3 · China''s trade in services rose 16% from a year ago to CNY3.02 trillion (USD415.6 billion) in the five months ended May 31, commerce ministry figures showed today. The biggest category gainer was travel
Jiading Hydrogen Park is one of the first 26 special municipal parks in Shanghai, and it has helped in leading the development of China''s hydrogen industry. The park is home to nearly 60 hydrogen energy and smart auto industry projects, with total investment of more than CNY10 billion (USD1.4 billion). Editor: Tom Litting. Follow Yicai
4 · News Flash. Universities are at a disadvantage compared to the business world in the development of AI because companies can afford the computing power, Stephen A. Schwarzman, chairman, CEO, and co-founder of Blackstone, said at the #WAIC2024 today. Universities have smart brains but must find a better way than supporting only one
5 · (Yicai) July 2 -- Eve Energy''s US joint venture recently broke ground on a new power battery plant, which will be the Chinese lithium-ion battery maker''s third overseas and supply its local commercial vehicle partners. Amplify Cell Technologies held the foundation-laying ceremony in Mississippi on June 28, Huizhou-based Eve announced on June
After a nearly year-long construction phase, the plant, equipped with smart management systems, was finished in June. The company has paid special attention to product traceability. Elevators and escalators will play an important role in the process of China''s urbanization and Otis is developing smart solutions to improve efficiency and
4 · News Flash. 09:41 Jul 08 2024. China''s foreign reserves inched down 0.03% to USD3.2224 trillion as of June 30 from a month earlier, according to data released yesterday by the State Administration of Foreign Exchange. Follow Yicai Global on.
58 · News Flash. 12:43 Jul 08 2024. Huawei opened preorders for its premium sedans Stelato S9 Ultra and S9 Max, priced between CNY450,000 and CNY550,000 (USD61,900 and USD75,700), Richard Yu, head of the company''s smart automotive solutions BU, said today. The S9s, equipped with Huawei''s smart driving system ADS3.0,
New energy storage is the key to building a new power system, Du added. China should improve the quality and upgrade the backbone power grid and build and promote smart grids. The proportion of new energy installed capacity keeps rising, but there is still a big gap between the power support capacity and the conventional power supply,
However, energy storage is in a golden track with great development space and a trillion-level scale, so we decided to take advantage of the trend and expand the energy storage battery business." on may 19, desai battery held a mass production and commissioning ceremony for the first phase of the 20GWh energy storage battery cell
(Yicai Global) Dec. 14 -- Most energy storage firms in China will be able to register with the local spot electricity market, opening the way for them to trade power as independent
The January announcement of China''s first commercial energy storage project -- a 1.5-megawatt, 12-megawatt-hour battery project for GCL Silicon, a solar-cell polysilicon maker -- was the first
audio is not supported! (Yicai) March 6 -- This year''s Chinese government work report proposed accelerating the development of hydrogen energy, mentioning this cutting-edge emerging industry for the first time. This was the first time the hydrogen energy industry was included in a government work report as a cutting-edge emerging sector
Lead-acid (LA) batteries. LA batteries are the most popular and oldest electrochemical energy storage device (invented in 1859). It is made up of two electrodes (a metallic sponge lead anode and a lead dioxide as a cathode, as shown in Fig. 34) immersed in an electrolyte made up of 37% sulphuric acid and 63% water.
Video. MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for decarbonizing electricity.
Xinyuan is a specialized platform for new energy storage technology innovation and integrated application jointly established by CPID and Hyper Strong, and a new industrial
(Yicai Global) Sept. 11 -- The distributed energy storage demonstration built by GCL Intelligent Energy Co. [HKG:0451] and Jiangsu Zhongtian Technology Co. [SHA:600522],
3 · News Flash. 10:24 Jul 08 2024. Mercedes-Benz has become the first foreign automaker to issue a Green Asset-Backed-Security in China, Xinhua reported yesterday. The Class A notes have a size of USD765 million (USD105 million), with an oversubscription of three times and a coupon rate of 1.87%. Follow Yicai Global on.
