News

Hyundai’s second BEV Ioniq 6 was successively opened for a limited preorder in various markets today. The first batch was sold out in less than a day, and Hyundai will begin delivering this batch starting from April 2023. ...  more

French energy multinational ENGIE announced on October 27 that ENGIE North America has acquired a 6GW portfolio of PV and energy storage projects from Belltown Power in the US. The portfolio contains 33 projects, of which 2.7GW belongs to standalone PV projects, 0.7GW belongs to PV-plus-storage projects, and 2.6GW belongs to standalone battery energy storage projects. ...  more

The Canadian Ministry of Innovation, Science, and Economic Development released a formal notice on November 2 that orders the divestiture of several Chinese investments in Canadian mineral companies. ...  more

As the Chinese industry for Li-ion NEV power batteries continues to grow, the demand for high-purity manganese(II) sulfate is also expected to rise significantly over the next few years. In view of the positive market outlook for manganese-related products, many Chinese chemical and material companies have hastened to expand related manufacturing capacity. ...  more

On November 9, the government of Beijing’s Tongzhou District released a notice about a three-year (2022-2024) action plan for the development of advanced manufacturing businesses in the sub-centers of the greater Beijing metropolitan area. ...  more

Amidst the continuously expanding topic of net-zero emission since 2021, various countries are successively proposing relevant paths and strategies, and businesses are encouraged in procuring green electricity and carbon credits due to ESG. ...  more

According to the quotation from EnergyTrend, on November 9, 2022, the RMB price of mono recycled polysilicon is RMB308/KG; the mono grade polysilicon is RMB305/KG. The US dollar price of polysilicon outside China is US$37.625/KG....  more

The market for energy storage technologies have been expanding rapidly in scale during recent years. Hence, many battery suppliers including CATL, CALB, and Sunwoda have been aggressively building up production capacity for energy storage batteries and energy storage systems. The boom of the market has also attracted companies operating in other sectors, and they have made massive investments in order to establish themselves as new but strong entrants. ...  more

Lithium carbonate is an essential upstream material for the production of Li-ion batteries, and its price has repeatedly climbed to a new high in the recent period owing to the boom in the NEV market. Within the market for lithium carbonate, suppliers are accelerating the pace of their capacity expansion activities in order to meet the growing demand. ...  more

Chinese battery manufacturers have been aggressively adding production capacity outside their home country in recent years as they want to take advantage of the global trend of vehicle electrification. ...  more