China will be leading the global EV market, followed by Europe and US. BEV will have nearly 40% share in the global passenger vehicle market by 2030. FCV will remain niche even in 2030. One in two cars will have an electric powertrain by 2030, according to the latest research from Counterpoint’s Passenger Vehicle Forecast*. […]
China leading the world in EVs, renewable energy: Musk – EQ Mag Pro
Elon Musk on Monday said that whatever the world thinks of China, the country is leading the race in electric vehicles (EVs) and renewable energy. Tesla has one of its Gigafactory in Shanghai that is currently facing logistics issues due to Covid-19 lockdowns and is slowly getting back on track. In a tweet, Musk said: […]
China plans to extend subsidies for electric vehicles amid declining car sales – EQ Mag Pro
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022. China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader economy slows, three […]
Electric car sales soar but raw materials a concern: Report – EQ Mag Pro
Sales of electric cars accelerated last year but the availability of critical raw materials such as lithium risked slowing the sector’s growth, a report warned Monday. At 6.6 million last year, electric vehicles sales more than doubled and they now account for one in 10 new cars sold, according to the International Energy Agency’s annual […]
China in talks with automakers on EV subsidy extension -sources – EQ Mag Pro
SHANGHAI : China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader economy slows, three people familiar with the matter said. The move by policymakers comes as the world’s second-biggest economy has slowed sharply […]
Sunset review anti-dumping investigation concerning imports of Textured Tempered Coated and Uncoated Glass from China PR – EQ Mag Pro
Sunset review anti-dumping investigation concerning imports of Textured Tempered Coated and Uncoated Glass from China PR. For more information please see below link:
Energy Vault starts work on 100MWh gravity-based storage system in China – EQ Mag Pro
Swiss energy storage innovator Energy Vault says it has begun construction of its first commercial scale gravity-based energy storage system, a 100MWh facility located in Jiangsu Province outside of Shanghai in China. The Energy Vault Resiliency Center will be built next to a wind farm in Rudong and deploy its gravity-based EVx energy storage system […]
KSTAR building first Vietnam plant in overseas expansion – EQ Mag Pro
SHENZHEN, China : KSTAR, the global power conversion expert, today announced that its first Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has officially topped out. Occupying an area of 47,715 square meters, KSTAR’s new Manufacturing-Base is located in Haiphong City, the biggest port city in Northern Vietnam. It’s being built to meet the […]
Energy Vault, Atlas Renewable, and China Tianying Begin Construction of First Chinese Deployment of EVx™ Gravity-Based Energy Storage System – EQ Mag Pro
Construction underway since March 2022 for the first 100 MWh EVx system to support grid resiliency and delivery of renewable energy to the Chinese national grid LUGANO, Switzerland & WESTLAKE VILLAGE, Calif. & HOUSTON & BEIJING : Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault), a leader in sustainable, grid-scale energy storage solutions, […]
MIIT: China Produced Around 3 MT PV Rolled Glass & 664,000 Tons Industrial Silicon In First Quarter – EQ Mag Pro
At 2.991 MT, China’s total output of PV rolled glass in Q1/2022 improved 34.2% on annual basis In March alone, there was an increase of 34.3% YoY in production with a total production of 1.038 MT Some PV rolled glass producers curtailed manufacturing due to increased cost of raw materials and fuel, leading to high […]
