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Some Chinese energy storage firms reportedly suspend taking orders due to battery supply shortages

CN EV Post

Since the end of September, a continued shortage of battery supply has led to a common suspension of order-taking by energy storage system manufacturers, according to local media. The post Some Chinese energy storage firms reportedly suspend taking orders due to battery supply shortages appeared first on CnEVPost.

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EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai – ET Auto

Baua Electric

Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. 2 seller in the booming Chinese market for electric vehicles. The market leader is Chinese auto company BYD. It is the No.

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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. The energy storage battery business is Gotion's second-largest business after power batteries. billion, or 76.51

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CATL reaches deal to supply energy storage systems to US firm HGP

CN EV Post

This helps meet the growing demand for clean energy in Texas and North America and highlights CATL's and HGP's commitment to achieving sustainable development, the Chinese battery giant said. HGP is based in Dallas, Texas, and has decades of market experience deploying grid investment-grade energy storage assets.

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NIO Capital invests in Chinese SiC chip maker

CN EV Post

Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. For more articles, please visit CnEVPost.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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