Thailand's government in February approved a series of incentives to promote the use and local manufacture of electric vehicles (EV). The subsidies are welcomed by the industry, but an analyst said Thailand's industry might take up to 10 years to transition to EVs.
Foxconn on March 3 delivered an electric bus developed by its subsidiary Foxtron Vehicle Technologies to Kaohsiung, and it is planning to build an electric bus ecosystem in the city by furthering its cooperation with the local government.
Sony and Honda Motor have announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. The two companies have signed a memorandum of understanding that outlines their intent to establish a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.
Tata Elxsi, a povider of design and technology services, and Renesas Electronics have announced they have set up a design center in Bangalore, India that will develop targeted solutions for electric vehicles (EV).
As Hon Hai Technology Group (Foxconn) is delving deeper in the electric vehicle (EV) industry, the market is waiting to see how smoothly Hon Hai can cooperate with Stellantis and how their affiliate MobileDrive would fare in smart mobility, suppliers said.
As 5G is commercialized more widely, lampposts are turned into micro base stations in cities. These smart poles are equipped with five major systems: 5G communication, smart pole management, AIoT applications, AI transport law enforcement, and edge computers. Huang Chung-yu, CTO at Pegatron, said lampposts provide the power the smart system needs, and they are right by the side of the road. These roadside smart lampposts, or smart poles, are small 5G base stations and they will be an indispensable part of the smart city.
LG Energy Solutions (LGES) and Samsung SDI are reportedly to launch new-generation 21700 lithium-ion battery with increased energy density by 10%, which could further sharpen South Korea's edge in electric vehicle (EV) battery making, a media report said.
Last year, Aeon Motor launched three new models of electric scooters, following hot sales in the previous year. Electrification includes not only trucks and passenger cars but also scooters. Tony Lin, who just left his role as CEO of Aeon Motor on February 28, noted recently that e-scooter will be one of the company's core products.