Energy


2023-10-06

[News] Chinese Battery Firms Propel Global Expansion: At least five Major Announcements in One Week

According to a recent report by itdcw, several Chinese new energy companies unveiled ambitious overseas expansion plans during the last week of September, with the highest investment commitment reaching almost a billion dollars. This development comes as global demand for batteries skyrockets, d...

2023-10-05

[NEWS] LG Energy Solution to Supply Toyota with 20GWh of High-Nickel NCMA Battery Modules Annually from 2025

Source to LG Energy Solution, LG Energy Solution, and Toyota Motor North America, Inc. (Toyota) today announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the co...

2023-10-03

[Report Highlights] NIO’s New EC6 Hits the Market with OBC Removed across the Entire Lineup

On September 15, 2023, Chinese automaker NIO announced the launch of the new generation EC6, marking a generational shift from its predecessor. The all-new EC6 is built on NIO's nt2.0 platform and represents the final model to be introduced on this platform. ......

2023-10-03

[News] Reportedly, Huawei Sets Up Commodity Hedge Teams in Singapore and Hong Kong

According to a report by China's Jiwei, Huawei is said to be assembling a team focused on commodities trading and hedging of metal and energy commodity products. Posts on the professional networking platform LinkedIn revealed that a month ago, Huawei was actively recruiting for positions such as ...

2023-09-27

[NEWS] Continued Lithium Price Decline Benefits Battery and Auto Makers

Source to China Times, LCE prices in China have persistently declined, with the average price for battery-grade LCE on the 26th standing at CNY 178,500 per ton (CNY is used throughout, same as above), marking a decrease of CNY 2,000 compared to the previous day. Prices remain below the significant t...

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