News

Volvo Saw Record-Breaking Growth in Electric Trucks at 254% during Q1

published: 2023-06-08 9:30
Tesla is the EV leader, though Volvo Group has overtaken its competitors in the electric truck field, and is expecting to surpass 50% in battery electric trucks by 2030, before accomplishing its target of 100% battery electric by 2040, after announcing its latest major order recently. ...  more

Two More Billion-Yuan Battery Manufacturing Projects Have Landed in China

published: 2023-06-08 9:30
Due to the promotion of policies related to capping and reducing carbon emissions, the global market for energy storage technologies is experiencing rapid growth. Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. ...  more