On December 15th, GX Hi-Tech privately issued shares to Volkswagen (China) Investment Co., Ltd., completed the registration of new shares and officially went public, and the transaction that lasted more than a year was finally settled. But the long-awaited surge in stock prices did not come. On the contrary, GX High-Tech’s stock price started a…
Energy Fund Partner Zhang Li: Carbon Neutrality Starts Investment 3.0 Era According to Zhang Li’s understanding, the development of venture capital has undergone three evolutions. The investment in the carbon neutral era will usher in the 3.0 era of venture capital. If the ecological understanding is not in place, it will be quickly eliminated. The…
LG New Energy is about to IPO, valuation is close to 60 billion U.S. dollars after listing. The combination of battery raw materials is the key, one of the largest electric vehicle battery companies in the world is about to go public. South Korea’s LG Energy Solution, which produces battery packs for manufacturers such as…
In the era of electric vehicles, Hyundai still has high hopes for hydrogen vehicles South Korean consumers are not as enthusiastic about hydrogen fuel vehicles as Hyundai Motor hopes, and South Korea has the most hydrogen fuel cell passenger cars in the world. Bold moves Since taking office at the end of last year,…
In 2022, new energy + energy storage will prosper! Outbreak Recently, at the Sixth China Energy Storage Western Forum that it is expected that by the end of this year, China’s new energy storage capacity will exceed 4 million kilowatts. The energy storage industry is in the early stages of its…
Exclusively for ride-hailing service Arrival showcases an electric car prototype in cooperation with Uber In May of this year, British electric car company Arrival and Uber, a U.S. ride-hailing service company, jointly developed an electric car dedicated to ride-hailing services. Today, Arrival unveiled its first car prototype. The purpose of the cooperation between the two…
Lithium iron phosphate battery or ternary battery? Maybe you want it all! Lithium iron phosphate battery ( Lifepo4 )and ternary battery, who is the future of lithium battery? In terms of performance, price, stability, etc., both have their own advantages and disadvantages. In the past three months, many ternary material battery companies in the…
The US Securities Regulatory Commission cools down the electric car SPAC boom Lucid’s parent company passed SPAC’s deal with lithium battery backed electric car startups in July, which seems to be tailor-made. Retail investors welcome deals between SPACs and electric car manufacturers. A crackdown A crackdown on SPAC (blank cheque company, also known as…
Galp and Northvolt will build Europe’s largest lithium power plant The largest in Europe The plant will be located in Portugal, where the largest lithium deposit is located in Western Europe, with a target annual output of 35,000 tons of battery-grade lithium hydroxide, which can power approximately 700,000 electric vehicles. The Portuguese oil and…
Lithium batteries and supporting metals are driving changes in global mining investment A qualitative revolution There will be a qualitative revolution in the power energy market. Under this trend, in addition to the development of local lithium ore, China’s foreign investment in comprehensive raw materials for new energy batteries will become important. Lithium power…
Toyota will spend 35 billion U.S. dollars to develop electric vehicles The company plans to launch 30 electric vehicles by 2030 and sell 3.5 million battery-powered vehicles each year. Toyota said it will invest 35 billion U.S. dollars to switch to electric vehicles. The world’s largest automaker is preparing to compete directly with Tesla and…
EV maker, wind power, solar power, EV power batteries, lithium battery energy storage and carbon neutrality, the industry based on lithium battery power and energy storage is developing rapidly General Motors General Motors plans to invest more than $3 billion to produce electric vehicles in Michigan. One of the projects will transform…