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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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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

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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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Report says lithium from California’s Salton Sea can anchor US battery supply chain

Green Car Congress

The world is in a race to dominate the electric vehicle market—the Europeans have made their Battery Alliance a priority and the Chinese are chomping at the bit. Battery manufacturers can also serve the accelerating stationary energy storage market, which uses batteries to support the power grid.

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Mercedes-Benz Energy, Beijing Electric Vehicle start development partnership on 2nd-life battery storage

Green Car Congress

(BJEV), a subsidiary of the BAIC Group, have entered into a development partnership to establish second-life energy storage systems in China in the future. Together, Mercedes-Benz Energy and Beijing Electric Vehicle plan to set up the first 2nd-life energy storage unit in Beijing, making use of retired BJEV electric car batteries.

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China EV maker Nio has completed 40 mn battery swaps so far – ET Auto

Baua Electric

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.

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

Baua Electric

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.

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