Idemitsu’s lithium sulphide plant will support Toyota’s EV goals
February 28, 2025
The facility at Idemitsu’s Chiba refinery, expected to be completed by mid-2027 at a cost of USD 143 million, will have a production capacity of 1,000 metric tons of lithium sulphide annually.
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Toyota backs LG’s Michigan battery plant with $1.5B order
February 21, 2025
LG Energy Solution was looking for new customers after General Motors reached a non-binding agreement with LG to sell its stake in the Lansing, Michigan, plant.
Toyota Establishes New EV and Battery Production Company in China
February 10, 2025
Toyota has announced that it will establish a wholly owned production company in Shanghai to increase its production of EVs and batteries for its Lexus brand.
Toyota ready to begin production in $14B battery plant in US
February 06, 2025
The battery facility in North Carolina, Toyota's 11th manufacturing plant in the US, will produce batteries for hybrid EVs, plug-in hybrid EVs and battery electric vehicles.
Rapidus targeting 2nm chip production for Broadcom
January 13, 2025
Fresh reports say Japanese foundry Rapidus will begin trial production of 2nm chips in April 2025, and has Broadcom lined up as its first major customer.
Volkswagen user data leaked
January 03, 2025
Cariad, Volkswagen's software development subsidiary, has unwittingly leaked sensitive user data for electric vehicles from Volkswagen, Audi, Seat and Skoda. The leak included email addresses, phone numbers, location details and car owners' data.
China and Korea to overtake Japan in commercialization of All-Solid-State Batteries
January 02, 2025
China and South Korea are expected to overtake Japan in the commercialization of semiconductor batteries in 2024 thanks to a subsidy of more than $660 million, according to recent TrendForce reports.
Japan to invest $635M in chipmaker Rapidus in 2025
December 27, 2024
Rapidus is building a plant in the city of Chitose in Hokkaido to start mass production of next-generation semiconductors with a circuit line width of 2 nanometers in 2027.
India mulls $1.1 billion plan to boost EV battery production
December 02, 2024
The scheme aims to support the domestic manufacturing of key components such as electrodes, anodes, cathodes, electrolytes and copper foil that require heavy capital investment and R&D.
With Tesla entry uncertain, India woos other EV makers
November 29, 2024
The Indian government is now also considering EV investments at existing factories that currently build gasoline-engine and hybrid cars, sources told Reuters.
Japan to invest $1.3 billion in chip start-up Rapidus
November 29, 2024
The move comes after the Japanese government has already agreed to provide 920 billion yen in subsidies to semiconductor startup Rapidus as the chipmaker prepares to begin mass production in 2027.
Battery start-up Ion secures $10 million investment
November 15, 2024
Earlier, Ion Storage Systems got a USD 1.5 million grant from Maryland Technology Development Corp, and a USD 20 million award from Department of Energy’s Advanced Research Projects Agency-Energy.
Toyota to get Suzuki’s first-ever electric vehicle
November 01, 2024
The new model is scheduled to be manufactured at Suzuki Motor Gujarat in India from the spring of 2025. This new development marks the first BEV in the OEM relationship between the two companies.
Toyota invests $500 million in US electric air taxi company Joby Aviation
October 04, 2024
Toyota’s investment will be used to support certification and production of Joby’s electric air taxi, bringing Toyota’s total investment in Joby to USD 894 million.
Fire breaks out in CATL factory in China, no casualties reported
September 30, 2024
Emergency services were sent to the plant belonging to Chinese battery maker to fight the fire and organize the evacuation of any people inside the 15,000 square metre facility in Ningde.
Redwood Materials partners with BMW of North America
September 20, 2024
The battery recycling specialist will recover BMW vehicles' end-of-life lithium-ion cells and take them to its facilities in Reno, Nevada, where it will recycle and refine their critical minerals.
GM may buy EV batteries built with Chinese tech
September 16, 2024
But the batteries will be assembled in the US at a proposed plant funded and operated by Japanese consumer electronic firm TDK Corp.
$10 billion chip project in Maharashtra gets government approval
September 06, 2024
The fab project is to be jointly set up by India’s Adani Group and Israel’s Tower Semiconductor. However, it requires the approval of the central government.
Toyota, Nissan join $7 billion push to boost Japan’s battery production
September 06, 2024
Toyota and Nissan are likely to invest 250 billion yen and 150 billion yen, respectively, while Panasonic is investing another 550 billion yen.
Toyota planning to expand EV manufacturing in India
August 02, 2024
Japan's automotive giant Toyota has signed a Memorandum of Understanding (MOU) with the government of Maharashtra to build a new manufacturing setup at Chhatrapati Sambhaji Nagar.
Nvidia introduces automative virtual sensor suite
June 20, 2024
The world's leading chip designer Nvidia has unveiled the Omniverse Cloud Sensor RTX, which will help EV makers to develop simulated sensors in the lab.
Extra: Top 10 component distributors list
June 14, 2024
The world is outdoing itself in every field, with countries, regions, companies and corporations competing against each other. In the races, goals may differ. It is no different among global distributors of electronic components. After all, who wouldn't want to gain the title of the world's largest player? On June 12, during Evertiq Expo Krakow 2024, Evertiq presented the Top List of the largest electronic component distributors. Who are the biggest among them and what do they do? And who triumphed?
Japanese government could guarantee Rapidus's loans
June 03, 2024
Japan's Ministry of Economy, Trade and Industry is preparing to support Rapidus's plan to build an advanced semiconductor manufacturing plant in Hokkaido, northern Japan.
NEV sales increase 16.9% in 1Q24, PHEV surge nearly 50%
May 30, 2024
According to TrendForce Global Automotive Reports, the global sales of NEVs (including BEVs, PHEVs, and FCEVs) surged to 2.842 million units in 1Q24—making a 16.9% YoY increase.
Scale AI's new fund raise values the firm at $14bn
May 28, 2024
Scale AI has emerged as one of the world's hottest startups following the closure of a new funding round that attracted some of the tech sector's foremost VCs.
Rapidus establishes subsidiary in Silicon Valley
April 15, 2024
Japanese chip manufacturer Rapidus is targeting the the lucrative US market by setting up a division in the backyard of some of the country's biggest tech firms.
Rapidus to receive $3.9bn in government subsidies
April 05, 2024
The Japanese government has pledged up to $3.9bn to help domestic chip maker Rapidus to better compete in the advanced semiconductor space.
Japan to spend $300m on public sector chip R&D centre
February 09, 2024
Japan's Ministry of Economy, Trade and Industry (METI) has approved a huge grant to support the country's Leading-edge Semiconductor Technology Center (LSTC).
TSMC is now the world's largest chip maker by revenue
February 07, 2024
TSMC sales hit $69.3bn in 2023 to beat Intel and Samsung for the first time, says influential industry analyst.
TSMC to open its second Japanese plant in 2027
February 06, 2024
Taiwanese chipmaker TSMC will start construction of a new $13bn fab in Kumamoto, Japan, as it continues to off-shore its manufacturing base.
12 auto and chip companies form SoC research consortium
December 28, 2023
Honda, Nissan, Renesas and Socionext are among the firms to have launched the "Advanced SoC Research for Automotive" (ASRA) association.
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