Kalyani partners with Compal to make servers in India
March 10, 2025
South Korea’s Compal Electronics will provide the Indian company with technological support related to servers, including overseeing local production, assembly, testing activities and final sales.
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Trump slams CHIPS act in congress – credits tariffs for investments
March 05, 2025
In an address to Congress on Tuesday, US President Donald Trump called the CHIPS Act a “horrible, horrible thing” and credited his administration's economic policies for a surge in domestic investment.
Vidyut’s BAAS ambitions get $2.5 million boost
February 28, 2025
The funding will enhance the Bengaluru-based start-up’s battery-as-a-service (BAAS) offerings in both passenger and commercial EV segments.
Humanoid robots to become the next US-China battleground
February 25, 2025
Governments worldwide are ramping up investments in robotics R&D as labour shortages and rising costs persist. TrendForce reports that China, Japan, the US, South Korea, and Germany have consistently ranked among the top five countries for industrial robot installations and are expected to continue executing over USD 13 billion in related projects by 2025.
SUMCO to end wafer production at Miyazaki plant amid market shifts
February 20, 2025
Japanese silicon wafer manufacturer SUMCO says it will stop 200mm wafer production at the Miyazaki plant by 2026
Sarawak launches 60 MW BESS in Malaysia
February 17, 2025
Sarawak Energy said that 60MW Bess provides essential grid services, including primary spinning reserve (emergency reserve), voltage and frequency regulation, and peak demand management.
Stargate on the Seine: Macron unveils $113B AI investment
February 10, 2025
The French president said the initiative was similar to Trump’s Stargate announcement. For France, financial commitments have come from the UAE, investment funds, and companies like Iliad and Thales.
Trump administration halts $5 billion EV charging program
February 10, 2025
The Federal Highway Administration said the National Electric Vehicle Infrastructure (NEVI) program will be updated to “align with current U.S. Department of Transportation policy and priorities.”
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.
Mullen buys Nikola’s battery business for Fullerton facility
February 05, 2025
The Fullerton facility is dedicated to producing next-generation, American-made battery packs, modules and advanced solid-state polymers, Mullen said in a media release.
The EU in Trump's crosshairs as tariff war expands
February 03, 2025
President Donald Trump is escalating his trade war, imposing new tariffs on key US trading partners, with the European Union now in his sights.
EV battery swapping market set to reach $2.8 bn by 2029
January 31, 2025
Technological advancements, consumer preferences and infrastructure improvements are set to push the battery swapping market over the coming years
Samsung, LG may shift home appliance production to US
January 23, 2025
South Korean electronics giants Samsung Electronics and LG Electronics are reportedly evaluating plans to relocate some of their home appliance production from Mexico to the United States.
VinFast to shake up Indian market with premium electric SUV
January 20, 2025
Vietnamese electric vehicle maker Vinfast has announced it will enter the Indian market with two premium electric SUVs
What has happened since China cut the export tax rebate?
January 17, 2025
In December last year, China implemented a significant change to its export rebate system, a significant shift in global trade dynamics.
US tightens export controls on advanced AI technologies
January 15, 2025
The US Department of Commerce's Bureau of Industry and Security (BIS) has issued an interim final rule, effective January 13, 2025, enhancing export controls on advanced computing ICs and certain artificial intelligence (AI) model weights.
Indichip Semiconductors to build $1.4 billion SiC facility
January 13, 2025
India's Indichip Semiconductors has signed an agreement with the government of Andhra Pradesh to construct a new manufacturing facility at the mega industrial hub in Kurnool.
Honda and Renesas sign agreement to develop high-performance SoC
January 09, 2025
Honda Motor and Renesas have signed an agreement to develop a high-performance system-on-chip (SoC) for software-defined vehicles (SDVs).
Silectric Semiconductor to invest $400 million in Karnataka
December 27, 2024
The electronics manufacturing cluster at Kochanahalli (Mysuru), said to be Karnataka’s first such project, is expected to create 460 jobs in the southern Indian state.
Foxconn invests $82M in EV battery plant in Zhengzhou
December 26, 2024
The move is another attempt by Foxconn to diversify beyond its iPhone business with forays into sectors such as EVs, semiconductors and robotics, the South China Morning Post report indicates.
Lico Materials opens battery recycling plant in Bengaluru
December 26, 2024
The zero-liquid-discharge facility can recycle and repurpose 17,500 metric tonnes of battery.
Global semiconductor market to grow by 15% in 2025
December 12, 2024
Market intelligence firm IDC says that AI and High-Performance Computing (HPC) will drive growth in advanced chips, 2nm technology, and packaging, reshaping the semiconductor industry in 2025.
Thailand OKs $306M chip plant Investment by Foxconn subsidiary
December 11, 2024
Thailand's Board of Investment (BOI) has approved a THB 10.5 billion ( USD 306 million) investment by a Foxconn subsidiary to build a factory for exporting high-precision machinery and equipment for the semiconductor industry.
Coherent, SkyWater and X-Fab receive CHIPS Act boost
December 11, 2024
The Biden-Harris Administration has announced USD 99 million in proposed CHIPS Act funding for Coherent, SkyWater Technology, and X-Fab to strengthen U.S. semiconductor manufacturing and supply chain resilience, creating over 290 jobs across Texas and Minnesota.
Stellantis and CATL to build €4.1B battery plant in Spain
December 10, 2024
Stellantis and CATL say that the companies will invest up to EUR 4.1 billion to form a joint venture to build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain.
EU Commission earmarks €4.6B to boost net-zero technologies
December 10, 2024
The EU Commission is ramping up support for net-zero technologies to strengthen European industry and meet climate goals. It has launched two new funding calls worth EUR 3.4 billion to speed up innovative decarbonisation efforts, including electric vehicle batteries.
GM to sell its stake in Michigan battery factory to LGES
December 06, 2024
General Motors expects to recoup its $1 billion investment in the Lansing factory. GM said LG Energy Solution will have immediate access to the facility to start installation of equipment.
SEMI: EU needs to advance toward a "Chips Act 2.0"
December 03, 2024
Industry association SEMI has published recommendations for the European Union to bolster its semiconductor ecosystem.
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.
UP approves $1 billion in incentives for 2 semiconductor units
December 02, 2024
The projects proposed by Tarq Semiconductors and Vama Sundari Investments are expected to attract a combined investment of USD 3.8 billion, but both await approval by the central government.
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.
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