EGL1 Sparks Green Energy Wave in the UK while Terra Motors Plans to Develop a Rapid-Charging Network Within Tokyo

EU Anti-Subsidy Investigation Into Chinese EVs – An Invitation For Chinese Automakers To Set Up Shop In Europe?

Market Impact Factor: Low

Abdullah Shakil | Analyst I - COHV

EU will soon launch an investigation into the flux of Chinese EVs in its home market. The investigation could take up to a year, and the outcome of it would be higher tariffs on EVs imported from China into the EU.

It is a proven fact that China awards substantial subsidies to automakers in China in the shape of low-rate credits, low rates on land leases, tax cuts, and even low-rate equities, but this is not limited to its domestic automakers. Continue Reading

Terra Motors Corporation Charges Ahead: Tokyo to See 1,000 High-Speed EV Charging Stations

Market Impact Factor: High

Amna Mumtaz | Analyst I - EVSE

Terra Motors, a prominent Japanese electric vehicle manufacturer, has unveiled ambitious plans to invest more than JPY 10 billion, equivalent to approximately EUR 63.5 million, in the development of a rapid-charging network within Tokyo. This exciting initiative aims to deploy primarily 150-kW charging stations at commercial and public locations, as well as within municipal parking facilities. Continue Reading

Consortium-Led HVDC Projects Surge: EGL1 Sparks Green Energy Wave in the UK

Market Impact Factor: Medium

Syeda Maheen Mahmood | Junior Analyst - HVDC

The Eastern Green Link 1 (EGL1) is a high voltage direct current (HVDC) subsea transmission connection with a capacity of 525kV and 2GW. It is planned to stretch from East Lothian in Scotland to County Durham in England. Continue Reading

GE Vernova and EnergyHub Join Forces to Span DERMS on Both Sides of Meters

Market Impact Factor: Medium

Asad Tariq | Analyst I - AI in Power Grid

GE Vernova's Digital business and Energy Hub have formed a strategic partnership aimed at revolutionizing the landscape of distributed energy resource management systems (DERMS). Their joint endeavor seeks to aggregate and optimize the management of distributed energy resources (DERs) on both sides of the meters. Continue Reading

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