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China's leading battery maker CATL announced on September 22 that it has agreed with FlexGen, a US-based energy storage technology company, to supply it with 10GWh of EnerC containerized liquid-cooling battery systems over the course of three years.
Fluctuating supply and demand within China's lithium-ion battery industrial chain has attracted widespread attention recently. Production capacity now far exceeds demand, and some entities in the sector are seemingly pursuing blind expansion and hoarding.
As of July 15 this year, the cumulative transaction volume of carbon emission allowances in China's carbon market was 194 million tons, with a cumulative transaction value of 8.492 billion yuan ($1.26 billion).
China's Ministry of Housing and Urban-Rural Development and the National Development and Reform Commission jointly issued a plan on July 13 regarding the implementation of carbon emissions peaks for urban and rural construction.
Alibaba Group’s Chief Marketing Officer Chris Tung delivered a keynote speech to introduce the company’s carbon reduction action model and call on more enterprises to jointly promote low-carbon consumption at a side event during the 2023 Partnership Forum at the UN ECOSOC.
On July 28, the Shanghai Municipal Government issued the "Implementation Plan for Carbon Peaking in Shanghai" and a corresponding regulatory opinion notice.
On July 25, Shenzhen Securities Information Co., Ltd., a wholly-owned subsidiary of the Shenzhen Stock Exchange (SZSE), launched the CNI ESG Ratings Methodology.
An investment roadmap released on September 27 by Chinese battery company EVE Energy, which has a market value of over 170 billion yuan ($23 billion), has offered further insight into the potential of the lithium industry.
Alibaba's Taobao and Tmall, leading Chinese e-commerce platforms, and Cainiao, a logistics platform, launched several green and low-carbon activities during this year’s 6.18 Shopping Festival.
SHEIN, a global e-retailer of fashion, beauty and lifestyle products, on September 28 announced its target to reduce overall emissions across its entire value chain by 25% by 2030, as well as its greenhouse gas emissions inventory for 2021.
The timetable for the construction of China's carbon emissions statistical accounting system has now been made clear, according to an implementation plan issued by three government departments in the country.
Chinese battery giant CATL disclosed its third-quarter financial report on October 21, showing its revenue reaching 97.4 billion yuan ($13.4 million) in the third quarter and 210.34 billion yuan ($29 million) in the first three quarters.