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Tuesday 30 May 2023
Canadian government to invest in GM-POSCO cathode material project in Quebec
The Canadian government announced on May 29 that it will offer funding support of CAD300 million (US$221 million) for a cathode active materials (CAM) facility constructed by the joint venture between General Motors and South Korea-based POSCO Future M.
LATEST STORIES
Wednesday 31 May 2023
Chinese island shows the way to an all-electric future by 2030
Forget about range anxiety in Hainan.
Wednesday 31 May 2023
Musk meets Chinese officials to deepen Tesla's China ties
Tesla CEO Elon Musk visited China on May 30. He is expected to meet with several Chinese officials and check on the company's Shanghai plant. At a meeting with China's foreign minister, Musk said Tesla opposes decoupling from China and will keep expanding in the country.
Monday 29 May 2023
Australia sees 'enormous market' for its battery metals in US
President Joe Biden's signature climate policy is helping drive a "golden age of mineral exploration" in Australia, as the US rushes to catch up with China on clean energy technologies, the Australian trade minister said.
Friday 26 May 2023
LG Electronics commences EV charger production, aiming to expand in global market
LG Electronics has reached a milestone in its charging business. Its majority-owned company, HiEV Charger, started producing EV chargers on May 24. Besides serving the domestic market, LG said it has already planned product launches and collaborations outside South Korea.
Thursday 25 May 2023
EV battery-maker SK On to raise $944 million to ramp up capacity
SK Innovation Co.'s battery unit will raise as much as $944 million from financial investors in a bid to more than double its global production capacity by the middle of the decade.
Wednesday 24 May 2023
Emerging lithium supplier Argentina says it's close to US deal under IRA
The world's fastest-growing lithium producer says it could soon gain access to the US market.
Tuesday 23 May 2023
BYD evaluates building a European plant; SAIC to roll offline EVs with solid-state batteries in 2025
EV company BYD is looking to expand production capacity in Europe. According to media reports, it is considering several countries in which to build a plant, including France. On the other hand, Shanghai-based SAIC Motor said its first mass-produced EV with solid-state batteries will be ready in 2025.
Tuesday 23 May 2023
Ford secures multiple lithium deals to make 2 million EVs by 2026
Ford Motors announced several agreements with lithium companies on May 22, a step forward to support its EV ambitions. The carmaker also aims to achieve a margin of 8% of earnings before interest and taxes (EBIT) for its EV business segment by late 2026.
Monday 22 May 2023
Akio Toyoda wants to make more than just EVs — and has plenty of company
When Japan played host to Group of Seven leaders last week, the country's top auto executives formed a united front to deliver a familiar message:
Monday 22 May 2023
GM finally enters electric pickup battle with $40,000 Silverado
General Motors Co. is finally pushing into the heart of the electric pickup market with its Chevrolet Silverado work truck starting production this month.
Monday 22 May 2023
Volkswagen-backed Gotion launches LMFP battery to achieve 1000 km driving range
China-based battery company Gotion High-tech introduced its L600 Astroinno battery cell and pack with LMFP materials on May 19. It claimed the product was the first non-NCM battery that can offer a driving range of up to 1,000 kilometers.
Friday 19 May 2023
Korea trade minister says Republican win may lower IRA tax boon
South Korea believes the US may reduce the tax credits in President Joe Biden's landmark clean energy law, which encourages automakers to manufacture electric cars in the US, should Republicans come to power.
Friday 19 May 2023
BMW to start making new EVs in China from 2026
Premium automaker BMW aims to grow its market share in China with locally-made EVs. The company said on May 18 that it will begin manufacturing the Neue Klasse (New Class) models from 2026 onward in Shenyang in China's northeastern Liaoning Province. It will also build a battery plant in the area to support the production.
Friday 19 May 2023
Panasonic hikes battery-related capital spending, looking to build two plants in North America
Panasonic is laying the foundation for ramping up EV battery production. It announced on May 18 that it will boost capital spending on battery-related operations to JPY381 billion (US$2.75 billion) in the current fiscal year. The company also plans to construct at least two plants to make 4680 battery cells in North America by 2030.
Friday 19 May 2023
Formosa Smart Energy Tech wants to unlock LFP, LMFP, and sodium-ion batteries all at once
Taiwan's top three lithium battery cell manufacturers right now are Formosa, Foxconn, and Taiwan Cement (TCC). Among them, Formosa Smart Energy Tech (FSET) was formed by integrating the five major corporations of the Formosa Plastics Group, including Formosa Plastics, NPC, FCFC, FPCC, and FBC. It has the largest publicly invested production capacity in Taiwan.
Global wafer foundry industry analysis and forecast, 2022
DIGITIMES Research Special Report Databases
What is going to power the cars of the future?
China vendors see smartphone shipments down on year in 4Q22 and 1Q23, says DIGITIMES Research
Smartphone shipments to China slip over 10% sequentially in 1Q23, but to stay flat in 2Q23, says DIGITIMES Research
Global foundry revenue to drop 9% in 2023, says DIGITIMES Research