Tag

China

The success of renewables depends on storage expansion

China is rapidly constructing energy storage facilities, albeit primarily due to government mandates rather than economic incentives. These storage facilities are urgently needed to efficiently utilize the capacities of renewable energies.

By Christiane Kuehl

Li Auto wants to snatch the premium segment from the Germans

The electric car manufacturer Li Auto has set its sights on German manufacturers in the premium segment. The sales figures needed to achieve this are far beyond the forecast for the entire market. However, the rapid development of recent years seems to bring the ambitious goals within reach – despite a technology that is frowned upon in Europe.

By Christian Domke Seidel