Information Assured

China will invest $820 million in cutting-edge battery tech, sources say. China is planning to invest around 6 billion yuan ($820 million), the most significant amount of its kind, to encourage the research and development of all-solid-state batteries, a cutting-edge battery technology at the heart of the next generation of electric vehicles, industrial sources told China Daily. Battery makers such as Contemporary Amperex Technology Co Ltd and Beijing Welion New Energy Technology, as well as automakers including BYD, FAW Group, SAIC Motor, and Zhejiang Geely Holding Group, will be supported to focus on the R&D of seven projects related to the disruptive tech, the sources said on condition of anonymity. It is expected to further drive a trillion yuan-level market and better contribute to a global green transformation and sustainable economic growth. But the final number of projects might come down to seven, another separate source said to China Daily, adding that CATL, the world...

UPDATE: PLA deploys aircraft carrier, rockets, vessels, fighter jets, missiles in drills around Taiwan island The Chinese People's Liberation Army's Eastern Theater Command deployed aircraft, long-range rockets, vessels, fighter jets, and conventional missiles in its encirclement combat alert patrols and "Joint Sword" exercises around Taiwan. The exercise features all military services and branches under a joint combat system. The weaponry and equipment involved can neutralize opposing forces on the island before they start engaging in combat and deny access to external military reinforcements. The drills also included electronic suppressions on the radar and anti-missile bases on the island of Taiwan to seize control of information. The PLA Navy destroyers and frigates approached the island of Taiwan and practiced close-in assault, far-range deterrence, and air defense. The exercise came only a day after Taiwan regional leader Tsai Ing-wen returned to Taiwan followin...