The semiconductor and IT value chains in Taiwan have raised their alerts to the surging COVID cases locally, adopting work-from-home and other precautionary measures, though so far no major infections have been reported among the big...

Carmaker Stellantis and Taiwan-based EMS giant Foxconn are set to announce a strategic partnership later today, according to the Europe-based conglomerate.

Vietnam-based Vingroup is set to invest US$300 million in the US to prepare for the release of its newest electric bicycles and vehicles in the country, according to the Vietnamese government data.

China-based Contemporary Amperex Technology (CATL), a LFP (lithium ferrous phosphate) battery maker in the supply chain of Tesla, reportedly will raise its quotes by 10% to reflect increased costs for LFP materials, according to industry sources.

Foxconn Technology (Hon Hai) will see only limited impact of component shortages and its EV business will advance further after entering into cooperation with US-based EV vendor Fisker, according to company chairman Young-Way Liu.

Foxconn has made another step towards developing more affordable electric vehicles. The EMS giant has just struck deals with California-based Fisker for the development of EVs with starting prices under US$30,000. Meanwhile, the global...

Fisker, a developer of electric vehicles (EV) and mobility solutions, has announced it has signed framework agreements with Foxconn (Hon Hai) Technology Group for joint development of EVs that will enter the market with starting prices under US$30,000, with manufacturing to start in the US from fourth-quarter...

Material costs for LFP (lithium iron phosphate) batteries have been rising amid strong demand for them, according to China-based media reports.

Foxconn Industrial Internet (FII), a server and industrial communication/networking device maker, has stepped into development and production of components used in electric vehicles (EVs) in line with Foxconn Electronics' EV business.

As governments in many European countries have set deadlines for banning sales of new fuel cars and the EU will tighten carbon emission standards, European Automobile Manufacturers' Association (ACEA) has recommended the number of public power charging piles around Europe be increased to one million...

Thailand saw exports for automobiles and automotive components grow 43.11% on year in March and 23.76% in first-quarter 2021, according to local media reports.

South Korea became the third largest origin country in terms of direct foreign investment (DFI) in Indonesia in first-quarter 2021, during which Hyundai Motor began construction of an electric vehicle (EV) plant there.

Taiwan-based Teras Marine Services has teamed up with K2 Management A/S, a Denmark-based engineering and management consultant for renewable energy development projects, for designing offshore transformer stations and undersea cables as well as providing management services for an offshore wind farm...

TSMC has allocated a budget of almost of US$3 billion for expanding capacity of mature process technology. But until the capacity comes on line, mature process capacity will remain tight throught at least year-end 2022. Tight foundry...

Taiwan-based electric scooter vendor Gogoro has announced a strategic partnership with India-based Hero MotoCorp for setting up a joint venture to operate battery-swapping Gogoro Network and develop electric motorcycles and scooters for sale in India.

Green energy will become an economical low-carbon energy system to better efficiency in power usage and support Taiwan's economy in the future, according to Chen Yen-haw, a deputy general director at Taiwan Institute of Economic Research (TIER).

Foxconn will continue to invest in Wisconsin but will look for suitable business sectors there, according to company chairman Young-Way Liu in response to the firm's decision to downsizing its manufacturing plant - originally meant to be an LCD fab - in the US state.

Delta Electronics has announced a deal with North-Star Petroleum to install electric vehicle (EV) charging piles at the latter's 57 gas stations around Taiwan, with operation to kick off by year-end 2021.

Teco Electric & Machinery has signed cooperative framework agreements with international offshore wind farm developers and makers of PM (permanent magnet) generators for supply of stators and rotors, according to Teco.

Major Chinese and South Korean makers of EV-use lithium batteries have been setting up plants in Europe and the US respectively, encouraged by the region's strong plicy support for new energy cars.

China-based makers produced 216,000 new energy vehicles and sold 226,000 units in March 2021, rising 2.5 times and 2.4 times respectively on year, according to China Association of Automobile Manufacturers (CAAM).

Automotive electronic component maker Mobiletron Electronics expects the proportion of sales from electric buses to rise from 13.5% in 2020 to 30% in 2021, according to company chairman Kim Tsai.

China-based LFP (lithium iron phosphate) battery makers, despite increases in material cost, are willing to maintain quotes at current levels by absorbing such increases themselves, according to China-based media reports.

Taipei AMPA (Automobile and Motorcycle Parts and Accessories) and Autotronics Taipei are being held from April 14-17 with a total of 380 exhibitors showcasing their latest automotive components, car electronics, electric vehicles (EV) and IoT innovations.

Government-sponsored Industrial Technology Research Institute (ITRI) will in 2021 begin a project aiming to form an ecosystem in southern Taiwan for compound semiconductor-based automotive power electronics, according to Wu Cheng-wen, senior vice president for ITRI.