On June 26, XJ Electric Co. Ltd, a listed company and a subsidiary of XJ group, announced that China Electric Power Equipment and Technology Co (CEET) completed the acquisition of 100% of XJ group after a recent equity transfer. XJ electric is one of the top Chinese players engaging in R&D, manufact...
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News Commentary | March 18, 2021
One of Lux's top predictions for 2021 was that China would triple global green hydrogen capacity by 2025. While it remains to be seen where Sinopec plans to fit in China's hydrogen economy, it will start by building 1,000 hydrogen fueling stations by 2025. Lofty claims are common from China, ... To read more, click here.
News Commentary | December 16, 2021
GM made two notable announcements in its supply chain for electric vehicle (EV) components. First, a joint venture with Posco to build a cathode manufacturing plant in North America, and next a second supply agreement with MP Materials to ensure access to rare earth magnets used in motors. While we'... Not part of subscription
News Commentary | March 29, 2022
Algerian group Asmidal, a subsidiary of Sonatrach, mining firm Manal, and Chinese companies Wuhuan Engineering and Tian’An Chemical will launch a fertilizer joint venture (JV). The USD 7 billion JV is the first integrated fertilizer production in Algeria and will have an annual capacity of 5.4 ... Not part of subscription