News

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

In order to accelerate the pace of vehicle electrification and digitization, Infineon recently announced the launch of a new generation of AURIX microcontrollers (MCUs) which can be widely used in next-generation electric vehicles, advanced driver assistance systems (ADAS), automotive electronics/electrical ( E/E) architecture and artificial intelligence (AI) applications, etc. ...  more

Tesla’s CEO Elon Musk had commented during the company’s 2020 Battery Day event that the company will be developing a US$25K model, but said recently when approached with the topic that there is simply no room in his schedule to deal with new models in the current stage. ...  more

US President Joe Biden has decided to extend Section 201 that targets tariffs on solar cells and panels for another four years, with a mitigated requirement on capacity from 2.5GW to 5GW, and bifacial solar panels will still receive tariff exemption. ...  more

Nuclear fusion finally became real at that instant. In order to create energy comparable to that of stars on earth, scientists have been studying nuclear fusion technology for years, and a scientific research team in the US has recently managed to attain burning plasma through high power laser, where the energy produced from nuclear fusion at that instant had exceeded the total energy input. ...  more