YOKOHAMA, Japan : Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China’s BYD Auto. BYD Auto is part of a wave of Chinese electric car exporters that are starting to compete with Western and Japanese […]
Chinese EV maker Nio to make self-developed battery packs from 2024 – EQ Mag Pro
SHANGHAI : Chinese electric-car maker Nio said that in 2024 it will start making high-voltage battery packs that it has developed itself, as part of a drive to improve profitability and competitiveness to take on rivals such as Tesla. Nio, plans to start producing an 800-volt battery pack in the second half of 2024, its […]
Chinese Solar Cell Producer Sold Over 18.85 GW Monocrystalline PERC Cells In 2021: Aiko Solar – EQ Mag Pro
Aiko Solar’s shipments in 2021 went up 43.20% to 18.85 GW and operating income improved 60.09% to RMB 15.47 billion, on annual basis It has reported net loss of RMB-125.55 million due to negative impact of COVID-19, power cuts in China and tight as well as high priced supply of raw materials Management expects to […]
Chinese PV Industry Brief: Longi, Zhonghuan raise wafer prices
A Chinese industry group has reported rising polysilicon prices and supply chain problems ahead, but GCL Technology said this week that strong polysilicon and wafer prices were the reason its business performed strongly in 2021. Longi raised the price of its M10 (182 mm /247 mm) wafers by 0.6% to CNY 6.86 ($1.04) per piece. […]
Chinese Photovoltaic Industry Association Forecasts China To Install 55 GW To 65 GW New PV Capacity In 2021, After Adding 14.1 GW In H1/2021 – EQ Mag Pro
Chinese solar power installations in H1/2021 grew over 22% annually to 14.1 GW, according to the CPIA. In 2021, distributed generation is likely to drive forward new installations in the country with the CPIA expecting anywhere between 55 GW to 65 GW to be added. China installed 14.1 GW new solar PV capacity in H1/2021, […]
US Envoy Kerry Due to Talk on Climate With Chinese Officials – EQ Mag Pro
BEIJING : Chinese and US officials plan to talk this week about reducing pollution by the world’s two largest economies – an area of potential cooperation between two governments whose relations are strained on other issues. US climate envoy John Kerry is scheduled for meetings with counterparts from the Chinese government beginning Wednesday. Relations between […]
US Firms Request Probe Into Chinese Solar Products Made Overseas – EQ Mag Pro
A group of US solar manufacturers is demanding federal investigations into tariff circumvention by Chinese photovoltaic (PV) cells and module makers exporting from Malaysia, Vietnam and Thailand. The group, dubbed the American Solar Manufacturers Against Chinese Circumvention, has filed petitions with the US Department of Commerce, law firm Wiley Rein LLP announced on Monday. They […]
Chinese Boom Stoking a Doubling of ‘Nearly Everything’ in Clean Hydrogen: BNEF
Global clean H2 market growing rapidly driven by demand in Asian superpower, analyst says in second quarter sector outlook. The global clean hydrogen market is growing rapidly, with expectations “nearly everything” in the market will double in size this year, from electrolyser installations to the number of countries creating H2 strategies, BloombergNEF said in its […]
U.S. Set to Add More Chinese Companies to Blacklist Over Xinjiang
The additions to Commerce Department’s Entity List are part of the Biden administration’s efforts to hold China accountable for human rights violations, the sources said. The Biden administration is set as early as Friday to add more than 10 Chinese companies to its economic blacklist over alleged human rights abuses and high-tech surveillance in Xinjiang, […]
Chinese EV Battery Maker CATL Extends Deal With Tesla
BEIJING : Chinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025. Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, […]
