Major Chinese carmaker SAIC lately held a groundbreaking ceremony for its new industrial park in the Hemaraj Eastern Seaboard Industrial Estate in Thailand’s Chonburi Province. Spanning an area of 120,000 square meters, the industrial park will accommodate manufacturing facilities for NEVs and related key components. The industrial park will be developed in multiple phases. The first phase will involve the setup of new production lines for NEV power battery modules and packs. The production lines are expected to be built within 2023, and the entire industrial park is scheduled for completed by 2025. SAIC said the industrial park is intended to meet the demand from Thailand as well as the entire ASEAN market. ...  more
News
EV Demand Boosts Lithium Exports, Australia’s Lithium Exports Set to Rival Coal by 2028 |
published: 2023-05-17 9:30 |
As the world gradually transitions from fossil fuels to clean energy, the demand for lithium, a critical component in lithium-ion batteries, has skyrocketed. Australia estimates that within five years, the revenue generated from lithium mining will equal that of thermal coal. ...  more
Honda Emulates Apple’s Supply Chain Approach for Cost-Efficient EV Production |
published: 2023-05-17 9:30 |
Honda is taking cues from Apple’s supply chain management style to boost EV production capacity by directly engaging with suppliers and ensuring the availability of components, with a focus on batteries and chips. ...  more
Tung Tzu-Hsien Urges Reactivation of First and Second Nuclear Power Plants; Wang Mei-hua: Fuel Rods Still Inside Reactor Core |
published: 2023-05-16 9:30 |
Tung Tzu-hsien, Chairman of Pegatron, recently commented that the priority is no longer nuclear-free, but carbon-free, and urges the government to reactivate First and Second Nuclear Power Plants, allowing nuclear power to occupy 15-18% of power generation, which not only reduces carbon emission but also lowers electricity prices. ...  more
Na & Li Technology Has Received Tens of Millions of Yuan from Angel Investors and Put Its Pilot Production Line into Operation |
published: 2023-05-16 9:30 |
Na & Li Technology, a Chinese startup specializing in cathodes for solid-state batteries, announced in late April that it has completed the seed funding round and secured tens of millions of yuan from angel investors. The amount raised from the seed funding round is going to be used to build a pilot production line, procure raw materials, and recruit more talents. The angel investors included Canmax, Soochow Investment, and Casstar. ...  more
Mutual Offshore Wind Power; Denmark and Germany Look Into Hybrid Offshore Power Interconnectors |
published: 2023-05-15 9:30 |
Denmark and Germany are major advocates in decarbonization, and have been vigorously developing offshore wind power, where the offshore wind farms of both countries not only serve as the source of carbonless renewable power, but could also become the reciprocating bridge for the power grids of the two countries. ...  more
Low Material Cost and Environmentally Friendly; What are Additional Challenges for Commercialization of Zinc-Ion Batteries? |
published: 2023-05-15 9:30 |
Zinc-ion batteries come with many advantages, such as an abundance of zinc crust, affordance price tag, matured recycling technology, ability to store a mass amount of power, as well as the use of water-based electrolytes instead of the highly flammable organic solvents. However, there is still a long way ahead for the particular technology to attain commercialization, and now Swiss scientists could possibly take the first step in such direction. ...  more
Samsung SDI and GM Will Invest Over USD 3 Billion to Build EV Power Battery Plant in US |
published: 2023-05-15 9:30 |
After SK On’s announcement that it has formed a joint venture with Hyundai to set up an EV power battery plant in the US, Samsung SDI as the other major South Korean battery supplier is following suit. ...  more
Tesla Begins Construction of Lithium Refinery in US |
published: 2023-05-15 9:30 |
In April of last year, Tesla’s CEO Elon Musk announced via an online post that his company was planning to make a full-scale entry into mining and refining lithium. Now, over a year later, Tesla has started to take concrete steps towards this goal. On May 8 of this year, Elon Musk held a groundbreaking ceremony for a new lithium refinery in Corpus Christi, Texas. Among the attendees of the event was Texas Governor Greg Abbott. ...  more
Gazelle Unveils New Floating Offshore Wind Platform Technology Aiming to Accommodate Turbines up to 20MW |
published: 2023-05-12 15:25 |
Gazelle, an Ireland-based foundation developer for floating wind farms, announced the third-generation technology of floating wind platforms, claiming that it is able to accommodate large offshore turbines up to 20MW with reduced weight, a lower cost, and a decrease in submarine cable tension. ...  more