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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

Green Car Congress

CATL is a private Chinese company developing, manufacturing and providing after-sales services of lithium-ion battery solutions for electric vehicles and energy storage markets. At the end of 2016, CATL employed more than 10,000 employees worldwide. Pack level densities are ≥115 Wh/kg and ≥95 Wh/kg, respectively.

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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

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China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. Chinese EV sales through to July totalled 696,000 this year. However, the combined conversion capacities of these two market leaders is below 30% of total Chinese capacity.

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ICCT provides policy update on proposed China Phase 4 fuel economy regulations

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The proposal was published on 21 January 2014 by the Chinese Ministry of Industry and Information Technology (MIIT). In absolute terms, the proposed standard would put China third, behind the EU and Japan, with respect to passenger car fuel consumption and equivalent GHG emissions requirements during the 2016–2020 period.

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Double catalyst for the direct conversion of syngas to lower olefins

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In the journal Angewandte Chemie , Chinese scientists report on a new bifunctional catalyst that converts syngas to lower olefins (C 2 -C 4 ) with high selectivity. First the CO and H 2 are converted to methanol. An alternative method is the conversion of synthesis gas in two process steps.

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A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123

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Subsequently, upon satisfaction of certain closing conditions, Wanxiang would purchase $200 million aggregate principal amount of A123’s 8.00% Senior Secured Convertible Notes. Lazard served as financial advisor to A123 for the above-described transactions.

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Researchers in China develop new process for direct synthesis of drop-in jet-fuel-range blendstock from lignocellulose

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The process developed by the team from the Chinese Academy of Sciences first selectively converts MIBK to a mixture of C 12 alcohol and ketone over a Pd modified magnesium-aluminium hydrotalcite (Pd-MgAl-HT) catalyst. They obtained a high total carbon yield (73.0%) of C 12 oxygenates under mild conditions: 553 K (280 ˚C) and 0.6

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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While there are far fewer trucks than cars globally to convert to electric, they use much larger batteries (several hundred kWh) and accounted for 4.3 Today, city trucks in China are predominantly hitting the roads as Chinese manufacturers leverage their experience in electric buses and battery production. GWh annually in 2021.

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