Articles Chinese Energy Storage Power Grid 
Baua Electric
APRIL 12, 2024
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.
Baua Electric
APRIL 11, 2024
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.
Baua Electric
MARCH 13, 2024
Chinese electric vehicle maker Nio has completed 40 mn battery swaps so far, CEO William Li said on Thursday, replacing depleted batteries with fully charged packs, rather than plugging the vehicle into a charging point.
Baua Electric
MARCH 14, 2024
Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs. Nio expects to unveil its second brand, known as Ledao in Chinese, in May, the company’s president Qin Lihong said.
Baua Electric
JUNE 12, 2024
Demand for lithium-ion cells is growing fast, as automakers electrify their fleets and utilities install big batteries to stabilize the power grid. Some planned factories around the world may be delayed or canceled due to the industry’s overcapacity, according to Yayoi Sekine, head of energy storage research at BNEF.
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