EV
Farasis expands battery capacity through standalone efforts, joint ventures
Farasis expands battery capacity through standalone efforts, joint ventures

Farasis Energy, a Chinese power battery manufacturer whose main OEM clients include Mercedes-Benz, announced in mid-September 2021 a decision to raise money for expanding its battery capacity.

Dec. 31 , 2021
China’s Guangzhou aims to deploy 50+ hydrogen filling stations by 2025
China’s Guangzhou aims to deploy 50+ hydrogen filling stations by 2025

Guangzhou, the capital of China’s Guangdong province, expects over 50 hydrogen refueling stations to be deployed and the terminal price of vehicle-used hydrogen to stand below 35 yuan ($5.5)/kg by 2025.

Dec. 30 , 2021
Shanghai’s Jiading District eyes over 100 bln yuan annual production value for hydrogen & FCV industry by 2025
Shanghai’s Jiading District eyes over 100 bln yuan annual production value for hydrogen & FCV industry by 2025

Jiading District, a thriving hub for automotive industry of Shanghai, will strive to surpass 100 billion yuan ($15.694 million) in the annual production value of the full hydrogen and fuel cell vehicle (FCV) industrial chain.

Dec. 29 , 2021
BYD, Daimler agree on stake change in joint venture DENZA
BYD, Daimler agree on stake change in joint venture DENZA

After the deal, BYD will have a stake of 90% in DENZA New Energy while Daimler will hold the rest 10%.

Dec. 24 , 2021
Tesla cuts down carbon emission by 855,878 tons in China YTD
Tesla cuts down carbon emission by 855,878 tons in China YTD

On December 24th, Tesla released its year-to-date new energy contribution report in China, stating that it has helped reduce carbon emission by 855,878 tons during the first eleven months this year.

Dec. 24 , 2021
China’s CALB to build 20GWh+ power battery manufacturing base in Europe
China’s CALB to build 20GWh+ power battery manufacturing base in Europe

Chines battery manufacturer CALB (China Lithium Battery Technology Co., Ltd.) and German construction engineering company Drees & Sommer signed a strategic cooperation agreement earlier this week for a battery manufacturing project.

Dec. 23 , 2021