UK businesses plan to invest £13.6bn in electric vehicles by 2022--Seetao

[UK businesses plan to invest £13.6bn in electric vehicles by 2022] The poll was conducted with representatives of 200 UK businesses of different sizes and industries responsible for fleets. All companies represented reported a turnover in excess of £1m in the last financial year and operated at least one vehicle. UKPlc's total investment will reach £11.6 billion. That was below the £15.8bn it had been hoping for, as challenges such as the Covid-19 pandemic, chip shortages and rising costs of living created complications. Editor/Xing Wentao

Click to see more live >>

Latest

2026.04.10 15:28
[CPI moderately rises in March 2026, PPI shifts from decline to rise]
On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting

2026.04.10 15:28
[China's Deepest Sea Wind Power Project Full Capacity Grid Connection]
On April 7, 2026, the deepest offshore wind power project of Huaneng Shandong Peninsula North L site in China was fully connected to the grid. The project is located in the Muping sea area of Yantai, with a water depth of 52-56 meters. It is equipped with 42 12 MW wind turbines and uses the highest four pile pipeline foundation in China. The annual power generation is 1.638 billion kilowatt hours. Yantai Power Supply Company ensures grid connection through the "Clear Wind and Warm Sun" service. The project has promoted the installed capacity of new energy in Yantai to reach 16.66 million kilowatts, ranking first in the province and assisting in the green and low-carbon transformation.Editor/Cheng Liting