News

Foxconn will be hosting HHTD22 on October 18th. After releasing the video for the EV pickup Model V, the company has released today the teaser for its brand new EV Model B that has a shining red body, which also indicates that both Model V and Model B will be the two spotlights for this year’s HHTD. ...  more

Chinese renewable energy news outlet reported that an event was held to celebrate the commencement of construction for a demonstration rooftop DG PV project at a factory site in Shanghai on September 28. ...  more

Major Chinese lithium supplier Ganfeng Lithium maintains an aggressive pace in its investment activities. On September 28, it disclosed that it has signed a new strategic cooperation agreement with the government of Yichun for the joint development of a project that encompasses lithium resources, Li-ion battery materials, new types of Li-ion batteries, and products for various energy storage applications. Ganfeng signed this agreement just after it had announced a capital injection of more than RMB 6 billion into GFL International and Jiangxi Lingneng Lithium Industry. Yichun is a city in China’s Jiangxi Province. ...  more

On October 10, a joint venture of SAIC and Tsingshan Group held a ceremony to celebrate the commencement of the construction of a base for the manufacturing of NEV power battery systems. Located in the New Energy Industrial Park of the Liudong New Area, the base entails an investment of RMB 10 billion and is set to have a production capacity of 20GWh per year. Liudong New Area is part of Liuzhou, a prefecture-level city in China’s Guangxi Province. ...  more

Despite constant acceleration in the global trend of EV growth, automotive leader Toyota is still pessimistic towards EVs, as the company is not convinced that the government’s prohibition in fossil-fuel vehicle sales would come to fruition on the one hand, and disagrees with the 100% electrification strategy of other auto manufacturers on the other hand. ...  more

Qinghai Lihao Semiconductor Material Co. Ltd. announced on September 27 that it has completed the Series B fundraising. Investors include CJS International (CTG). ...  more

The government of New York City initially aimed to electrify all non-emergency vehicles by 2040, and has now attained the first phase target of 4,000 units that was originally set for 2025. ...  more

Flow batteries are long in lifespan, and convenient in assembly and expansion, while also capable of storing 1-20 hours of batteries. Chinese vanadium redox battery (VRB) supplier Rongke Power has now constructed the largest VRB energy storage plant in Liaoning, which is scheduled to commence operation starting from October. ...  more

On September 21, Hongling New Energy Technology (Urumqi) announced that it has signed an agreement to develop a high-purity polysilicon manufacturing project in a small and medium-sized enterprise incubation industrial park that is located in Urumqi’s Midong District. ...  more

After the 2011 Tohoku earthquake and tsumami, the Japanese government changed its energy policy and planned to develop safer nuclear reactors. To this end, Mitsubishi Heavy Industries announced that it will jointly develop a new nuclear reactor (SRZ-1200) called an "advanced light water reactor" with four Japanese power companies. It is currently expected to be completed and constructed in mid-2030. ...  more