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Friday 1 July 2022
LGES signs MoU with Compass Minerals for lithium supply
LG Energy Solution has signed a memorandum of understanding (MoU) with US-based mining company Compass Minerals for battery-grade lithium materials. According to Korean news outlets, this was LGES's first agreement with an American lithium supplier.
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Thursday 30 June 2022
Renesas partners with Tata on advanced electronics for India and emerging markets
Renesas, a Japan-based advanced semiconductor solutions provider, will partner with Tata Group's subsidiaries on EVs, semiconductors, and telecom networks, highlighting the ever-deepening partnerships between the two companies.
Thursday 30 June 2022
Tata Technologies joins Foxconn-initiated MIH
Tata Technologies, a subsidiary of Tata Group, announced that it had joined the Foxconn-initiated MIH consortium, the third company under Tata Group to join MIH.
Thursday 30 June 2022
Fit for 55: European Council agrees on higher targets for renewables and energy efficiency
The European Council negotiated two legislative proposals that tackle the energy aspects of the EU's climate transition under the 'Fit for 55' package: the renewable energies directive and the energy efficiency directive. The agreements pave the way for the Council to start negotiations with the European Parliament.
Wednesday 29 June 2022
Tianqi Lithium seeks IPO in Hong Kong
Information from the Stock Exchange of Hong Kong shows that China-based Tianqi Lithium has applied for an IPO in Hong Kong.
Wednesday 29 June 2022
Kia reportedly to adopt CATL batteries for new Niro EV
Kia reportedly will adopt battery cells from China-based CATL for its new generation of Niro electric vehicle (EV), which industry sources said could be a starting point for Chinese battery makers to foray into South Korea's car manufacturing market.
Wednesday 29 June 2022
Hyundai reportedly to launch locally-made Stargazer in Indonesia
Hyundai was the most popular EV brand in Indonesia in May 2022, data from the Association of Indonesia Automotive Industries (GAIKINDO) showed.
Tuesday 28 June 2022
How Taiwanese battery module suppliers differentiate from Chinese ones
Taiwan-based battery module suppliers still hold a solid market share despite being challenged by Chinese large module makers in IT industry, thanks to their expertise in detection of multiple parallel-connected modules and in flexible production.
Tuesday 28 June 2022
Maruti Suzuki bets on hybrid instead of EV
While major car manufacturers in India are looking for EV expansion, Maruti Suzuki, the top passenger vehicle brand in India, believes that EVs will not be mainstream in the foreseeable future and will focus on hybrid and compressed natural gas (CNG) models instead.
Tuesday 28 June 2022
MOEA amends cogeneration regulation in line with efforts to reduce carbon emissions
Ministry of Economic Affairs (MOEA) has drafted an amendment to the regulation on cogeneration in a bid to boost replacement of coal with natural gas used in cogeneration in line with Taiwan's goal of attaining net-zero carbon emission in 2050, according to MOEA.
Tuesday 28 June 2022
Foxconn pushes for EV and battery deployment in Indonesia
Foxconn chairman Young Liu has met up with Indonesian president Joko Widodo to discuss its investment projects in Indonesia, including making EV battery and building smart city infrastructures, according to multiple media sources and Foxconn's official statement.
Monday 27 June 2022
SEA roundup: Malaysia seeks more investment from semiconductor players
Tech startups are reportedly laying off workers as global economic uncertainties loom. Meanwhile Malaysia is seeking more investment to upgrade its semiconductor prodution and Thailand has seen car production fall sharply this year due to persistent chip crunch.
Monday 27 June 2022
AOET developing non-notebook-use optical lenses
Ability Opto-Electronics Technology (AOET), in a bid to diversify its product lines, has been developing precision optical lenses for devices other than notebooks, including automotive cameras, smart surveillance systems, drones and facial/iris recognition modules, according to company chairman and president Victor Gao.
Monday 27 June 2022
ASE connects ESG standards and frameworks dots
Sustainability reporting is constantly evolving. The foundations of environmental, social, and governance (ESG) are grounded on Socially Responsible Investing (SRI) and built up to the highly anticipated International Sustainable Standards Board's approach.
Monday 27 June 2022
Largan, GSEO developing non-smartphone-use lens modules
Lens module makers Largan Precision and Genius Electronic Optical (GSEO), viewing that global demand for smartphones has slowed down, has been developing lens modules for other applications, mainly automotive cameras and VR/AR devices.
Monday 27 June 2022
India roundup: Foxconn chairman visits India for electronics manufacturing plans
Taiwan-based Foxconn delegation visited India to discuss investment plans, and Ola decided to focus more on its emerging EV business.