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Wednesday 19 March 2025
CATL joins forces with NIO to supercharge China's EV battery-swapping network
CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's...
Wednesday 19 March 2025
Sunwoda invests US$1 billion to build Thailand's first EV battery plant
Thailand has approved a more than US$1 billion investment by Sunwoda Electronic to build an electric vehicle (EV) battery plant in the country, marking Sunwoda as the first EV battery...
Tuesday 18 March 2025
BYD unveils EV battery system that charges in five minutes
BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.
Tuesday 18 March 2025
Buima turns to green energy, cost reduction in transition efforts
Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction...
Tuesday 18 March 2025
Samsung SDI to raise US$1.38 billion for Hungarian plant expansion and solid-state battery investment
Samsung SDI, a subsidiary of Samsung Electronics, has announced plans to conduct a paid capital increase of KRW2 trillion (US$1.38 billion) to expand its Hungarian factory and invest...
Monday 17 March 2025
Formosa Smart Energy unveils Taiwan's largest battery cell plant, eyes Southeast Asian expansion
Formosa Smart underscores its ambitions to position Taiwan as a regional battery hub. Chairman Sandy Wang called the facility Taiwan's largest battery cell factory, with plans to...
Monday 17 March 2025
China targets US lithium battery production with strategic countermeasures
Since President Trump took office, China has come to view the US with increasing skepticism, prompting the Chinese government to implement several countermeasures in response to perceived...
Monday 17 March 2025
Europe's EV battery dreams shattered: Northvolt's collapse amid rising Chinese competition
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed...
Monday 17 March 2025
Gogoro vs Kymco: Top electric scooter brands battle with new models and pricing plans
Taiwan's electric scooter market has seen intensified competition in the first quarter of 2025, with leading players Gogoro and KYMCO once again going head-to-head with new product...
Monday 17 March 2025
Liquid-cooled ultrafast chargers to become new star of cutting EV down time, says DIGITIMES
As the global electric vehicle (EV) market grows, key regions such as China, Europe, and the US face challenges due to high EV-per-charger ratios in direct current (DC) charging infrastructure...
Monday 17 March 2025
US targets Chinese lithium battery manufacturers with tariffs and bans as domestic production ramps up
At the beginning of 2025, the US Department of Defense blacklisted China's lithium battery leader, Contemporary Amperex Technology (CATL), followed by US President Donald Trump imposing...
Saturday 15 March 2025
AI boom fuels record sales for Southern Taiwan Science Park in 2024
The Southern Taiwan Science Park (STSP) has reported record-high sales of NT$2.21 trillion (approx. US$67.05 billion) for 2024, rising 39.55% year-over-year, with strong momentum...
Thursday 13 March 2025
Infineon leverages power architecture shift amid AI-driven data center boom
Infineon Technologies is positioning itself at the forefront of a shift in server power architecture, driven by the rapid adoption of high-voltage direct current (HVDC) designs. As...
Tuesday 11 March 2025
CATL powers into chip market: strategic bets on IC design startups
CATL, a global leader in batteries and energy storage, is further expanding into semiconductors. While the company maintains a low-profile approach, each of its investments generates...
Tuesday 11 March 2025
Europe wrestles with EV depreciation and policy shifts
Since 2019, China's new energy vehicle market has rapidly expanded to comprise half of new car sales by 2024, though this has complicated the used car market. Meanwhile, Europe's...