GreenergyDaily
Jan. 23, 2024
1. The number of public charging piles for electric vehicles in China rose 51% to 930,000 in 2023 from the previous year, Cui Dongshu, secretary general of the China Passenger Car Association, said yesterday. Nearly 2.46 million new private charging piles were added last year.
2. China yesterday launched the national market for voluntary greenhouse gas emission reduction trading, as part of the country's efforts to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060, Xinhua reported.
3. Chongqing, an industrial powerhouse in China, is catching up with Guangdong province in terms of auto production as it was runner-up in 2023, and it aims to build a trillion-yuan ($139 billion) level world-class intelligent new energy vehicle industry cluster.
4. The Chinese yuan remained the world's fourth most active currency in December, with a trading share of 4.14%, according to Swift. The redback surpassed the Japanese yen to take the 4th spot last November for the first time since January 2022.
5. China reported significant achievements in afforestation in 2023, the country's forestry and grassland authorities said on Monday. The country planted 125 million mu (about 8.33 million hectares) of trees and grass in 2023, said Guan Zhi'ou, an official with the National Forestry and Grassland Administration, at a video conference.
6. Aramco has awarded contracts worth more than $3.3 billion to Chinese company Sinopec and Spain's Tecnicas Reunidas to build a gas facility in Saudi Arabia. According to a disclosure on the Spanish Stock Exchange, Sinopec will own 65 percent of the project and Tecnicas Reunidas will have a 35% share.
7. China has moved to set its own standards for semiconductors used in electric vehicles and self-driving cars as it seeks to replace imports of these vital components with domestic production, according to China's Ministry of Industry and Information Technology.
8. On January 22, data from the Power Battery Application Branch showed that global energy storage battery shipments in 2023 were 173GWh, a year-on-year increase of 60%, of which China's energy storage battery shipments were approximately 159GWh, accounting for 92%. In 2024, China's energy storage battery shipments are expected to exceed 200 GWh, accounting for approximately 88%.
9. Shanghai's foreign trade climbed to 4.21 trillion yuan (about $591.57 billion) in 2023. In 2023, the city exported 167.79 billion yuan of emerging products such as electric passenger cars, lithium-ion batteries and solar cells, a YoY increase of 42.2%.
10. China's exports of gallium fall 66% Y-o-Y to $8.47m in 2023, while those of germanium edge down 8.2% to $48.42m. Industry observers cite multiple factors – market demand adjustment, soaring material prices and time needed for application reviews after metal export controls took effect.
