China's Geely to Launch Hybrids with More Fuel-efficient Engines

FILE PHOTO: The Geely logo is seen at a car dealership in Shanghai, China August 17, 2021. REUTERS/Aly Song/File Photo
FILE PHOTO: The Geely logo is seen at a car dealership in Shanghai, China August 17, 2021. REUTERS/Aly Song/File Photo
TT

China's Geely to Launch Hybrids with More Fuel-efficient Engines

FILE PHOTO: The Geely logo is seen at a car dealership in Shanghai, China August 17, 2021. REUTERS/Aly Song/File Photo
FILE PHOTO: The Geely logo is seen at a car dealership in Shanghai, China August 17, 2021. REUTERS/Aly Song/File Photo

China's Geely Holding Group on Wednesday said it would launch a series of hybrid models in the first half of next year equipped with its next-generation, more fuel-efficient engine.
Geely's engine achieves a thermal efficiency of up to 46.1%, according to a product certificate issued by the government-owned CATARC Huacheng Certification Co.
Geely said this was among the highest in the world, and would reduce fuel consumption and extend driving range, Reuters said.
The new models will be launched for Geely Auto's Galaxy series and its Lynk & Co brand.
Plug-in hybrids are the fastest growing fuel-type sector in China thanks to their affordability, and competition in the sector is intensifying.
BYD on Tuesday launched two hybrid sedans equipped with its new hybrid tech, priced from 99,800 yuan ($13,800).
BYD said the new hybrid tech enables fuel consumption on depleted batteries of 2.9 liters per 100 km under New European Driving Cycle tests, with a thermal efficiency of 46.06%.



Apple Still Barred from Selling iPhone 16 in Indonesia Despite Investment Deal, Minister Says

 Used mobile phones including the Apple iPhone are displayed for sale at a shop in Jakarta on January 8, 2025. (AFP)
Used mobile phones including the Apple iPhone are displayed for sale at a shop in Jakarta on January 8, 2025. (AFP)
TT

Apple Still Barred from Selling iPhone 16 in Indonesia Despite Investment Deal, Minister Says

 Used mobile phones including the Apple iPhone are displayed for sale at a shop in Jakarta on January 8, 2025. (AFP)
Used mobile phones including the Apple iPhone are displayed for sale at a shop in Jakarta on January 8, 2025. (AFP)

Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there, as it has not met domestic content rules, the industry minister said on Wednesday.

Last year, Indonesia banned iPhone 16 sales after Apple failed to meet requirements that smartphones sold domestically should comprise at least 35% locally-made parts.

Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that still would not count as a locally-made iPhone part.

"There is no basis for the ministry to issue a local content certification as a way for Apple to have the permission to sell iPhone 16 because (the facility) has no direct relations," he said, adding the ministry would only count phone components.

Indonesia's investment minister said late on Tuesday the factory would be worth $1 billion and that it would start operations next year.

Agus, who held two days of meetings with Apple's vice president of global government affairs Nick Ammann, said Apple had proposed "innovative investment" which Indonesia had countered.

Apple has no manufacturing facilities in Indonesia, a country of about 280 million people, but has since 2018 set up application developer academies.