News

US EV startup Lordstown announced in mid-November last year that the delivery of its electric pickup truck “Endurance” would be delayed due to component shortages and supply chain challenges. However, the pickup truck has recently re-entered development and is currently in the pre-production phase thanks to the help of Foxconn. ...  more

Ibri 2 (II) IPP PV Project, which is the largest utility-scale PV project in Oman to date, has been officially launched. An inauguration ceremony for the project was held this January 24 and was attended by government officials including Faisal al Busaidi, Oman’s Minister of Interior. This story was first reported by local news outlets such as Oman Daily Observer and other renewable energy news websites. It should be noted that Ibri 2 actually began supplying power in November last year. ...  more

Rubber is an insulator, and is essentially not an ideal electrolyte material for lithium-ion batteries, though Georgia Institute of Technology has managed to develop a highly conductive rubber material, and the particular flexible electrolyte makes it possible in creating EV batteries that are safer and longer in driving range. ...  more

China Energy Investment Corporation (CEIC), which is owned and managed by the Chinese government, held a press event in late January to report on the progress that it made last year in the development of renewable energy projects. The followings are some of the takeaways from the event, which was first covered by local Chinese news outlets. ...  more

South Korean market research institute SNE Research announced the global installed capacity of power batteries among EVs during 2021 on the 7th, where Chinese leading battery supplier CATL occupied a market share of 32.6%, and managed to sit at first place for the fifth consecutive year. ...  more

Aeon Motor’s smart scooter continued to grow in 2021. Relying on a comprehensive product line and innovative smart instruments, Aeon resolutely retains second place in the turbulent electric scooter market. Total number of vehicles sold has also exceeded 20,000, becoming the most successful partner in the PBGN Alliance. ...  more

Swedish auto manufacturer Volvo announced its partnership with battery manufacturer Northvolt regarding the construction of a 50GWh battery plant in Gotherburg, Sweden, that will satisfy 500K of EVs each year, and is expected to create 3,000 job opportunities. ...  more

According to reporting by Chinese news outlets, the government of China’s Hainan Province held a press conference on January 25 to explain its plan for “the realization of the values of ecological products”. ...  more

Swedish-Chinese car maker VOLVO and Swedish Li-ion battery manufacturer Northvolt announced on February 4 that they have selected the Swedish city of Gothenburg as the site of a new jointly-developed gigafactory. ...  more

Silver is not only a precious metal but also has many industrial uses. As the green economy rises, the market expects that silver will play a key role in the coming boom. Now that silver is in short supply, experts believe a long-term structural shortage of silver is likely looming in the future. ...  more