Hyundai Motor Group to pilot EV battery subscription service for corporate taxis

At an investor meeting on April 27, Sungrow stated that while rising raw material costs, such as lithium carbonate, challenge the returns of large-scale projects, small-to-medium projects remain resilient due to agile cost pass-through. Overall, the company maintains a positive outlook, forecasting that the global energy storage installation scale will continue to expand, with an expected growth rate between 30% and 50% over the next three years.

On April 28, Guangdong Province officially released the Outline of its 15th Five-Year Plan. The plan proposes strengthening R&D and equipment manufacturing for new PV technologies like perovskite and tandem cells, while supporting the development of solar-storage-charging and PEDF (photovoltaics, energy storage, direct current and flexibility) integrated products. It also emphasizes reinforcing the electrochemical energy storage supply chain, expanding diverse technical routes for solid-state batteries, and promoting applications of sodium-ion, flow, and compressed air energy storage. Additionally, the outline highlights developing offshore wind components, accelerating the smart grid equipment industry, and promoting mature Gen III nuclear power technologies.

On April 26, a national key R&D project led by Yuchai Group achieved a milestone with the successful ignition and stable operation of the world's first large-displacement, high-pressure direct-injection pure ammonia engine prototype for hybrid commercial vehicles. Matching the highest thermal efficiency of heavy diesel engines, this zero-carbon breakthrough provides a new green power solution for long-haul trucks.