On Wednesday, Contemporary Amperex Technology Co. Limited (CATL) launched its condensed high-energy density battery with cutting-edge technologies at the Auto Shanghai event in China. The firm said that the battery’s energy density stands at around 500 Wh/Kg. The company said that with these new virtues, these batteries could be used in passenger aircraft. Moreover, it said that the company is likely to attain mass production of these batteries in a short span of time. To address the changes of the super high energy density materials resulting from electrochemical reactions, CATL’s condensed battery leverages highly conductive biomimetic condensed state…
Author: Saur News Desk
The 20th Shanghai International Automobile Industry Exhibition in Shanghai on April 18, 2023 attracted many foreign brands looking to catch up with Chinese competitors in the crucial electric vehicle market. The show will conclude on April 27. This was the first auto show after pandemic restrictions with several new models from domestic and western brands being exhibited at the show. EVs contribute to a quarter of car sales in China, which is the world’s largest car market. As per data, domestic brands rule 81 percent of the EV market in China, giving a tough competition to other titans in the…
Volkswagen, Vale, Ford, Huayou have joined hands to build EV battery ecosystem in Indonesia. The partnership is finalised to build EV battery ecosystem in Indonesia.Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Brazilian Vale, US’s Ford Motor and China’s battery minerals producer Zhejiang Huayou Cobalt. The partners are relying on Indonesia for its raw materials used in producing EV batteries, which is about 40% of a vehicle’s price, with a target to cut costs and to catch up with EV market leader Tesla. In a video statement, Investment Minister Bahlil Lahadalia said,…
Japanese firm Toyota Motor Corporation has said that it has plans to launch ten new EV models by 2026. To implement this plan, the firm has announced its strategy and aims at reaching global annual sales of 1.5 million and hopes to catch up with current industry leaders in the EV market, Tesla and BYD. After dealing with engine vehicles for years, the Japanese auto supply chain will undergo structural transformation as Toyota shifts to electric vehicles. The number of parts required for EVs is expected to be 30% to 40% lower than that of gasoline-engine vehicles. Toyota ranks 28th…
Ahead of G-7 Summit to be held in Hiroshima in May, energy and environment ministers of the Group of Seven nations expressed their commitments to work towards renewable energy transition. This was discussed at two days of meeting in Northern Japanese city of Sapporo. The officials issued a 36-page communique laying out their commitment without setting timetable for phasing out coal-fired power plants. During the meeting, Japan won endorsements from fellow G-7 countries for its own national strategy claiming that clean coal, hydrogen and nuclear energy will help ensure its energy security. “Recognizing the current global energy crisis and economic…
Jinko Solar, a Shanghai-based solar development company, has received the highest ‘AAA’ category in the Q1 release of PV-Techj’s Module Tech Bankability Report. The firm said it was the recognition of the industry-leading metrics across manufacturing and its technology leadership. According to its preliminary report for 2022, the company shipped 44.5GW of solar panels, including 10GW of its Tiger Neo N-type TOPCon product, representing an increase of 104.77% in revenue and 158.21% in net profit year on year. In addition, in the first quarter of 2022, the company became the world’s first to exceed 100GW in cumulative shipments and the…
Delta, a global lending provider for energy and thermal management solutions, on Thursday, unveiled its Smart Electric Charging Station theme concept at Taiwan’s E-Mobility 20235. The move was aimed at demonstrating innovative energy-saving productions and solutions. It included EV powertrain and power management systems, microgrid-supported EV charging infrastructure, and powertrains for e-scooters and e-bikes, enabling smart e-mobility for sustainable cities. Delta’s Chief Executive Officer Ping Cheng said, “…transport sector accounts for 23% of global energy-related CO2 emissions. Delta became the world’s first EV charging solutions provider and Taiwan’s first enterprise to join the global EV100 initiative in 2018. By leveraging…
A memorandum of collaboration (MoC) has been signed between Bursa Malaysia and Petronas, Malaysian oil & gas firm, to push forward (ESG) environmental, social and corporate governance adoption and practices through Bursa Malaysia’s Centralised Sustainability Intelligence Platform. The firms explained in a statement the Bursa Malaysia’s platform is a collaboration with the London Stock Exchange Group that will allow corporates and their listed and non-lister suppliers, domestic and international, to calculate their carbon emissions impact and disclose standarised, common ESG data. Further, Bursa said, “The purpose of the platform is to ease companies in their sustainability disclosures and encourage effective…
PTT Group , the Thai state-owned oil and gas company has confirmed its investment of US$7 billion in green hydrogen with Saudi Arabia’s ACWA Power. Moving ahead with its goal of net zero emissions by 2050, PTT expects the green hydrogen produced will be powering the future of EVs in ASEAN. Green hydrogen is obtained using renewable eenrgy sources, unlike brown and other generations of hydrogen which use fossil fuel in the production process. Renewable green hydrogen is obtained through the electrolysis of water that can be stored for usage like powering automobiles or industrial machinery. Thailand is following in…
Chinese photovoltaics firm Trina Solar will be exhibiting its new tracker at Green Energy Expo in Daegu to be held between 12-14 April. The firm will employ the platform to announce the launch of the second generation of its TrinaTracker Vanguard 2P tracker. Following the successful announcement of TrinaTracker’s selection by Samsung C&T on the 875MW Qatar Energy project, Trina Solar is exhibiting the next generation of Vanguard 2P Tracker at the Green Energy Expo in South Korea. “Trina Solar has been in business for more than 25 years and we are synonymous with solar modules, but in response to…