News

Lucid Motor, a new electric vehicle startup, has signed an agreement with the Kingdom of Saudi Arabia for the purchase of up to 100,000 electric cars. Saudi Arabia is one of richest countries in the world. This deal represents the biggest procurement of EVs in history. ...  more

Apple may name its Apple Car project as Project Titan. According to a renowned leaker, the research team at the company plans to utilize a significant volume of titanium alloy in its design, and commission Foxconn, a long-term OEM of iPhones, to assemble and manufacture the vehicle, with the iPhone itself being used as the car key. Apple Car is expected to be priced at no less than US$100K, and will be announced in 2025 for the high-end EV market. ...  more

Demand is outstripping supply for battery cathode materials such as iron phosphate (FePO4) and lithium iron phosphate (LiFePO4) due to the boom in the NEV industry. ...  more

Electric vehicle start-up Rivian has won a US$1.5 billion grant from the Georgia state government to build a new factory with an annual capacity of 400,000 vehicles and an estimated 7,500 new jobs in what appears to be a win-win. ...  more

California had previously stipulated a target of attaining 100% zero-carbon electricity or power supply through renewable energy by 2045, and the state had temporarily approached its target several days ago, where the power generation through renewable energy fulfilled the demand for the first time. ...  more

Electric vehicle start-up Rivian has won a US$1.5 billion grant from the Georgia state government to build a new factory with an annual capacity of 400,000 vehicles and an estimated 7,500 new jobs in what appears to be a win-win. ...  more

Beiyuan Group announced in late April that it will be setting up 300MW of PV generation in Yulin, a prefecture-level city in China’s Shaanxi Province. ...  more

In the face of inflation, China’s lockdown measures, and supply chain issues, Delta commented at the investor’s conference that the company is expected to remain on a double-digit growth this year amidst robust dynamics in EVs and servers. ...  more

Indonesian IPP Quantum Power Asia and Germany PV project developer Ib Vogt (stylized as “ib vogt”) have jointly proposed a plan to set up 3.5GW of PV generation capacity and 12GWh of energy storage capacity in Indonesia’s Riau Archipelago. The total investment in the project is estimated around USD 5 billion (or EUR 4.64 billion). Once in operation, the project will supply electricity to end users in Singapore rather than those in Indonesia. This story was first reported by other renewable energy news websites. ...  more

Xinjiang’s Department of Industry and Information Technology announced in late April that a hearing will be held on a proposed project for the manufacturing of ultra-thin glass panels for PV modules. The developer of the project is Hoshine Group (Hoshine Silicon Industry Co. Ltd.) that is now enlarging its portfolio to include products for PV applications. ...  more