News

Changyuan Lico Plans to Build Cathode Production Base in Fujian

published: 2023-05-23 9:30
On May 17, Changyuan Lico announced that it has signed a letter of intent for investment with the government of Fuqing. According to the letter of intent for investment, Changyuan Lico plans to spend RMB 10 billion to build a base for manufacturing advanced materials that are used in high-performance Li-ion batteries. These products include ternary cathode materials, ternary precursors, and LFP cathode materials. Fuqing is a city in China’s Fujian Province. ...  more

Volvo’s Next EV is a Small SUV Named EX30

published: 2023-05-23 9:30
Volvo’s most anticipated luxury electricity SUV EX90 has yet to be officially available, but the Swedish manufacturer is now seemingly prepared to launch the successor of EX90, a small electric SUV EX30. ...  more

Swedish Micro EV Aims to Combat SUV Dominance in Urban Areas

published: 2023-05-22 9:30
Swedish automotive manufacturer Luvly plans to produce a minimalist ultra-efficient micro EV tailored for city living, addressing growing dissatisfaction with SUV prevalence in urban environments. Luvly’s unique strategy involves flat-packed transport of vehicle components to micro-factories for assembly—similar to IKEA’s model—significantly reducing carbon emissions and alleviating urban traffic congestion. ...  more

Hai Long Holds Commencement Ceremony for Jacket Foundations, Financing Expected to be in Place This Summer

published: 2023-05-22 9:30
Hai Long Offshore Wind and Century Wind Power Co. (CWP) jointly held a ceremony (May 22nd) at the CWP Taipei Port to celebrate the commencement of 21 jacket foundations. This not only represents steady progress in Hai Long project, but also marks a significant milestone in Taiwan’s push for domestic production.  Hai Long Offshore Wind anticipates securing its NTD 150 billion syndicated loan by the upcoming summer. ...  more

SK On and Westwater Resources to Jointly Develop Anode Materials for Li-Ion EV Power Batteries

published: 2023-05-19 9:30
According to the latest reporting by South Korean news media, SK On, a major South Korean supplier of EV power batteries, announced on May 2 of this year that it has entered into a joint development agreement with Westwater Resources. Under the agreement, they will work together for three years to develop anode materials. Westwater Resources is a graphite supplier in the US. ...  more

GSE Launches Decarbonizing Cloud Fleet and Solar Rooftop Technical Warehouses

published: 2023-05-19 9:30
Goldsun Express & Logistics (GSE), in order to respond to Earth Day, has been installing PV equipment on the rooftops of its logistics warehouses since 2021. According to statistics, GSE generated 644,778kWh of power and reduced 341,088kg of carbon in 2021, then proceeded to generating 796,316kWh of power and reducing 422,251kg of carbon in 2022, with a growth of 23% in both power generation and decarbonization. ...  more

Cybertrucks Prepare Delivery for Q3; What’s Up with the Change of Look?

published: 2023-05-18 9:30
Tesla is scheduled to deliver the anticipated Cybertruck starting from Q3, for which users who have preordered have waited for more than 3 years. However, what has aroused the attention of some people is the somewhat different design of the latest prototype compared to what was announced back then. ...  more