Murata set to expand with new production building in Vietnam
June 10, 2022
Murata Manufacturing Vietnam Co., Ltd. (Da Nang, Vietnam), a manufacturing subsidiary of Murata Manufacturing Co., Ltd., will start construction on a new production building in June 2022.
ASML to invest $200 million to expand Connecticut facility
June 03, 2022
The Dutch semiconductor equipment manufacturer is planning to invest USD 200 million to expand the company's facility in Wilton, Connecticut.
ElringKlinger to supply battery systems for fast-charging stations
May 31, 2022
ElringKlinger will supply battery systems for protoypes of a grid-autonomous fast-charging stations developed by Schäfer Elektronik GmbH.
Volvo Cars raises EUR 500 million for electrification
May 25, 2022
Volvo Cars has placed its second green bond to raise EUR 500 million from a set of global investors. The bond was oversubscribed three-times.
Volvo Trucks opens battery plant in Belgium
May 17, 2022
Volvo Trucks' is planning to open a new – first – battery assembly plant in Belgium. Once up and running the plant will supply tailor-made batteries for the company's heavy-duty electric trucks.
NEV market grew in 1Q22 – global sales exceeded 2M units
May 16, 2022
According to TrendForce data, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) in 1Q22 was 2.004 million units, an annual growth rate of 80%.
Volvo Cars invests in battery technology company StoreDot
April 19, 2022
Volvo Cars has – via its venture capital arm – made an investment in StoreDot, an Israeli company developing extreme-fast charging battery technology for electric cars.
Foxconn acquires arQana’s wireless telecommunications business
April 15, 2022
Hon Hai Technology Group (Foxconn) announces the completion of the acquisition of arQana Technologies' Wireless Telecommunications business, and its merger with AchernarTek.
Stellantis turns to Qualcomm to smarten up its cars
April 15, 2022
Stellantis will leverage Qualcomm's latest Snapdragon Digital Chassis advancements to deliver intelligent in-vehicle experiences across its 14 automotive brands beginning in 2024.
VinFast to build an EV factory in North Carolina
April 01, 2022
The Vietnamese electric vehicle manufacturer has signed an MOU with the government of North Carolina to set up its first North American manufacturing plant. The company intends to invest up to USD 2 billion in the project's phase 1, creating thousands of jobs.
Supply constraints forces Volvo Cars to reduce production
March 23, 2022
The Swedish carmaker says that it is experiencing a temporary worsened production situation –which expected to last throughout the second quarter – due to lack of a specific type of semiconductor.
From a distributors point of view – Sourceability
March 18, 2022
There are lessons to be learned from the current semiconductor situation. There are opportunities to analyse the work that has been done, the process and strategy to push forward with new solutions. Because there are signs that long-term changes to how electronic components are sourced are coming.
Rohm to increase capacity in Malaysia
March 14, 2022
Japanese semiconductor manufacturer Rohm is expanding its electronic components facility in Kelantan, Malaysia with a total investment of MYR 910 million (EUR 197 million).
Soitec to expand its manufacturing footprint in France
March 11, 2022
Soitec is looking to expand its manufacturing footprint in Bernin, France to be ready to produce high volume SiC semiconductor wafers for electric vehicles and industrial markets and increase its SOI capabilities.
Volvo Cars invests SEK 10 billion to make EV switch a reality
February 09, 2022
To realise its electric car ambitions, Volvo Cars says it will invest SEK 10 billion (EUR 960 million) in its Torslanda manufacturing plant in Sweden in coming years.
EU proposes Chips Act to confront chip shortages
February 08, 2022
The EU Commission has presented its European Chips Act - aiming to strengthen manufacturing activities in the EU and support the scale-up and innovation of the whole value chain and addressing the security of supply.
Volvo and Northvolt to create new battery plant in Gothenburg
February 04, 2022
Volvo Cars and Northvolt have selected Gothenburg as the location fo a new 50 GWh battery manufacturing plant which will commence operations in 2025.
indie Semiconductor set up sales centre of excellence in Japan
January 19, 2022
indie Semiconductor announces that the company extending its market reach and building up a strategic presence in Japan – targeting the automotive market.
Vingroup breaks ground on new battery factory
January 18, 2022
Before ending 2021, Vingroup officially broke ground and started construction on the VinES Battery Manufacturing Factory in the Vung Ang Economic Zone (Ha Tinh) in Vietnam.