Tesla CEO Elon Musk has reportedly tried persuading India government think tanks to request the government to lower tariff rates on imported electric vehicles (EVs), paving the way for Tesla to tap the market, India-based Economic Times cited knowledgeable persons as indicating.
In terms of the global electric vehicle (EV) supply chain, Taiwan-based ICT makers are relatively competitive in EV components and sub-systems and less competitive in batteries, according to Digitimes Research.
Texas Instrutments has given a less optimistic outlook for the third quarter of 2021, but industry sources have claimed that TI still sees prolonged lead times. TSMC has disclosed it is in early talks with clients about the feasibility of constructing a fab in Germany, and industry observers say such a fab could be a boost to Europe's car supply chain. DIGITIMES Asia president Colley Hwang has just published the first of his latest series of analysis of the global IT supply chain.
Although the supply of automotive chips in the second half of the year remains slow and the overall shortage of materials continues to affect future shipment, the automotive lighting module maker, Excellence Optoelectronics (EOI) still expects its sales performance in 2021 to be better than 2020.
TSMC is evaluating the feasibility of building more fabs overseas fabs, including Germany, according to the foundry house's chairman. Strong demand and tight capacity are sending foundry quotes rising. UMC is mulling raising service fees further by 10-15% in first-quarter 2022 for 40nm process. MIH CEO Jack Cheng believes the Foxconn-led open platofrm for EV development is revolutionzing the car industry.
Taiwan's automotive PCB makers are expected to significantly ramp up their shipments in the second half of the year as car chip shortages are improving along with a notable surge in capacity support from TSMC and other peer foundry houses, according to industry sources.
COVID-19 has prompted many people to rethink life and work, and many industries to accelerate their development. Vehicle electrification has been picking up pace, and the car industry and smart mobility have entered a new era promising better, faster and more efficient development.
Vietnam-based VinFast's branch offices in the US, Canada, France, Germany, and Netherland have begun operation and will start selling electric vehicles (EVs) in these countries, according to a report by Vietnam Investment Review.
First-tier automotive IC IDMs in the US, Japan and Europe have reportedly approached OSATs including ASE Technology, Powertech Technology (PTI) and Greatek Electronics to book backend capacity for 2022, according to industry sources.
Taiwan-based pure-play foundries including TSMC, United Microelectronics (UMC), Vanguard International Semiconductor (VIS) and Powerchip Semiconductor Manufacturing (PSMC) are all gearing up for a boom in demand for automotive electronics by ramping up their output for related chips, according to industry sources.
India's largest car parts supplier Motherson Sumi Systems is riding the wave of automobile electrification. Placed 89th in DIGITIMES' Asia Supply Chain 100, Motherson Sumi might be able to reach its revenue goal of US$36 billion by 2025, despite the worldwide shortage of semiconductors and rising copper price.
Foxconn Electronics (Hon Hai), Foxtron Vehicle Technologies and Japan-based motor maker Nidec are in talks for establishing a Taiwan-based joint venture to develop, produce and market motor-based powertrains for use in electric vehicles (EVs) and automotive electromechanical products, according to Foxconn.
In light of the global semiconductor demand surges and chip companies looking to avoid the risks from the trade war and supply chain storage, the India government has recently provided new incentives to global semiconductor companies to set up fabs in the country, after a similar move failed a decade ago. But most of the global leading semiconductor companies still stay unresponsive due mainly to a lack of a complete ecosystem in South Asia.
Several Taiwan-based ICT makers and associations will participate in establishing Taiwan Advanced Automotive Technology Development Association (TADA) soon, according to the initiator Frank Huang, chairman for wafer foundry service provider Powerchip Semiconductor Manufacturing.
The world's largest motorcycle manufacturer Hero MotoCorp is planning to expand its business into Battery as a Service (BaaS) and Vehicle as a Service (VaaS). According to Money Control's statistics, India-based Hero MotoCorp has 37% market share of India's gas-powered two-wheeler market.
Wistron expects revenue from car electronics to double this year. After having partnered up with three Chinese car makers including NIO, Wistron is now looking to gain more tier-1 Japanese OEM partners for new energy cars, according to David Shen, president of Wistron Smart Devices.
IKKA Holdings (Cayman), a maker of precision plastic injection molded components, was successfully listed on the Taiwan Stock Exchange on May 31, 2021. DIGITIMES recently talked to Vincent Hu, chairman and COO of IKKA, about why the company focuses on plastic injection and how it is going to work more closely with automakers in China, Japan and Southeast Asia.
Delta Electronics (Thailand), the subsidiary of Taiwan-based Delta Electronics, has become the regional business headquarters and manufacturing center in India and Southeast Asia for its parent company.
Tesla's new 4680-format battery cells reportedly are facing delays as competition in the electric vehicle (EV) battery sector heats up. Taiwan-based Foxconn (Hon Hai) is clearly among those who are seeking to play a major role in the EV battery sector, having just disclosed a plan to invest in Singapore-based SES, a maker of Li-metal batteries for EVs.
A total of 38 makers of EV-use batteries have been set up in recent years in Europe, which is expected to become the world's second largest EV-use battery supply chain next only to China in 2025, according to industry sources.
Foxconn Electronics (Hon Hai Precision Industry) will cooperate with CTBC Financial Holding to set up an industry fund specifically for investing in companies engaged in electric vehicles (EVs) in a bid to boost development of EV-related industry sectors in Taiwan, according to Foxconn.
With software defined vehicles emerging as a new trend for the auto industry, automotive operating systems and software programs will become a new field of competition in the market, prompting related players to step up the development of relevant solutions, according to Digitimes Research.