Remove Articles Remove Chinese Remove Energy Storage Remove Supplies
article thumbnail

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.

article thumbnail

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

CN EV Post

The 450-MWh battery storage project will be deployed in Texas and is expected to begin commercial operations in 2024. Image credit: CATL ) CATL recently entered into a 450 MWh supply agreement with US battery storage project developer HGP, the battery giant's latest similar agreement with a US company.

article thumbnail

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.

Chinese 135
article thumbnail

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

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. 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.

Auto 52
article thumbnail

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.

Auto 52
article thumbnail

China’s Nio and CATL team up to develop longer life batteries – ET Auto

Baua Electric

Nio currently buys most of its batteries from CATL and has been exploring battery supplies from new partners such as CALB. 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.

Auto 52
article thumbnail

CATL unveils new sodium-ion battery for electric vehicles 

Electric Vehicles India

The Chinese coastal city of Ningde based CATL sodium-ion batteries comes as the demand for lithium, cobalt and nickel is in huge demand which is currently the main ingredients in the current batteries. These batteries will be mainly used in energy storage systems and two-wheeled vehicles. CATL unveils new sodium-ion battery.

Sodium 59