The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Upon implementation of the European Chips Act, TSMC and Intel are enticed to make substantial investments in Europe, whereas Samsung Electronics maintains a wait-and-see attitude...
A German official said the country might not provide additional subsidies for Intel to expand its chipmaking capacity in Europe as opinions among the eurozone's largest economy are...
Nvidia has become the second American multinational semiconductor company to receive subsidies from the "Pilot Enterprise R&D Deep Dive Program" launched by the Department of...
French President Emmanuel Macron announced last week that the country will revise its EV subsidy program, aiming to facilitate battery and vehicle production in Europe. According...
The Shanghai Municipal Government has just announced a set of policy measures to strengthen the development of modernized industrial systems, offering subsidies to encourage more...
The details of the US CHIPS and Science Act (also known as the CHIPS Act) subsidies, which aims to rebuild the country's local semiconductor supply chain, have been released, but...
Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below...
The global chip shortage has resulted in countries elevating semiconductor manufacturing to a "national security issue." Not only are the Chinese and Korean governments continuing...
Indonesia took a step forward to boost its EV market on March 6. The government announced a subsidy program for electric scooters, vehicles and buses. Officials said the country is...
New Chinese automakers have experienced a delivery reduction for January 2023 due to China's new energy vehicle (NEV) subsidies ending and a consumer slack season. In addition, Tesla's...
The Chinese government recently announced that it's extending the tax subsidies for new energy vehicles (NEVs). Coupled with the falling prices of lithium ores, the main raw material...
China will terminate the subsidy program for new energy vehicles(NEV), including EVs, on the first day of 2023. Car companies are taking the final opportunity to boost sales. Industry...
Amid a fierce tussle between India's state governments to woo chip plants, Gujarat announced India's first incentive scheme for semiconductor and display investments.
As part of its efforts to pursue net-zero carbon emissions, China has activated a new round of subsidy program to stimulate purchases of new energy vehicles (NEVs) in rural areas,...
