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Thursday 5 May 2022
Indian TaaS startup gogoBus wants to expand to SE Asia with partners
Indian Transport as a Solution (TaaS) startup aims to expand to Southeast Asia and MENA as these regions have conditions similar to India. Speaking to DIGITIMES Asia recently, Avinash Bagri, co-founder & CTO of gogoBus, explained that finding the right partners in these regions is important to the company.
Thursday 5 May 2022
Tata's chip and EV investments in full swing
At a time when India's demands for electric vehicles (EV) and semiconductors are rapidly growing, Tata Group is accelerating its investments to align with Narendra Modi's self-reliant India.
Wednesday 4 May 2022
SM Lab-developed cathode materials said to be more efficient than LFP
South Korea-based battery startup SM Lab has successfully developed manganese and nickel materials for battery cathodes, and reportedly is to co-produce EV batteries with Volkswagen, according to Investment Bank (IB), as cited by Korean local media Aju Business Daily.
Wednesday 4 May 2022
LGES 1Q22 revenue beats forecast; Samsung SDI hits reord quarterly profits
South Korea-based battery manufacturers reported strong on-year revenue growths in the first quarter of 2022, according to local news outlets.
Wednesday 4 May 2022
Darfon sees e-bike order visibility till year-end 2022
Darfon Electronics has obtained orders for electric bicycles (e-bikes) with shipments scheduled until the end of 2022, according to company chairman Andy Su
Tuesday 3 May 2022
SEA roundup: Toyota Thailand receives subsidies for BEV
Toyota Motor Thailand has signed an agreement with Thailand's Excise Department to receive tax incentives and a subsidy for Toyota's battery electric vehicle (BEV) model bZ4X, the Bangkok Post reported on April 29. According to the department, Great Wall Motor Thailand and MG Sales Thailand have also signed such an agreement, which brings BEV taxes down from 8% to 2% until 2026 and provides a subsidy of THB70,000-150,000 to each BEV buyer. Furthermore, import duty on BEV from Japan, South Korea, and Europe will decrease to 20%, 40%, and 40% respectively.
Tuesday 3 May 2022
NIO marks production of 200,000th vehicle
Chinese carmaker NIO has disclosed that its 200,000th mass-produced vehicle rolled off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei last week.
Tuesday 3 May 2022
Delta Electronics expects EV-use device sales to grow 30-40% in 2022
Power supply maker and energy solution provider Delta Electronics expects sales from devices for electric vehicles (EVs) to increase 30-40% in 2022, according to company chairman Yancey Hai.
Tuesday 3 May 2022
India roundup: ISMC to set up 65nm fab in southern India
Semiconductor consortium ISMC, a joint venture between Tower Semiconductor and Next Orbit Ventures, has announced to invest US$3 billion to set up a 65nm chip-making plant in Mysuru, Karnataka, the first and largest semiconductor fab in India, according to The Economic Times.
Friday 29 April 2022
China accelerating EV battery swapping deployment despite challenges ahead
China, the second-largest electric vehicle(EV) market, is aggressively deploying charging infrastructure, including battery swapping stations. Multiple businesses have launched swapping services backed by government subsidies. However, challenges like lacking standardized batteries may slow down the democratization.
Friday 29 April 2022
Taiwan's biggest offshore wind farm generates first power
Denmark-based offshore wind power developer Orsted has announced that it successfully delivered the first power from Taiwan's Greater Changhua 2a Offshore Wind Farm on April 21, 2022.
Friday 29 April 2022
Korean battery developers boosting production in North America
The South Korea-China rivalry for the dominance over electric vehicle (EV) battery production is intensifying, as companies from both camps have successively rolled out plans to build overseas factories, according to media reports.
Friday 29 April 2022
Battery recycler TES: Circular economy is crucial in battery recycling
The EV battery world is crying out for a credible plan to address the spike in battery materials prices. Lithium, for example, the price has been growing all through 2021, hitting over US$25,000 per ton by the end of last year, and now jumped to the highest at over US$40,000 per ton this month, according to Forbes.
Friday 29 April 2022
BYD adopts Journey 5 self-driving processor from Horizon
BYD and Horizon Robotics recently announced a partnership involving Horizon's latest high-performance processor Journey 5 for autonomous driving. BYD said it will utilize the car chip in some of its cars as early as mid-2023.
Friday 29 April 2022
Korean 8-inch wafer fabs enjoy robust growths
South Korea's contract chipmakers SK Hynix System IC and DB HiTek last year reported robust profit growths, as 8-inch fab capacity, once neglected a few years ago, has come back to the mainstream, according to media reports.