China Tower plans to purchase 4GWh lithium iron phosphate battery for backup power On May 13, China Tower announced the bidding and procurement of “2022-2023 lithium iron phosphate battery products for backup power”. 4GWh LFP batteries This time, it is planned to purchase 4GWh lithium iron phosphate batteries. The number of proposed winning bidders…
Musk: Using hydrogen for energy storage “the stupidest thing I can think of!” Tesla CEO Elon Musk was asked in an interview at the Electric Vehicle Summit a few days ago if he thought hydrogen could play a role in accelerating the transition from fossil fuels. Musk’s answer: “Hydrogen is the dumbest thing I can…
Heating can eliminate resistance? Japanese scientists break through key bottlenecks, full solid state batteries are one step closer to application One step closer As researchers at Tokyo Institute of Technology, the Association of Iron and Steel Technology (AIST) and Yamagata University have introduced a strategy to restore their low resistance, full solid state batteries…
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,…
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…
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…
Electric cars will eventually curb oil demand. The overall sales of electric vehicles are not balanced, and the surge in electric vehicle sales has not had much impact on the composition of the global automotive market Electric passenger cars are showing strong sales momentum. In the first quarter of 2010, only…