With the rapid development of the energy storage market in North America, large-scale energy storage systems have formed a stable market in the United States. U.S.-based and national offshore companies are also actively launching their respective energy storage system products in the U.S. to meet the booming downstream demand...

According to Politico, the EU is considering raising tariffs on Chinese EVs in response to similar actions by the US. The EU could raise import tariffs on Chinese electric cars from 10% to 25%-30%. This move could have an impact on the overseas markets of some OEMs. The EU is currently conducting an anti-subsidy investigation into Chinese electric vehicles and may implement temporary tariffs before November in response to the current situation.

We would like to inform you that due to the upcoming Labour Day holiday,  all of our news updates will be temporarily suspended during May 1-5 and all of our weekly reports for the Labour Day holiday week will also be temporarily cancelled.

The CSPT Working Group convened its first quarter general manager's office meeting in Shanghai on March 28, 2024. After discussion, the meeting reached the following five consensuses:

This week, Australian lithium producer Mineral Resources (MinRes) acquired Poseidon Nickel’s Lake Johnston nickel concentrator, as well as partnered with Lord Resources on the Horse Rocks lithium exploration project.

On Tuesday, the European Commission announced a customs registration of electric vehicles (excluding hybrids) imported from China at the time of import. This is in line with countervailing investigations into electric vehicles from China since last year and pre-registration for possible future tariff backdating. The EU said that in recent years...

Romania's energy ministry has re-launched a competitive tender for battery storage projects, seeking to have at least 240MW/480MWh of energy storage facilities up and running by mid-2026. Meanwhile, another tender for the construction of an industrial chain for battery storage and solar panels will...