News

Over 3,000 EVs Fires per Year in China, Insurance Premiums Leap 20%

published: 2022-10-18 9:30
As fuel vehicles gradually withdraw from the market, the world is chasing electric vehicles but the biggest risk of electric vehicles is not mileage anxiety, but fire. China, which is fastest in developing electric vehicles, saw the problem first. In 2021, the Chinese government reported at least 3,000 new energy vehicle fires and their fire risk is generally higher than that of traditional gasoline vehicles. ...  more

Why Do U.S. Solar Tax Deductions Help Blockchain Development?

published: 2022-10-17 9:30
The United States passed The Inflation Reduction Act in early August, spending $369 billion to support energy transition and combat climate change. While vigorously supporting the development of green energy, it also helps the development of blockchain. ...  more

Thousand KM Hydrogen Truck to be Released in 2025

published: 2022-10-15 9:30
Although hydrogen fuel cells lack incentives for small cars, it still has a future with large trucks. At the 2022 IAA Hannover Exhibition, Mercedes-Benz showcased a hydrogen fuel cell prototype truck, which is expected to be available in 2025. ...  more

Skyworth Auto Inaugurates Its 1.2GWh Battery Production Site in Jiangsu

published: 2022-10-14 9:30
Another Chinese NEV manufacturer has opted to manufacture its own batteries! On October 3, Skyworth Auto held an opening ceremony for its battery subsidiary in the Xuzhou Economic and Technological Development Zone, which is within China’s Jiangsu Province. On that same day, Skyworth’s battery plant also entered operation. ...  more

SVOLT Enters Battery Recycling Market by Forming Joint Venture with CNGR

published: 2022-10-14 9:30
The recent boom in the NEV market has also led to a sharp increase in installations of NEV power batteries. This trend has also raised the concern that after the next few years, China will see a huge quantity of power batteries being decommissioned and discarded. On the other hand, such situation will also provide an enormous opening for businesses and policies related to battery disposal, resource recovery, and environmental protection. ...  more

Foxconn’s EV Model B Debuted with Elegant and Urban Designs

published: 2022-10-14 9:30
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