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…
Compared with new energy vehicles, the shortage of raw materials has a greater impact on the battery energy storage industry. Battery energy storage The energy storage industry has ushered in a period of rapid development, Tesla CEO Elon Musk believes that battery energy storage BESS is an important sector that is indistinguishable from new…
Renault reportedly considering cutting stake in Nissan to support transition to electric cars Switch to EVs Renault is said to be considering selling some of its Nissan stake in a deal that could raise billions of euros for its switch to lithium battery powered electric vehicles and ease longstanding tensions with alliance partners Nissan…
China held a symposium on the supply chain of automobile batteries to guide the rational return of lithium prices Lithium prices have surged nearly 500% in the past year, the burgeoning electric car industry is dealing with risks from rising costs. China wants lithium prices back to sustainable levels. According to a March statement from…
The price of upstream raw materials breaks through the “ceiling”, can lithium battery companies bear the burden? Since 2021, lithium salt prices have continued to rise. Today, lithium salt prices have once again broken through the “ceiling”. On February 23, the price of lithium salt rose further. On the same day, the price of industrial-grade…
4680 lithium battery mass production leads the technological innovation of lithium batteries. What are the changes ? What are the changes in the demand of each link of the lithium battery industrial chain? In the first quarter of 2022, Model Y loaded with 4680 batteries will be delivered. It is expected that by the…
Japan begins to embrace electric cars, Tesla will no longer be “niche” Toyota, Nissan and Honda have all rolled out new EV strategies Higher stock price “The fact that Tesla’s stock price is higher than Toyota’s has greatly boosted its brand awareness in Japan” The number of EV owners in Japan is increasing day…
The demand for lithium raw materials has increased greatly, and the cost of batteries has risen Prices soared Prices for electric vehicle batteries are set to rise again in 2022 after a decade of sharp declines as supplies of lithium and other raw materials struggle to keep up with ballooning demand. The benchmark price…
EV maker ELMS is focusing on making affordable electric commercial vehicles ELMS is now building and delivering pure electric vans, with a manufacturing facility at an old Hummer factory in Indiana that was converted to make electric vehicles. Taylor was a former General Motors executive: He was in charge of the Cadillac and Hummer brands.…
Volkswagen and Toyota defend their turf in a way that is very different from the proud German and Japanese industrial giants one can usually imagine, and executives at both companies know all too well that the transition away from the internal combustion engine will not be an orderly progression. An epic battle This epic…
The demand for lithium raw materials has soared, and the cost of batteries has risen Supply & demand imbalance As the supply of lithium and other raw materials is difficult to meet the expanding demand, the price of electric vehicle batteries will rise again in 2022 after a decade of sharp decline. While mining…