CNGR Advanced Material Co., a Chinese maker of battery components, is joining forces with African private investment fund Al Mada to build an industrial base in Morocco.
In response to the growing trend towards achieving net-zero carbon emissions, carbon fiber materials and their associated composite counterparts are renowned for their remarkable strength and flexibility. Moreover, they contribute to weight reduction, which, in turn, enhances fuel efficiency, reduces battery consumption, and plays a pivotal role in mitigating carbon dioxide emissions. Among these materials, thermoplastic composite materials offer a multitude of advantages, including recyclability, reusability, adaptability in processing and shaping, reduced energy consumption during production, and expedited manufacturing processes. These attributes are in perfect alignment with the prevailing trends of energy conservation and carbon reduction, making them a focal point for substantial investment, particularly in pioneering applications within aerospace defense, wind power, transportation, and consumer electronics.
In the past few years, Taiwan Power Company's (Taipower) deployment of automatic frequency control (AFC) for energy storage has paved the way for the energy storage systems market in Taiwan. However, the demand for energy storage system installations seeking grid integration approval consistently surpasses the 2025 target capacity, triggering continuous alarms about market overheating.
Roughly 90% of the world's goods are transported via maritime routes, contributing to approximately 3% of global carbon emissions. In light of the global commitment to achieve carbon neutrality by 2050, the maritime industry faces mounting pressure to curtail emissions. To address this, the International Maritime Organization (IMO) has devised a strategy aimed at reducing greenhouse gas emissions from both existing and new vessels. This strategy sets forth a target of a 40% reduction in carbon emissions by 2030 and a more ambitious 70% reduction by 2050, using 2008 as the baseline year.
Apple is announcing that its Apple Watch 9 is the first to achieve carbon neutrality. Supply chain sources pointed out that it has been collaborating with customers to promote carbon neutrality for at least five years. Apart from continuing to promote net-zero carbon emission projects, supply chains are also participating in customers' "green investments." This commitment involves not only financial contributions but also active participation, and isn't just for customer orders; it's also for long-term corporate sustainability.
Tesla's Mexican plant is under construction. Besides the EV giant, emerging US carmakers like Lucid and Rivian and veteran General Motors and Ford all plan to set up a production base at the US-Mexico border. Monterrey and Juarez City host most of the companies.
The European Commission (EC) recently voiced their support for the anti-subsidy probe into Chinese EVs. Intense domestic price competition has propelled Chinese brands to seek overseas markets. Industry sources point out that the probe is likely due to the fact that mainstream car makers in the European Union (EU) are lagging behind Chinese brands in the EV transition and could find it hard to compete with them.
In pursuit of the 2050 net-zero carbon emissions target, energy conservation has emerged as a prominent trend. Nevertheless, the current industry-standard energy measurement meters come at a high cost. The Green Energy and Environment Research Laboratories of Industrial Technology Research Institute (ITRI) have introduced a breakthrough solution—an AI powered tab sensor.
The European Commission announced on September 13 that it will initiate an investigation to decide whether it will increase tariffs on China-made EVs. While the Chinese automotive industry has anticipated the move, it said the European Union should view the development of China-based EV makers objectively rather than increasing their operation costs.
Light electric vehicles are rising in Asia. Canadian startup Zen Energy sees the opportunity and has developed batteries with quadruple lifetime for two and three-wheelers. The company has chosen India as a launchpad to expand its business in Asia.
Entomal Biotech is bringing a new, sustainable way of processing food waste to the table. It has come up with an idea of circling food waste from the kitchen, home, to the dump and then back to animals or, ultimately in the future, human's stomach.