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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.

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

Baua Electric

Under conservative estimates, China will add 30.1GW of new energy storage, primarily lithium ion battery storage, in 2024, down from 34.5GW of new capacity in 2023, according to a China Energy Storage Alliance ( CNESA ) white paper released on Wednesday.

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Fraunhofer IAO patent analysis finds China leading in Industry 4.0

Green Car Congress

Part of Fraunhofer IAO’s China TechWatch research project involves analyzing developments in Chinese technology. The project’s first white paper reveals that China is way out in front when it comes to patent applications for the basic technologies needed for Industry 4.0. Industry 4.0,