LFP as a cathode material for lithium-ion batteries once marked the beginning of an emerging Chinese battery industry. Now, first Tesla boss Elon Musk and then Volkswagen have announced their intention to rely more on LFP in the future. The main reasons for this are cost pressure, raw material availability, and expiring patents. And once again, Chinese companies could benefit from the trend.
By Amelie Richter
In the world's largest growth market for EVs, German carmakers are still lagging behind despite great efforts. No German brand was among the ten best-selling models in 2020, while domestic manufacturers continued to extend their lead. This is because Chinese buyers have different purchasing priorities than Germans. Trends and market opportunities are on show at "Auto China", the world's largest car show with over 1000 exhibitors, which is taking place this week in Shanghai.
By Frank Sieren
The recycling of spent EV batteries is still in its infancy worldwide. China will soon be the first country to be confronted with a gigantic amount of used batteries. The first recycling factories have been set up. Rules and standards for recycling have already been set. For example, by law, EV companies must collect their used batteries everywhere they sell cars. One of the pioneers in recycling is electric car pioneer BYD.
By Christiane Kuehl
China wants to demonstrate technological superiority with the presentation of the new quantum computer "Jiuzhang". The competition in quantum computing will become tougher because the technology is the great hope in battery research, drug development and autonomous driving.
By Ning Wang