Gasgoo Daily: BYD signs deals with Japanese local governments for disaster power supply
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
High-Grade NPI and Refined Nickel Prices Remain Under Pressure Amid Weak Stainless Steel Market
This week, the average price of SMM 8-12% high-grade NPI reached 952.2 yuan per mtu (ex-factory, tax included), down 10 yuan per mtu compared to last week. Meanwhile, the Indonesian NPI FOB index decreased by $1.6 per mtu WoW. The decline in high-grade NPI prices slowed this week.Supply side, in the domestic market, due to the decline in finished product prices, smelters continued to operate at a loss, reducing production motivation and maintaining stable operations. On the other hand, in Indonesia, new capacity gradually increased. Despite the reduced profits from high-grade nickel matte, the motivation to switch to high-grade NPI production strengthened, leading to an overall expansion in production.
【SMM Analysis】TagEnergy, a renewable energy company based in Lisbon, Portugal, announced that it will develop and manage France's largest battery energy storage system (BESS) project—the Cernay-lès-Reims project, with a scale of 240MW/480MWh. The project is expected to achieve year-end grid connection in 2025, with an energy storage capacity nearly five times that of the largest currently operating battery in France.
In November 2024, China's production of high-purity manganese sulphate increased slightly MoM but showed a significant YoY decline......
WeRide, Uber launch Robotaxi operations in Abu Dhabi, UAE
On December 6, autonomous driving tech company WeRide and global mobility and delivery giant Uber Technologies, Inc. announced the launch of their autonomous ride-hailing (Robotaxi) service in Abu Dha...