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Friday 12 August 2022
Xiaomi aims to be smart EV leader in 2024 with CNY3.3 billion investment
Xiaomi finally updated on its progress on autonomous driving technology after an announcement of entering the smart electric vehicle (EV) segment 500 days ago. The company has built a team of over 500 professionals, planning to invest CNY3.3 billion (US$489.1 million). It is poised to lead the industry in 2024.
LATEST STORIES
Thursday 11 August 2022
SAIC Volkswagen sees June, July car sales in China hike on year
SAIC Volkswagen, a China-based joint-venture automaker established by Volkswagen and China-based automaker SAIC Motor, saw sales of its automobiles in the China market in June and July 2022 hike on year by 94% and 85% respectively, according to China-based media reports.
Thursday 11 August 2022
PCB makers to benefit from EVs
Taiwan-based PCB makers are expected to benefit from fast growing demand for electric vehicles (EVs), with EV-use PCBs becoming one of the main sources of growth in second-half 2022 sales, according to industry sources.
Thursday 11 August 2022
Foxconn eyeing Indonesia's future capital city, Nusantara
Indonesia's plan to move its capital from Jakarta to Penajam Paser Utara, East Kalimantan is becoming more and more real.
Thursday 11 August 2022
Net Zero Series (1): Carbon pricing versus carbon offsetting
The current approach to fixing climate change is not promising. Not only are many efforts going into the net-zero project, but the outcome is always the bathtub metaphor.
Thursday 11 August 2022
Foxconn raises 2022 sales outlook
Hon Hai Precision Industry (Foxconn) revised its sales outlook this year to an on-year increase despite excess inventories held by its customers.
Wednesday 10 August 2022
Heterogeneous integration to boost EV-use SiC, GaN performance
Third-generation compound semiconductors such as SiC and GaN are very crucial to the future development of electrical vehicles (EV) and green power industries, and heterogeneous integration will play a pivotal role in determining market competitiveness for the WBG (wide bandgap) components, according to Hao-Chung Kuo, director of Semiconductor Research Center under Hon Hai Research Institute.
Wednesday 10 August 2022
Indonesia secures US$5 billion nickel deal from Tesla
Tesla has signed contracts worth approximately US$5 billion to purchase nickel from two companies in Indonesia on August 8, 2022, according to Luhut Pandjaitan, the coordinating minister for investment and maritime affairs.
Wednesday 10 August 2022
Iron Force Industrial eyes increased orders along with launch of new energy cars
Automotive part maker Iron Force Industrial, viewing that main international automakers have planned to launch new models of new energy cars and sales of new cars are being boosted in the China market, looks to potentially increased orders, according to industry sources.
Wednesday 10 August 2022
Auto chip shortage may dampen demand in India's upcoming festive season
After walking out of the impact of the pandemic on production, car makers in India still have to face lingering chip shortages, which may hurt the demand in the upcoming festive season.
Tuesday 9 August 2022
Jidu reveals ambition to deliver 800,000 robot cars annually by 2028
China-based Jidu Auto is marching toward the realization of intelligent electric vehicles (EV). Baidu's car-manufacturing brand announced that it aims to deliver the first production robot car in the second half of 2023, reaching a delivery goal of 800,000 vehicles per year by 2028.
Tuesday 9 August 2022
Thermal module makers extend application to automotive electronics
Heat dissipation module makers TaiSol Electronics, Yen Sun Technology, Auras Technology and Jentech Precision Industrial have extended application of products from consumer electronics to automotive electronic components, according to industry sources.
Tuesday 9 August 2022
SK IE Technology collaborates with Vingroup to supply EV battery material
SK IE Technology Co. (SKIET), a company under SK group and in the business of electronics materials, announced on August 5, 2022, that it has signed a deal with Vingroup to supply battery materials.
Tuesday 9 August 2022
BenQ Materials expands production capacity for Li-ion battery separator films
Polarizer maker BenQ Materials is expanding production capacity for separator films used in EV Li-ion batteries at its factory in central China, with completion scheduled for the fourth quarter of 2022, according to company president Ray Liu.
Tuesday 9 August 2022
GSEO, Calin Tech gearing up for AR/VR, automotive products
Taiwan-based optical lens module makers Genius Electronic Optical (GSEO) and Calin Technology have stepped up their deployments in the AR/VR and automotive sectors, according to industry sources.
Monday 8 August 2022
US Senate renews EV tax credit while many models likely not eligible
The US Senate passed the Inflation Reduction Act on August 7, which contains the renewal and improvement of an electric vehicle (EV) tax credit for US buyers. However, whether the revised tax credit will boost the country's EV market remains unknown, as many car models will likely not be eligible.