New Wave of Inflation Fermenting within the Industry Chain as Constrained Polysilicon Provision Persists

With the arrival of the heat wave in Europe, natural gas and nuclear power plants are unable to fully exert their generation under such high temperature, and has thus resulted in power inhibitions for the entire continent. Fortunately, Bloomberg’s model projects that Europe’s wind power generation would start to increase next week, which means that not only is the power supply crisis slightly mitigated, but also a reduction in temperature....  more

FamilyMart launched Taiwan's first smart retail electric vehicle (EV) "FamiMobi" which will be the first to drive into Tainan Science Park from August 1st on an initial trial operation basis. ...  more

Companies that are involved in the lithium battery supply chain have been expanding their presence in the solid-state battery segment in the recent years. Among them, major Chinese lithium supplier Ganfeng Lithium has just launched a major project to develop solid-state batteries and scale up production for the related products....  more

Swedish battery manufacturer Northvolt has announced a joint development agreement with Finnish forestry company Stora Enso to manufacture batteries using lignin-based hard carbon produced from renewable wood in Nordic forests. This is also the world's first anode industrial battery made entirely of European raw materials, aiming to reduce carbon footprint and production costs....  more

China’s Li-ion battery industry exhibited high-speed growth during the first half of 2022. One major growth driver was the domestic policies related to capping carbon emissions and achieving carbon neutrality. Another major growth driver was the surging downstream demand....  more