicles, urban mobility, climate change discussed on second day

Electric vehicles, urban mobility and climate change are some of the pressing issues taking centre stage at the World Economic Forum in Dalian, China. The second day of meetings come amid a rise in the use of green energy, in the region as well as the world. Experts also urged governments to set up a binding framework - to regulate development for artificial intelligence, with the technology still in its infancy stage. CNA's Tan Si Hui and Olivia Siong report from Dalian.

[@themiddlekingdom9121]

The European automakers, the American automakers, the Japanese automakers and the South Korean automakers have been making billions of US dollars in China for years.

[@leozhang-el6pb]

那可不止，数千亿是有的

[@themiddlekingdom9121]

@@leozhang-el6pb 這就是我的意思，多年來他們一直在吃中國的午餐，現在情況正在改變。 5到10年後，中國商用飛機製造商中國商飛將能夠製造飛機並與空中巴士和波音競爭，到那時，西方將再次抱怨中國製造產能過剩。

[@leozhang-el6pb]

@@themiddlekingdom9121 那是几乎是必然的

[@CautionCU]

As an American, I can assure you that the USA will not meet whatever green commitments they make. You have to understand two things, we have a car culture and commute distances here are much farther than other countries. So ya we make goals, but no one ever hits them. The commentator notes that the USA would have to partner with Chinese companies to hit the target but the goal of the tariffs were specifically to prevent partnerships with Chinese firms

[@ssuwandi3240]

No, the US will never ever again..Good luck w China

[@tooltalk]

can't wait for Trump to get elected and end all these nonsensical EV mandates.

[@doords]

There is no way the US will meet any commitment when leaders switch power every few years. The republicans will never agree to any of this. Each party thinks they know whats best.

[@FroggyTWrite]

english is obviously not your first language, yet you claim to be from the states...

[@mindersingh8725]

We need USA car 🚘 only

[@vincecarlo]

Klaus Schwab " You Will Own Nothing & Be Happy " HDB 99 yr LEASE Cars 10 yr COE LEASE SG is the PERFECT EPITOME of WEF

[@jer2911.L]

Boring, something new please.

[@timothyshiu2263]

Free consumers from tariff and politics, please. Inflation is high, income is stagnant, gas is expensive. Not everyone can afford $50K EV, give consumers choices. $15K EV is welcome when everything is inflated twice or more.

[@FroggyTWrite]

so do you expect the usa and europe to hollow out what remains of their manufacturing jobs in order to meet some green energy goals? that worked real good with solar panels..

[@pardeeptandon3023]

@@FroggyTWrite YES

[@huangzb8060]

CNA is overcapity in broadcast in news reports all over the world. Please toe the line of papa, America.

[@aranduser]

ROI has not been paying out yet for ICE.

[@JuraganEmas]

As a consumer, i am pretty concerned about the life duration of car batteries in EV. The price of EV made in China is quite reasonable, but adding more tariffs and taxes will make it more difficult for transitioning to EV.

[@vincecarlo]

EV Road Tax n Insurance is MUCH HIGHER than Equivalent Petrol Version Be Fore warned ⚠️

[@pardeeptandon3023]

@@vincecarlo EV road Tax n Insurance should be REDUCED.

[@vincecarlo]

@@pardeeptandon3023 Ain't Gonna Happen, Purpose is to Offset petrol Tax LOSS

[@SoBiased]

The West not happy

[@thomasz8997]

Dalian is a very beautiful coastal and garden city in China, ranking second only to Singapore in the Asian Garden City Rankings.

[@vincecarlo]

95% of Electricity in SG STILL NOT Green

[@jer2911.L]

Boring, something new please.

[@aranduser]

Why content yourself with a single color? I like black. Black contains all colors.

[@0157matt]

Over capacity is nonsense. China companies will lose if no one buys their vehicles....but these ev cars are great and cheap and attract buyers...the west and Europe cannot compete! It's as simple as that.

[@aranduser]

It's rather that they are undercapacity but don't want to admit it.

[@FALprofessional]

2:30 He makes a good point about investment in the EU being something to consider - factory construction. BYD in Hungary and Leapmotor in Poland are working on this, so all this geopolitical bantering will smooth out soon enough.

[@engjeekeow]

Europe, America, Japan and South Korea automakers profit billions of dollars from China markets but when China automakers started production it mean overproduction

[@ibatawi]

No reporting of Japanese being attacked in Su Zhou ?

[@tweedy4sg]

THe attack wasn't specifically targeting J@ps . Stop sensationalizing

[@papa-dt1cv]

Hope coe cheaper for ev. Heard new car only can be as low as 30k rmb.

[@chrismanchin]

U.S. debts are overcapacity

[@walhdamaskus2408]

Only US dollars is overproduced, but their dept is overdeep.

[@ssuwandi3240]

Coz the US also got GOLD OVERCAPACITY, BABY!😊 Ohh yeah

[@vincecarlo]

INFRASTRUCTURE, Power Grid, Sub Stations, etc etc ALL NOT Ready All The TALK about EV

[@jer2911.L]

Not Entrepreneur level comment. Still a long long way to go and much much more to learn.

[@America_bombsTSMC]

if you can charge at night (now the mileage can cover a day use) it will be great to the power grid. in china, your car can sell electric energy to the grid. any way, PHEV is most suitable to the world at the moment.

[@cityofgardenerssg318]

In the past decades, the oil industry have been killing EVs by suddenly dropping oil prices whenever car manufacturers launch EVs. With the shortage of oil due to the war in Ukraine, the western oil industry players are not able to drop oil prices. The only way to kill EVs, at least delay in US/EU, is the use of tariffs

[@chrismanchin]

Well done china and singapore

[@ericphua2359]

ASEAN could become the world’s fourth-largest economy by 2030, comprising of a consumer market valued at over US$4 trillion. This economic achievement will be driven by four major forces: strong demographic trends (65 percent of ASEAN’s 600 million population will be middle-class), increasing foreign investment, rising income levels, and digital advances. Strengthening the bloc’s continued growth trajectory is its various free trade agreements (FTAs) some of which are the world’s largest. These FTA offers numerous opportunities for foreign investors, ranging from capitalizing on Singapore as the region’s financial services hub or moving manufacturing operations to low-cost regions in Vietnam, Indonesia, and Malaysia. International businesses can benefit from ASEAN’s FTA network in the form of reduced importer costs, improved custom clearances, and increased access to products eligible for preferential treatment. Moreover, there are numerous tax and fiscal benefits such as tax holidays and deductions.

[@goldriverbank6647]

Most important no war.

[@pehclark7256]

WEF finally stop pretending Liao.

[@pdfren5776]

Reliability is the main issue when it hails from China

[@ssuwandi3240]

The Prof called it costs effective solutions 😊

[@nextlastChang]

Chinese 🇨🇳 electric cars are *heavily subsidized* by many levels of Chinese government. Some people bought them, threw them away without driving, and still made profits. - That's why there are millions of new cars abandoned by owners across the country. And this is not an exaggeration.

[@bosahenry9299]

😅😅😅😂😂😂

[@DANWANG-ye9cq]

groudless nonsense

[@satay8167]

The west has been subsidising their ford and GM for years and that is legal. For china to nurture the industry is illegal. This is the way of the world

[@vincenttay2812]

No wonder you are known as the next last baChang😅

[@liongjiahwong5478]

You are talking nonsense, subsidiaries and overcapacity is a new weapon by the West.