As global electric vehicles (EVs) sales in 2021 exceeded 6.6 million units and major countries set timetables for achieving carbon neutrality, many businesses have joined, or are eyeing, the burgeoning industry of alternative fuel vehicles.
Low Earth orbit (LEO) satellite communication is considered essential for building vehicle-to-everything (V2X) network. Taiwan-based Tron Future Tech is a precursor in the area with its radar and satellite communications systems.
The India EV market trends have shown that 2-wheelers will lead its mass adoption. Several companies are already trying to enter this market with EV scooters and motorbikes, some of which have zero experience in the automobile sector.
E-Led Electronic has patented a 3D AR head-up display (HUD) technology, which can be used to achieve holographic displays in the metaverse. Even though the popularity of the metaverse has reached the automotive industry, Hsi-Hsun Chen, chairman of E-Lead Electronic, is not jumping headfirst into the metaverse hype, believing it is hard to predict when exactly the metaverse will even truly be implemented.
Thailand's government in February approved a series of incentives to promote the use and local manufacture of electric vehicles (EV). The subsidies are welcomed by the industry, but an analyst said Thailand's industry might take up to 10 years to transition to EVs.
Foxconn on March 3 delivered an electric bus developed by its subsidiary Foxtron Vehicle Technologies to Kaohsiung, and it is planning to build an electric bus ecosystem in the city by furthering its cooperation with the local government.
Sony and Honda Motor have announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. The two companies have signed a memorandum of understanding that outlines their intent to establish a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.