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Created: 01/22/2021 01:18:16 PM - Followers: 12 - Board type: Free - Posts Today: 0






MKD sets up JV in Electric Trucks arena


CORRECT WEBSITE: 

https://qiye.molbase.cn/

SHANGHAI, Dec. 1, 2021/PRNewswire/ -- Molecular Data Inc. (NASDAQ: MKD) has announced a joint venture (JV) with GY Energy Tech (a company funded by several PRC Energy SOEs).

The JV will help diesel trucks to be replaced with more efficient new energy trucks ("truck battery separation" mode). The JV will involve constructions of stations to efficiently replace batteries, battery replacement services, charging stations, and logistics management platform.

The services rendered will not only cover the existing chemical space, it will seek to serve various industries.  

In the context of the "carbon emission peak, carbon neutrality" target, this has driven all the municipality governments to achieve this "double carbon" policy.

At the current juncture, high energy consumption and high emission manufacturing enterprises are facing great pressure to reduce carbon emissions. In order to achieve the low-carbon environment, an efficient and clean transportation mode is particularly critical.

As such, the imminent trend is to speed up the replacement of traditional fuel trucks with new energy trucks.

According to the PRC's "double carbon" target, Hainan will become the first province to prohibit the sale of fuel vehicles in 2030, which will bring new development opportunities in the electrification of trucks. 

Electric Trucks allows for a quick replacement of a discharged battery with a fully fresh charged one, with the replacement process typically taking less than 5 minutes.   

What distinguishes this joint venture from others is the trucks' batteries and the trucks can be separated, which makes it a more effective pathway to electrify trucks. Such heavy duty trucks are also lighter, and thus increases operational efficiency. 

The JV's "truck battery separation" mode will not only effectively reduce the cost of truck purchase, it also provides a comprehensive solution for fuel trucks and typical electric trucks in solving both their pain points, helping enterprises achieve the goal of both cost-savings and efficiency increases. .

At present, the JV's "truck battery separation" mode can be used in power plants, ports, steel mills, mining fields. Other areas that can sustain independent business models include slags arising from mining and infrastructural developments, and garbage removal. All these will create sustainable prospects for the "truck battery separation" mode in the long run.  

SOURCE Molecular Data Inc.

Description

Molecular Data Inc., through its subsidiaries, operates in the chemical e-commerce business in the People's Republic of China. The company operates technology-driven platform that connects participants along the chemical value chain through its integrated solutions. It delivers e-commerce solutions, financial solutions, warehousing and logistics solutions, and software-as-a-service suites for participants in the traditional chemical industry. The company offers its e-commerce solutions through online platform that consists of molbase.com and molbase.cn websites; Moku Data Weixin account; Chemical Community app; and other ancillary platforms. Molecular Data Inc. was founded in 2013 and is headquartered in Shanghai, the People's Republic of China.







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#178
They’re really talking now TrendTrade2016 08/04/2022 07:17:57 PM
#177
Watch and learn TrendTrade2016 08/02/2022 04:43:26 PM
#176
accumulation building as the CEO sits down with TrendTrade2016 06/27/2022 09:58:27 AM
#175
A real nothing burger:( CarlCarlMcB 06/24/2022 04:03:27 PM
#174
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#173
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#172
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#171
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#170
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#169
What are the market makers saying now? The-REAL-KING-of-pennies 06/24/2022 11:28:50 AM
#168
3.00 to 5.00 $ CarlCarlMcB 06/24/2022 11:24:37 AM
#167
How’s that 10 min? The-REAL-KING-of-pennies 06/24/2022 10:31:12 AM
#166
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#165
you going to look like a fool...keep watching, TrendTrade2016 06/24/2022 10:02:57 AM
#164
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#163
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#162
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#161
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#160
you only call scams son, the last you TrendTrade2016 06/24/2022 09:53:12 AM
#159
With 77k in volume? The-REAL-KING-of-pennies 06/24/2022 09:52:26 AM
#158
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#157
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#156
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#155
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#154
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#153
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#152
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#151
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#150
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MKD runner in tow TrendTrade2016 06/23/2022 01:42:38 PM
#148
8 )- weedtrader420 06/23/2022 01:41:11 PM
#147
Pump pump MKD$ weedtrader420 06/23/2022 01:21:01 PM
#146
The Ratio Change will have the same effect G2G 05/24/2022 10:10:50 AM
#145
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#144
Zach attack Livinggood1 05/20/2022 07:01:10 PM
#143
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#142
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#141
Pump and dump with an offering Penny chatter 05/17/2022 04:06:27 PM
#140
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#139
Why this move today? BoilerRoom 05/17/2022 03:47:42 PM
#138
Hope you took profits. BoilerRoom 05/17/2022 03:47:22 PM
#137
Breakout here today. In at.16. $MKD bandit007 05/17/2022 11:24:23 AM
#136
Breakout here today! In at.16. $MKD bandit007 05/17/2022 11:24:22 AM
#135
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#134
MKD$ weedtrader420 04/12/2022 07:55:02 AM
#133
So boooooored ... can we get to 0.4 DDA 03/28/2022 01:41:19 PM
#132
News…..Where??? THEMASTERS_SON 03/17/2022 05:28:00 PM
#131
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#130
Break 30c shortly….WE’RE OFF 2THE RACES THEMASTERS_SON 03/17/2022 10:59:01 AM
#129
Cleared for takeoff weeeeeeeeee! THEMASTERS_SON 03/17/2022 04:08:23 AM
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