Good morning,
Hereβs your essential Monday round-up of data driving conversation this week β all in less than 250 words.
Have a good week.
The most significant exponential technologies policy initiative in China has the Bank of China investing $137 billion ( β $240 billion in PPP terms) in AI, robotics, biomanufacturing, advanced materials and low-altitude vehicles. Impressive.
Chinaβs CO2 emissions from fossil fuels and cement have plateaued since February last year thanks to clean energy additions.
American battery startups are paying a $40/kWh premium for independence. Asian joint ventures slash time to profitability.
Also, Chinaβs energy storage industry has had its iPhone moment. PowerChinaβs 16 GWh tender saw 76 suppliers averaging $66.3/kWh.