News

EV Lithium Iron Phosphate Battery Battles Back, Market Share to Exceed 60% in 2024

published: 2022-05-20 9:30
The lithium battery, a key component of electric vehicles, ushered in a miraculous reversal. The proportion of lithium iron phosphate batteries reached 52% last year, surpassing that of ternary batteries. In the first quarter of this year, it continued to grow. Analysts estimate that its market share will exceed 60% in 2024. ...  more

Silicon China: Polysilicon Prices Hold Steady as Supply Remains Tight

published: 2022-05-20 9:30
Silicon China, a branch of China Nonferrous Metal Industry Association, released its latest notice on the price trends of polysilicon materials used in the manufacturing of PV products on May 18. This update pertains to prices in China during this week (i.e., the week of May 16). ...  more

Apple Might Need to Finalize the Selection of Apple Car's Major Contract Manufacturer Before October; Magna Is the Most Likely Candidate, Says Analyst

published: 2022-05-19 9:30
Foxconn announced the purchase of its first electric vehicle production base in North America on May 12th. The announcement had led some market observers to believe that it will become Apple’s main manufacturing partner for the long-rumored Apple Car. However, an anonymous analyst has recently argued that the Austrian automotive contract manufacturer, Magna Steyr, is actually the more likely candidate due to its rich car-making experiences for auto brands. ...  more