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Monday 7 March 2022
China to end NEV subsidy policy at end of 2022
China recently announced it will cut new energy vehicle (NEV) subsidies. Subsidies will be reduced by 30% in 2022 compared to 2021 and will be completely cut at the end of the year,...
Monday 14 February 2022
India roundup: 20 companies get approval under clean auto subsidy scheme
India's Ministry of Heavy Industries released a list of applications approved under the Production Linked Incentive...
Thursday 3 February 2022
India's wafer subsidy 'too little to make progress'
The Indian government is offering subsidies totalling INR760 billion (US$10 billion) for local manufacturing of semiconductors and panels. The initial subsidies might suffice to set...
Wednesday 19 January 2022
Hyundai applies for India's battery manufacturing subsidy
Hyundai, Ola Electric, and Reliance New Energy Solar have applied for the production-linked incentive (PLI) scheme aimed for advanced battery manufacturing, according to official...
Tuesday 21 December 2021
China to cut EV subsidy by 30% next year
Going into 2022, China is offering 30% less EV subsidies for carmakers, according to government rules, and only subsidizing EVs priced below CNY300,000 (US$47,000). The coming year...
Wednesday 8 December 2021
TSMC founder criticizes recent remarks made by Intel CEO
Recent remarks made publicly by Intel's CEO Pat Gelsinger were his attempt to get more US government subsidies for Intel, TSMC's founder Morris Chang has commented.
Thursday 19 August 2021
India two-wheeler maker TVS Motor raises capital spending to manufacture EVs
India's TVS Motor is raising capital spending by 33% to INR8 billion (US$3 billion) to bring its electric motorcycle iQube nationwide and to raise monthly production of electric two-wheelers...
Monday 16 August 2021
India EV supply chain may benefit from Taiwan suppliers
With a huge population of 1.37 billion people, a high demographic dividend, and generous subsidies for electric vehicles (EV) from both the central and state governments, India is...
Friday 18 December 2020
Taiwan offers handsome subsidies to spur homegrown EVs production
The government in Taiwan is keenly joining forces with manufacturers to develop electrical vehicles (EVs), offering handsome subsidies to encourage homegrown production of key EV...
Tuesday 21 July 2020
China LED makers receive CNY1.05 billion in 1H20 subsidies
Local governments in China offered subsidies of CNY1.05 billion (US$149 million) for Chinese LED firms in first-half 2020, according to Gaogong Industry Research Institute (GGII).
Monday 2 March 2020
III-V semiconductor makers to gain from China 5G handset subsidy
China is reportedly to launch a 5G handset subsidy policy to stimulate consumer purchases amid the coronavirus outbreak, a move expected to significantly benefit Taiwan-based compound...
Monday 2 March 2020
China reportedly to offer subsidies to rejuvenate handset market
China's government and telecom operator are reportedly to join forces to rejuvenate its dwindling handset market by offering subsidies to consumers for the purchases of 5G phones,...
Tuesday 4 June 2019
China local governments slash subsides for LED makers
Local governments in China have sharply reduced subsidies for domestic LED firms, shifting the focus of subsidization from procuring MOCVD sets to R&D for technological innovations...
Friday 31 August 2018
Delta Electronics to develop extreme fast EV charger with subsidy from US Department of Energy
Delta Electronics has announced it will start a 3-year project to develop Extreme Fast Charger (XFC), a device with power output of 400kW for charging electric vehicles (EV) with...
Monday 9 July 2018
Sanan Optoelectronics tops China LED makers in 1H18 government subsidization
Sanan Optoelectronics received CNY780 million (US$123 million) in local government subsidies in first-half 2018, the highest among all China-based LED firms, according to industry...