Chinese battery enterprise Doha factory construction project

How many battery Gigafactory projects have been cancelled or postponed in China?

In the first seven months of the year, 19 battery gigafactory projects were cancelled or postponed in China, according to London-based research firm Benchmark Mineral Intelligence. That has only accelerated an existing pullback of investment into battery plants as electric-vehicle manufacturers — mainly in Europe — grapple with slowing sales.

Will China's battery Gigafactory capacity be reduced by 3 per cent?

“A lot of consolidation has occurred at Chinese facilities where low prices, combined with struggles with yield, means companies have abandoned plans,” said Benchmark analyst Evan Hartley. He has estimated that these cancellations would reduce China’s battery gigafactory capacity for 2030 by 3 per cent.

Why is Qatar investing 50 billion in North Field Development?

Qatar Energy, the state-owned corporation, is investing over USD 50 billion in the significant North Field development and concurrently advancing crucial projects for oilfield expansion.

What's new in China's Lithium-ion battery industry?

China’s Ministry of Industry and Information Technology in June finalised revised guidelines for the country’s lithium-ion battery industry, which set higher standards for energy intensity, power density, cycle life and other battery specifications.

Will China's EV market reshape after double digit growth?

The upheaval in the crowded Chinese batteries industry comes as EV sales growth has declined in parts of the world. After double-digit increases, the growth rates in Europe and North America are expected to fall to 6 per cent and 7 per cent, respectively, according to Rho Motion, an EV supply chain consultancy.

Why did svolt abandon plans to build a battery plant in Germany?

SVolt Energy Technology, which was spun off from carmaker Great Wall Motor and the seventh-largest battery maker in China, abandoned plans in May to build a battery plant in eastern Germany, citing uncertainty over planning, tariffs and subsidies, as well as the loss of a leading customer.