GreenergyDaily
Jul. 26, 2024
1. Chen Guanfu, Chairman of POWERCHINA Intl, recently called on Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology in Beijing. The two sides exchanged views on further strengthening cooperation in the field of new energy and energy planning.
2. Chinese hydropower production recovered strongly in the first half of this year from its 2023 low. If the trend continues in the second half of the year, it could curb coal power generation & result in a small drop in global power sector emissions in 2024, according to IEA.
3. Deepal, the new energy vehicle unit of Changan Automobile, has rolled out its new model Deepal S07 to target global markets. Deepal launched the Deepal S07 SUV in China at an event yesterday evening as its next-generation global strategic model, which continues to offer extended-range electric vehicle and battery electric vehicle options.
4. The China-built world's largest clean energy-powered ro-ro ship was delivered Wed in Shanghai. Built for transporting Chinese vehicles to Europe, the 199.9-m-long LNG dual-fuel carrier can hold 7,600 cars and cut 1,300 tons of carbon emissions on each round trip to Europe.
5. Neta Auto, a subsidiary of Chinese electric vehicle company Hozon Auto, has launched a new model in Malaysia and Thailand as its efforts to explore overseas markets continue. Neta launched the Neta X compact SUV in both Kuala Lumpur, Malaysia, and Bangkok, Thailand, on July 25, according to a company press release yesterday.
6. Toyota Motor will build a battery plant for electric vehicles in Kyushu, the southernmost of Japan's four main islands, Nikkei has learned. The company aims to position Kyushu, which is home to many auto and semiconductor plants, as a central part of its EV supply chain and an export base to Asia.
7. As of July 1, 2024, there were 1.86 million Chinese brand passenger cars registered in Russia, accounting for 4% of the total. Autostat predicts that in the next two years, the number of Chinese brand cars in Russia may surpass that of French and American brands. The current number of French and American cars is approximately 6% and 7% respectively. The most common Chinese car brand in Russia is Chery, with 444,700 vehicles, according to sources.
8. China will expand its stimulus program by roughly 300 billion yuan ($41.5 billion) to subsidize purchases of passenger vehicles and consumer electronics as it seeks to boost stagnant retail spending.
9. Thailand will introduce investment incentives for hybrid vehicle manufacturers, lowering excise taxes for hybrids from 2028 to 2032. The country has long been a regional auto production hub and is actively offering incentives to attract more companies, including recent investments from Chinese electric vehicle makers.
10. Chinese institutes have developed polymeric multi-heterojunction (PMHJ) thin-film, a novel high-performance thermoelectric plastic with remarkable conversion efficiency that could have significant applications in cost-effective wearable thermoelectric technologies.
