Energy storage of 77.7GWh with an average energy storage duration of 2.2 hours
As of the end of the first quarter of 2024, the cumulative installed capacity of newly commissioned energy storage projects in the country has reached 35.3GW/77.68GWh.
Gasgoo Daily: NIO announces BaaS pricing for 150kWh battery pack, starting at 100 yuan/day
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.
As of Monday, April 29, copper inventories in mainstream markets across China fell by 16,800 tons from last Thursday to 387,900 tons, a rare sharp decline. The inventories decreased across most regions and only inventories in Chongqing increased.
Silver prices fell at the beginning of last week [SMM analysis]
At the beginning of last week, due to the slowdown in geopolitical turmoil in the Middle East and the strong US labor data, bullish sentiment cooled, and silver prices began to fall. The downstream placed orders last week due to lower prices.
SAIC Motor posts net profit of 2.71 billion yuan in Q1 2024
On April 29, SAIC Motor released its first-quarter report for 2024, showcasing steady progress despite challenges like intensified price wars in the Chinese automotive industry.