News

On March 12, PHYLION New Materials and BOTREE signed an agreement to develop a new project for recycling NEV power batteries in the Huaibei Hi-Tech Recycling Industrial Park. The project is set to have a processing capacity of 40,000 tons per year. The industrial park is located in China’s Anhui Province. ...  more

On March 12, Xixiang Tianli Lithium Energy entered into a cooperation framework agreement with the government of Yecheng (Kargilik) County. Under the agreement, Tianli will set up a lithium project that comprises prospecting, mining, ore sorting, lithium salt production, and battery material production. The project is expected to be completed within three years and entails a total investment of RMB 6 billion. Yecheng is located in China’s Xinjiang Uyghur Autonomous Region. ...  more

Taiwan’s first Li-ion (lithium-ion) Battery Industry Association was established on March 10, which will assist in consolidating upstream, midstream, and downstream operations and creating a circular economy within the industry. Taiwan has spent years developing its Li-ion battery industry, amassing technical skills, manufacturing expertise, and a complete supply chain. ...  more

Hon Hai, also known as Foxconn, has announced a massive investment in renewable energy at its Wisconsin plant. On March 9th, the company declared that it has invested over $1 billion in the plant and will employ over 1,000 workers locally. The announcement came as Hon Hai unveiled plans to expand the use of solar power in its manufacturing process. ...  more

Despite comprehending urgency in mitigation for climate change that requires swift actions in energy and industry transformations, governments of various countries still managed to arrive at an all-time high in subsidization for fossil fuel energy at US$1 trillion during 2022. ...  more

On March 8, Sunwoda announced a plan to issue no more than 599 million shares to a maximum of 35 specific investors. With this private placement, Sunwoda aims to raise up to CNY 4.8 billion that will be used to fund the followings: (1) the development of a project for manufacturing and testing SiPs; (2) the development of a project for manufacturing high-performance Li-ion cylindrical batteries for consumer electronics; (3) the supplementary working capital. ...  more

As the first step towards the global market, Taiwan Carbon Assets’ (TCA) smart charging brand BEGIN partnered with Australia-based OAK Energy to hold an inauguration ceremony of smart chargers in Hope Island Marketplace, a destination in Gold Coast, Australia. This milestone demonstrated that the vehicle charging company has expanded its services overseas. ...  more

Nissan, once a leader in electric vehicles, had reportedly been looking to make a comeback with its all-electric SUV, the Ariya. However, recent reports indicate that the company may not be able to produce even one-third of its original target of 150,000 Ariya EVs per year due to production capacity issues. This comes as a significant blow to the automaker, which had been counting on the Ariya to lead its resurgence in the competitive EV market. ...  more

Analysis of the International Energy Agency (IEA) pointed out that new power plants around the world will essentially be established on renewable and nuclear energy throughout the next several years, while power generation through fossil fuels that are currently mainstream would gradually phase out due to environmental pollution. ...  more

The perfect triangle space between solar panels and rooftops, despite being a perfect nesting area for birds, comes with risks of electric shocks and fire hazards. A Dutch startup has now released an exclusive fence that can be easily installed without disassembling any modules or the use of any nails, and is able to easily block out nesting from birds.  ...  more