News

Guocheng Holdings and the government of Mianzhu signed a project investment agreement on December 22. Under the agreement, Guocheng will set up a lithium salts project with a total production capacity of 200,000 tons per year. Mianzhu is a county-level city under the jurisdiction of Deyang, which is prefecture-level city in China’s Sichuan Province. ...  more

In 2022, the EV market continued to thrive. According to the annual figures of vehicle sales among EV makers, Tesla was the unquestionable leader and topped the list by a wide margin. What surprised the market was that the pricey BMW iX delivered a stronger sales performance than the much more economical Kia EV6. ...  more

Enpack, a major Chinese supplier for metal packaging solutions, announced on December 23 that it signed a letter of intent on cooperation with the administration of Gaoyou Development Zone. According to this letter, Enpack will invest around RMB 3 billion to build a plant for manufacturing composite copper foil and aluminum foil used in Li-ion batteries that power new energy vehicles. The Gaoyou Development Zone is located in China’s Jiangsu Province. ...  more

Volkswagen has returned to the Consumer Electronics Show after six years, and introduced the latest member to its ID family, the ID.7 electric sedan, with several new and fun functions. ...  more

BMW is currently expanding its partnership with Solid Power by spending US$20 million on the design and relevant production knowledge of the latter’s solid-state batteries before June 2024, though a certain milestones must be met at the same time. ...  more

Foldable bikes were a sensation a few years back. Will the same concept be applicable on electric scooters? A small foldable electric scooter that was seen from CES might just subvert your imagination. ...  more

To be more sustainable and produce fewer carbon footprints, the energy-intensive data center industry must turn from conventional fossil energy sources to renewable or low-carbon energy sources. Under such circumstances, will small modular reactors (SMRs) be a promising solution in the coming years? ...  more

Japan is no doubt a major automobile producer. However, the thriving electric vehicle market is now dominated by Chinese and other western automakers, which together capture 90% of total EV sales. Japanese players—which used to have full control over the EV market—now only secure a market share of lower than 5%. A major reason is probably the overwhelming success of their hybrid car business. ...  more

Acura’s first BEV has revealed its design, and is currently undergoing road tests. Honda stated that this new vehicle will officially release in 2023. ...  more

According to the latest data of SolarPower Europe, Europe had installed 650K units of residential battery energy storage systems in 2021, and has now exceeded a million units in 2022. ...  more