News Flash. 10:38 Jun 26 2024. Huawei and Seres received a total of 100,000 lock-in orders for their premium SUV M9 that was launched six months ago, Richard Yu, head of the former''s smart car BU, said today. Huawei will unveil the Luxeed S9, the second sedan co-developed with Chery Auto, in August, he added. Follow Yicai Global on.
The meeting further discussed the cooperation between JinkoSolar and NEOM projects, focusing on photovoltaic, energy storage, hydrogen energy and other fields, and working together to create a future smart city powered by 100 percent renewable energy.
SAIC Motor''s sales lumped 11.8 percent in the first half from a year earlier to 1.82 million vehicles, the Chinese automaker said today. Of this, shipments of new energy vehicles surged 23.9 percent to 461,000 units. SAIC Motor will ask the European Commission to hold a hearing on the new tariff the EU has imposed on imports of the Chinese
(Yicai Global) Aug. 2 -- Shares in Contemporary Amperex Technology slid as much as 2.8 percent today after the Chinese electric car battery titan said yesterday that its co-founder, deputy chairman and second-biggest
Global capability was around 8 500 GWh in 2020, accounting for over 90% of total global electricity storage. The world''s largest capacity is found in the United States. The majority of plants in operation today are used to provide daily balancing. Grid-scale batteries are catching up, however. Although currently far smaller than pumped
Income from cloud services and smart devices rose 28 percent over the same period. When Baidu began building the Yangquan cloud center, it was the company''s first large-scale data center. It began
(Yicai Global) Feb. 22 -- Major Chinese automaker GAC Group said it will set up a CNY30 billion (USD4.35 billion) fund to boost its new energy vehicle business. The energy ecology field will mainly invest in key enterprises in GAC''s energy storage and power battery production industrial chain, and the auto chip field will help with GAC''s
Jingu shares (002488.SZ): received notice of designated point of Avatar new energy vehicle Jingu shares (002488.SZ) announced that the company recently received a designated notice from a well-known new energy vehicle main engine factory (limited to confidentiality requirements, unable to disclose its name, referred to as "customer").
In addition to lithium-ion technology, aqueous and solid-state batteries are also emerging as promising alternatives for large-scale energy storage. Aqueous batteries are low-cost,
audio is not supported! CATL Unveils Energy Storage System That Won''t Degrade in First Five Years. (Yicai) April 10 -- China''s Contemporary Amperex Technology launched a new 6.25-megawatt-hour energy storage system which is expected to shake up the renewables market due to its promise of zero loss of capacity in the first five years.
3 · News Flash. 09:58 Jul 08 2024. Dongchedi yesterday denied rumors claiming the Chinese car info and trading platform violated the law for holding a car modification conference. The event was organized by a third party, and the materials with Dongchedi''s name at the scene were leftovers from an earlier event, it added. Follow Yicai Global on.
(Yicai) April 10 -- China''s Contemporary Amperex Technology launched a new 6.25-megawatt-hour energy storage system which is expected to shake up the renewables
SK Technology (688155) announced that from January 20, 2024 to the disclosure date of the announcement, the company and its holding subsidiary Fujian Dongheng have received a total of about 772 million yuan (excluding tax) from CATL New Energy Technology Co., Ltd. (hereinafter referred to as "CATL") and its holding subsidiaries in various
3 · News Flash. 10:35 Jul 08 2024. GAC Group''s sales fell 31% to 163,509 vehicles last month from the prior one, with its first-half sales down 26 percent to 863,038 units from a year ago. Its NEV sales dropped over 30% to 164,097 units in the first six months. Follow Yicai Global on.
Moreover, CATL joined hands with Didi''s unit Orange Energy to promote cooperation in the fields of integrated storage and charging, the firm added. The cooperation with Didi is an important strategic layout in the field of battery charging, CATL said, noting that the pair will quickly open battery-swapping stations, promote battery-swapping car
6 · audio is not supported! (Yicai) July 1 -- China Datang said the first phase of its sodium-ion battery new-type energy storage power station project in Qianjiang, Hubei
Smart Energy Storage: W 18 O 49 NW/Ti 3 C 2 T x Composite-Enabled All Solid State Flexible Electrochromic Supercapacitors Muhammad Hassan, Muhammad Hassan ZJU-UIUC Institute, Zhejiang University, Haining, Zhejiang, 314400 China Search for