News

Responding to Tesla’s Promotion in China, NIO Says Competitor’s Low Price Reflects True Value of Its Cars

published: 2021-01-22 18:30
Last week, Chinese EV manufacturer NIO debuted its first commercially available model, the ET7. With a price tag of around RMB 448,000, the ET7 is noted by various media outlets as being more expensive than Tesla’s Model Y in the domestic market. In an effort to expand its market share in China, Tesla is offering its electric SUV — the Model Y — at RMB 339,900. However, this low price applies only to the vehicles made at Tesla’s production plant in China. ...  more

When Will the Perovskite Solar Averages as Low as US$0.02/kWh Become Mainstream?

published: 2021-01-21 18:30
The affordable, lightweight, and flexible emerging solar material perovskite is rising annually in conversion efficiency, which resulted in its popularity around the world, and scientists in various countries are currently seeking for solutions in large-sized modules and durability, as well as the expedition of commercialization. ...  more

South Australia Achieves One Day of Being Powered by Just PV Systems and Wind Turbines

published: 2021-01-21 18:30
Thanks to its abundant sunshine, South Australia was able to have PV generation meet all of its electricity demand for one hour on October 11 of last year. Soon afterward, the state achieved another major feat of being powered completely by renewables. The Energy Transition Hub, which is a project launched by the University of Melbourne, has been tracking the distribution of energy sources in Australia using a data collection tool known as OpenNEM. It has found that solar PV and wind power accounted for 99.6% of the electricity in South Australia’s grid on December 27 of last year, a just a few days before the end of the holiday season. ...  more

Kymco Dominates Market for 21 Consecutive Years with Almost No Inventory of Phase-7 Model Left Under Government Subsidy

published: 2021-01-20 18:30
Kymco celebrated its 21 years of dominance in the scooter market of Taiwan at the Taipei Motorcycle Show that opened on January 7th. The company is once again crowned as the sales leader in 2020 with over 350K scooters sold throughout the year, and CEO Ko Chun-ping commented that the phase-7 eco vehicles subsidized by the government have sold significantly well, with almost no inventory left, after the implementation of “equality between fuel and electric vehicles”. ...  more