News

As part of Biden’s US$1.2 trillion infrastructure bill last year, the Department of Energy will invest US$2.91 billion into the construction of a comprehensive supply chain for li-ion batteries and other energy storage technologies, in turn reducing the US military and US enterprises’ potential of being affected by global activities or foreign suppliers in the future development of EVs or military equipment. ...  more

Foxconn Industrial Internet (Fii) CEO, Brand Cheng, revealed Fii’s 2022 strategic direction last week at the global annual online work conference. He said that in 2022, in addition to consolidating longstanding business advantages, Fii will continue development in the three major fields of Metaverse, new energy vehicles, and semiconductors, creating a second growth curve for company. ...  more

Hainan Drinda Automotive Trim Co. Ltd. (Drinda) announced on December 25 that its subsidiary Shangrao Jietai New Energy Technology Co. Ltd. (Jietai) has entered into an investment cooperation agreement with the management committee of a local economic development zone within China’s Anhui Province to set up a production base for the manufacturing of high-efficiency PV cells. ...  more

PV project developer Lightsource bp and Portuguese utility Dourogás have agreed to form a joint venture that will explore opportunities in the development of green hydrogen production. The establishment of the joint venture was announced by Lightsource on December 23 and reported by various news agencies. ...  more

Tesla’s electric truck Cybertruck is set to experience yet another delay? Reuters indicate that the highly anticipated truck may enter production in 2023. ...  more

Elon Musk announced on January 8 that the price of Tesla's full self driving (FSD)'s high-end package will be increased from US $10,000 to US $12,000 on January 17 for the US customers. ...  more

The MIH Consortium recently announced that it has formed a partnership with the Autoware Foundation to accelerate the development of an integrated solution for autonomous EVs. In particular, the AD/ADAS working group of the MIH Consortium is chaired by Autoware founder and Autoware Foundation founding member Tier IV. ...  more

European solar systems rely on Chinese products. According to Eurostat, three-quarters of EU solar modules imported in 2020 came from China. ...  more

How long does it take to build the world's most popular electric SUV? Tesla Gigafactory Shanghai demonstrated their efficiency in a recent film. At peak manufacturing speed, an average Model Y only takes 45 seconds. ...  more