News

Foxconn and NXP Semiconductors today jointly announced the signing of a Memorandum of Understanding (MOU) to develop a next-generation smart connected vehicle platform in partnership. Foxconn Chairman Young Liu and NXP President and CEO Kurt Sievers connected to the signing site from Taiwan and Germany respectively through video conference to complete the signing of the memorandum. ...  more

Is the direct air capture (DAC) technology effective in lowering the concentration of carbon dioxide in the atmosphere? The answer remains to be seen, though it is starting to look quite promising, since Swiss company Climeworks has started construction for its second DAC plant Mammoth in Iceland. ...  more

Previously, a heat wave hit Japan with high temperatures exceeding 40 degrees Celsius in many places for nine consecutive days. Last month could be said to be the hottest June in Japan since 1875. ...  more

Many batteries cannot stand up to harsh weather conditions but recently American scientists have developed batteries that can perform well in extreme heat and cold, from up to 50°C to -40°C, and store a lot of energy. ...  more

The highly anticipated new 4680 battery of Tesla has finally been configured by the MIT Model Y, though the fast charging speed from 0-80% is not as remarkable as expected. ...  more

The obstacles preventing car owners from switching to electric vehicles have reduced to the one and only factor in many countries, which is pricing. It is the case for UK consumers at least. ...  more

Many Chinese companies involved in the lithium battery industry are projecting impressive financial results for the first half of this year because of the continuing boom in the global market for new energy solutions. ...  more

Siemens Gamesa announced on the 18th that it has delivered all 111 wind turbine nacelles in the first phase of the Orsted Greater Changhua 900MW southeast and southwest offshore wind farms. This milestone not only represents the implementation of technology transfer but also demonstrates the substantial achievement of the localization of nacelle assembly ahead of schedule. ...  more

On July 4, Jiangsu Ruitai New Energy Materials (Co. Ltd.) announced that its holding subsidiary Zhangjiagang Guotai Huarong Chemical New Materials (Co. Ltd.) has signed a volume and price agreement with FREYR Battery Norway (AS). Under the agreement, Guotai Huarong will supply Li-ion battery electrolyte to FREYR from July 2023 to December 2028. ...  more

Shanshan Group, a major Chinese supplier for battery materials, has been ramping up efforts to expand its production capacity for anode materials used in Li-ion power batteries since the start of this year. ...  more