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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. However, a new era for nuclear power is by no means guaranteed.

Russia 458
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NIO Power completes more than 500,000 EV battery swaps

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As of 26 May 2020, NIO Power has completed more than 500,000 EV battery swaps in China, becoming one of NIO’s most well-received power services. Power Swap is at the core of NIO’s “chargeable, swappable, upgradable” user experience, alongside a comprehensive battery and vehicle e-powertrain inspection.

Power 465
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New JV in China to produce high-grade Li-ion power battery materials

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has entered into an investment agreement with the following parties to form a joint venture dedicated to the production of high-grade lithium-ion power battery anode materials. Shenhe”), Guizhou Yilong New Area Industrial Development Investment Co., Shanghai Huiyang Investment Co., Huiyang”), Haicheng Shenhe Technology Co.,

Li-ion 199
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Samsung Heavy to partner with KAREI to develop molten-salt reactor floating power plants and nuclear-powered ships

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Samsung Heavy Industries (SHI) is making a full-scale effort to develop offshore nuclear power plant technology. Through this agreement, SHI plans to pioneer the MSR-based floating nuclear power plant and nuclear-powered ship market as part of strengthening its capacity for future new business expansion.

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Volkswagen Group Components and DU-POWER establish JV for flexible quick-charging stations in China

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Volkswagen Group Components and the start-up Shanghai DU-POWER New Energy Technical Co., plan to form a joint venture to produce flexible quick charging stations in China. The planned joint venture with DU-POWER therefore represents a significant milestone as we continue to make progress along the path to electric mobility.

China 269
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European HEFT project seeks lower-cost, more efficient and power-dense PM emotor for EVs

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A new €4-million research project funded by the EU is seeking to develop a lower-cost, more efficient and power-dense permanent magnet eMotor for electric vehicles (EVs). HEFT considers that an energy-efficient rare-earth synchronous motor is the best option for next-generation high-power primary axle traction EVs.

Power 273
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Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

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The Volvo Cars manufacturing plant in Chengdu, the company’s largest in China, is now powered by 100% renewable electricity, taking the company’s global renewable electricity mix in its manufacturing network to 80%. By 2040, Volvo Cars aims to be a climate-neutral company. The new contract addresses the last 30%.

Volvo 389