Details

The ocean is humanity's common good, not Japan's private sewer, and to dump the nuclear-contaminated water into the ocean is "extremely selfish and irresponsible," Chinese Foreign Ministry Spokesperson Wang Wenbin said on Wednesday.

According to Japanese media, a report recently released by Tokyo Electric Power Company (TEPCO) shows that the radioactive element Cs-137 in black rockfish caught in the harbor of the Fukushima Daiichi Nuclear Power Plant in May far exceeded safety levels, reaching 18,000 Bq/kg, 180 times that of the standard maximum stipulated in Japan's food safety law.(Xinhua)

Details

In May 2023, SAIC Motor sold 400,000 vehicles, up 10.2% yoy; among them, 76,000 units are EVs, up 5.9% yoy. In specific, it sold 92,000 units in the overseas market. The MG brand continued its outstanding performance in the European market with monthly sales of 21,000 units, up 170% yoy.

Details

By 2030, the penetration rate of EVs in China market is expected to reach 70% or even 80%. “I think the proportion of all-electric vehicles, hybrid vehicles, and fuel vehicles in 2030 is likely to be 4:3:3 or 3:3:3,” said Zhu Huarong, Chairman of Chang'an Automobile, at a meeting on Thursday.

Details

On June 8th, BYD held its 2022 annual shareholder meeting. During the meeting, Wang Chuanfu stated that BYD is confident to gain a higher market share in the next 3-5 years. It is worth noting that on June 7th, BYD stated on an investors’ communication platform that BYD will launch a highly professional and personalized new brand in 2023.

Details

Miami-based sandwich giant Subway on Tuesday announced the largest master franchise deal in its history, a 4,000-unit, 20-year agreement with Shanghai Fu-Rui-Shi Corporate Development (FRS). FRS will get exclusive rights to manage and develop all Subway locations in China. The 4,000 new restaurants would be a seven-fold increase in Subway's current footprint in the country.