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2023-10-06

[NEWS] Lithium Prices Plummet 100,000 CNY in 2 Months to Reach New Low

Source to China Times, due to weak demand and inventory piling up, the prices of a key chemical raw material, lithium carbonate, have recently been on a declining trend. Since the launch of lithium carbonate futures on the mainland on July 21, in just over two months, the price of lithium has fallen...

Huawei
2023-10-06

[News] Huawei’s New 5G Base Stations ‘De-Americanize,’ Unveiling Cutting-Edge Technology Worldwide  

Despite facing sanctions from the United States, Huawei continues to advance its 5G technology by gradually reducing reliance on American components in its base stations. Meanwhile, the White House is rallying its allies to block the adoption of Huawei's 5G equipment. However, these challenges haven...

2023-10-06

[News] Foxconn’s Electric Vehicle Business Push Strengthens Profitability

According to Taiwan's Economic Daily, Hon Hai Precision Industry Co., also known as Foxconn, is set to begin mass production of its electric vehicle Model C in the fourth quarter. With electric vehicles offering higher profit margins compared to iPhone assembly, this move is expected to further boos...

2023-10-06

[News] Chinese Battery Firms Propel Global Expansion: At least five Major Announcements in One Week

According to a recent report by itdcw, several Chinese new energy companies unveiled ambitious overseas expansion plans during the last week of September, with the highest investment commitment reaching almost a billion dollars. This development comes as global demand for batteries skyrockets, d...

2023-10-06

[News] Impressive Rise in China’s September EV Sales; NETA Auto Eyes 2023 Recovery

Several Chinese new energy vehicle manufacturers disclosed their delivery and sales data for September on Sunday, October 1. GAC Aion, in particular, reached a significant milestone by surpassing 50,000 in sales, while Li Auto Inc. experienced a remarkable 200% surge in deliveries. ......

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