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Thursday 15 September 2022
Mature process manufacturing demand to stay robust for automotive ICs, says McKinsey
The manufacture of automotive ICs will continue to rely mainly on mature process technologies, according to Denise Lee, senior consultant at McKinsey.
Wednesday 14 September 2022
Delta Electronics to ship 1,000 fast chargers to EVgo
Taiwan-based power management solution supplier Delta Electronics disclosed it has signed an agreement with American EV charging station operator EVgo to supply it with 1,000 fast chargers.
Wednesday 14 September 2022
Energy storage systems in growing demand in Taiwan, says Foxwell president
Along with development of PV and offshore wind power generation, demand for energy storage systems is fast growing in Taiwan, according to president Hau Xia-peng for green energy trading platform Foxwell Power.
Wednesday 14 September 2022
PCB firms look to EVs, servers for 2022 growth
Taiwan-based PCB manufacturers are enhancing their presence in the electric vehicle (EV) and server sectors as they have seen their growth thus far this year depend mainly on increasing demand from the two sectors, according to industry sources.
Tuesday 13 September 2022
Cylindrical cells gain favor as BMW becomes the latest adopter
Cylindrical battery cells seem to gain traction in the EV segment as they offer higher energy density and can reduce costs. BMW recently announced the adoption of round cells in new EV models from 2025, aiming to halve the battery price.
Tuesday 13 September 2022
Foxconn reportedly looking to enter India's swappable battery market
Following its entry into the EV business and investment in Gogoro, Foxconn is reportedly looking to venture into India's battery swappable market, with or without Gogoro.
Tuesday 13 September 2022
Ford reportedly to downsize dealership; GM has done it
Ford is said to mull over cutting delivery and inventory costs to reach competitive pricing with Tesla and other EV startups, Reuters reported.
Monday 12 September 2022
BYD to build EV manufacturing ecosystem in Rayong, Thailand
Chinese EV maker BYD has acquired land from Thailand's WHA Group to build its first overseas factory for passenger vehicles outside China, according to Chinese-language news outlet Sina.
Monday 12 September 2022
India roundup: Reliance to acquire US-based solar energy software maker
Reliance is continuing its green push by acquiring another solar energy firm. India electronics manufacturing is gathering pace with Dixon obtaining Google's smart TV sub-license rights.
Monday 12 September 2022
SEA roundup: AMD to increase R&D spending in Singapore
AMD is looking for an R&D expansion in Singapore amid Asia supply chain relocation. BYD and Tesla are increasing their investment in Thailand.
Thursday 8 September 2022
Chinese EV maker Nio reports decreased 2Q22 margin, facing substantial delivery pressure in 4Q22
China-based EV startup Nio's total revenues reached CNY10.29 billion (US$1.54 billion) in the second quarter of 2022, a 21.8% increase from the previous year. However, the company's overall gross margin and vehicle margin both declined mainly due to the growing battery costs.
Thursday 8 September 2022
Powertrain shortage easing, but other concerns persist: Mahindra India
The Indian automotive giant Mahindra & Mahindra recently announced the launch of a series of consumer electric vehicles, joining a rapidly growing market. But even as the Indian EV market gathers momentum, certain supply chain shortage concerns persist, especially with regard to semiconductors and components.
Thursday 8 September 2022
Compal Electronics develops 5G- and C-V2X-based railway safety system
Compal Electronics has developed a railway safety system through integrating 5G real-time data transfers and C-V2X (Cellular-Vehicle to Everything) wireless connectivity, both in compliance with 3GPP (3rd Generation Partnership Project) specifications, with AI-based image recognition technology. It is the first smart decision-making and early warning system for railway safety in Taiwan, according to the company.
Thursday 8 September 2022
South Korea to resolve EV export issues with USTR
South Korea Trade Minister met up with US Trade Representative (USTR) Katherine Tai in Washington on Sep 7 to discuss the inclusion of South Korea's electric cars in the US' EV subsidy program, according to South Korean news outlet Yonhap News Agency.
Thursday 8 September 2022
Xiaomi to reportedly adopt Hesai LiDAR for first autonomous EV
China-based smartphone vendor Xiaomi has stepped into developing autonomous electric vehicles (EVs), and will reportedly adopt LiDARs developed by China-based Hesai Technology for its first autonomous EV, according to industry sources.