Will Russian energy storage firm Renera invest in EV batteries?

June 23, 2023: Russian energy storage firm Renera says a special investment contract providing incentives and financial backing for domestic production of batteries for EVs and stationary storage systems was signed at the St Petersburg International Economic Forum on June 16.

Should Russia create an infrastructure for EV charging stations?

Russia must also “create an infrastructure for charging stations” for EVs, he said. Rosatom announced on November 23 that it had established a new subsidiary — Renera — dedicated to the manufacture of energy storage systems.

Will Russia achieve 'technological sovereignty' for the automotive industry?

Mishustin told a meeting of deputy prime ministers on December 26 that Russia had to achieve “technological sovereignty” for the automotive industry in particular — and state-owned corporation Rosatom had started building a 4GWh lithium ion batteries plant in the Baltic Sea enclave of Kaliningrad. The plant should start operations in 2025.

Is Russia still subsidizing Chinese gas consumption?

“So Russia is, in effect, still subsidizing Chinese gas consumption.” She added that “China is definitely in the driver’s seat” when it comes to energy deals. The announcement underlines that China is the dominant partner, said Alexander Gabuev, director of the Carnegie Russia Eurasia Center. China “has multiple other sources to import gas.

Will Russia produce a prototype battery by the middle of the year?

The move follows Russia’s claim last month that it will have produced prototype batteries by the middle of the year.

Did Russia and China agree on gas prices?

There was no agreement on gas prices or even who would finance the pipeline’s construction. Analysts say the announcement was primarily a chance for Russia and China to underline their closer relationship, and for China to snub supplies of U.S. liquefied natural gas that comes by ship.