SHANGHAI : BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights the pressure on legacy brands in the world’s largest auto market. Tesla’s retail sales in China also nearly doubled in November, from a year earlier, after […]
Geely to Develop a New 12GWh LFP Battery Manufacturing Project in Anhui – EQ Mag
Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group and an affiliate of Geely Auto, has inked an agreement to set up an EV power battery production site in China’s Anhui Province. The production site is located in Ningguo, a county-level city within the province. Furthermore, the site will comprise production lines for manufacturing […]
Why China’s dominance of electric vehicle supply chain must be countered – EQ Mag Pro
It is too risky and expensive for India to be dependent on imports across the energy transition board, particularly EVs. At higher ends of the value chain, from battery cells onwards, there is a need to invest much more. The start of COP27 in Egypt has renewed the world’s focus on climate change. Electric vehicles […]
China’s UEG Plans Solar Shift In Iraq Operations – EQ Mag Pro
Plans for up to 1GW of solar capacity at the Siba wet gas field as well as 200MW of wind throughout Iraq suggest China’s UEG is eying a shift to renewables. Chinese private sector firm UEG is awaiting approval from Iraqi state Basrah Oil Company (BOC) for a 200MW solar PV project it plans to […]
JinkoSolar Exceeds Shipment Guidance In Q3/2022 – EQ Mag Pro
JinkoSolar’s annual revenues for Q3/2022 increased to $2.74 million with 127.8% improvement It shipped 10.9 GW total solar during the quarter including close to 3 GW of n-type products Shipments to China increased 5 times YoY and to the global markets these doubled JinkoSolar has increased its FY2022 shipment guidance to between 41.5 GW to […]
China’s Hydrogen Ambition In The Global Green Technology Race – EQ Mag Pro
China is one of the largest energy consuming countries in the world. China’s energy consumption is currently facing serious threats both in terms of scale and composition. In 2019, coal accounted for 57.7 percent of China’s total energy consumption (a decrease of 1.5 percentage points from the previous year), oil accounted for about 19.3 percent, […]
China’s RenShine Solar Reports ‘World Record’ Steady-State Efficiency For Perovskite Tandem Cell Module – EQ Mag Pro
Renshine Solar has reported a world record steady-state efficiency of 24.50% for all-perovskite tandem cell module It achieved the efficiency for a perovskite module with an area of 20.25 cm²; the efficiency is certified by Japan’s JET The company plans to bring online a 150 MW mass production line at the Changshu Economic Development Zone […]
BYD flags huge quarterly profit jump as China sales surge past Tesla
China’s biggest electric car maker, said third-quarter net profit likely more than quadrupled as it extends its sales lead over Tesla Inc (TSLA.O) in the world’s largest auto market. Shares in BYD jumped. Having ditched gasoline vehicles from its product mix this year, BYD has, more than any other automaker, been able to capitalise on […]
Sinopec Produces China’s First Batch of Large Tow Carbon Fiber – EQ Mag Pro
SHANGHAI : China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has successfully produced China’s first batch of large tow carbon fiber at the company’s production base in Shanghai, making the company the first in the country and fourth in the world to possess large tow carbon fiber technology. Sinopec’s production line has adopted its self-developed […]
China’s Transition to a Low-Carbon Economy and Climate Resilience Needs Shifts in Resources and Technologies – EQ Mag Pro
Beijing : Climate change poses a significant threat to China’s long-term prosperity. At the same time, the country is well positioned to meet its climate commitments and transition to a greener economy while meeting its development goals, according to a World Bank Group report released today. The World Bank Group’s Country Climate and Development Report […]