The wind turbine tower is made in a new way, and the transportation is more convenient! Recently, Keystone, an American wind power tower manufacturer, announced the launch of the world’s first commercial production of a spiral welded tower project in Texas, USA. The company claims that this welding method can effectively reduce the production and…
Toyota launches home energy storage system( ESS ) that can be powered by new energy vehicles New battery system Toyota Motor (TM.US) released a new battery system for homes on Thursday, which can combine the whole-house power system with solar panels, power grids, and new energy vehicles to provide a home power solution. It…
Nickel tops $30,000, lithium supplies are in trouble, demand for electric vehicles pushes up metal prices Nickel prices on the London Metal Exchange (LME) rose as much as 7.1%. Market liquidity is low and there are signs that investors and industry hedge traders continue to trim nickel exposure following the March short squeeze Prices…
The energy storage market is accelerating, what will manufacturers compete for in the future? These include the second largest wind turbine manufacturer in China and the top 10 lithium power battery manufacturers in the world. More new entrants More new entrants appear in this year’s list of energy storage industry technology alliances, many new…
Competitive situation and future prospect of power battery industry From the perspective of business models, with policy support and manufacturing barriers, the power battery industry is a sector that is difficult to be affected by macroeconomic fluctuations in the short term, and is full of imagination and certainty in the long run. “one superpower…
Global carbon pricing revenue to reach $84 billion in 2021. All Chinese state-owned listed companies to disclose ESG reports by 2023. China Salt Lake Co., Ltd. invests in the construction of a 40,000-ton lithium salt project The World Bank released the 2022 Global Carbon Pricing Status and Trends Report. According to…
Goldman Sachs, battery metals bull market has come to an end, lithium prices expected to fall to more than $16,000 per ton next year. Investors’ enthusiasm leads to oversupply, “investors are fully aware that battery metals will play an important role in the global economy in the 21st century” Goldman Sachs’prediction …
Rising fuel costs offset slowing electricity prices, Spanish inflation unexpectedly accelerates, rising electricity prices lead to a sudden acceleration of inflation across EU countries. Inflation accelerated Inflation unexpectedly accelerated in Spain, denting hopes that record prices in the euro zone are peaking and putting more pressure on the ECB to act. …
Tesla and other EV companies demand federal government to invest in heavy-duty truck charging infrastructure. Joint demand Tesla joins other EV companies and environmental groups in demanding that the Biden administration invest in charging infrastructure for electric buses, trucks and other medium- and heavy-duty vehicles. The groups want the U.S. government to spend 10…
Auto stocks have been prominent performers in China’s stagnant stock market。 Tax cut The tax cut will be one of the most effective policies to boost EV car sales, exceeding market expectations and expected to drive 1 million to 2 million new passenger car demand. China’s A-shares recovered 3,100 points and were stuck in…
Electric vehicles overtake mobile phones as top source of cobalt demand Auto industry consumes 59,000 tons of cobalt in 2021, accounting for 34% of total demand as EV and HEV sales double The auto industry will consume 59,000 tons of cobalt in 2021, or 34% of total demand, as sales of electric and hybrid vehicles…