French President Emmanuel Macron announced last week that the country will revise its EV subsidy program, aiming to facilitate battery and vehicle production in Europe. According...
The Shanghai Municipal Government has just announced a set of policy measures to strengthen the development of modernized industrial systems, offering subsidies to encourage more...
The details of the US CHIPS and Science Act (also known as the CHIPS Act) subsidies, which aims to rebuild the country's local semiconductor supply chain, have been released, but...
Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below...
The global chip shortage has resulted in countries elevating semiconductor manufacturing to a "national security issue." Not only are the Chinese and Korean governments continuing...
Indonesia took a step forward to boost its EV market on March 6. The government announced a subsidy program for electric scooters, vehicles and buses. Officials said the country is...
New Chinese automakers have experienced a delivery reduction for January 2023 due to China's new energy vehicle (NEV) subsidies ending and a consumer slack season. In addition, Tesla's...
The Chinese government recently announced that it's extending the tax subsidies for new energy vehicles (NEVs). Coupled with the falling prices of lithium ores, the main raw material...
China will terminate the subsidy program for new energy vehicles(NEV), including EVs, on the first day of 2023. Car companies are taking the final opportunity to boost sales. Industry...
Amid a fierce tussle between India's state governments to woo chip plants, Gujarat announced India's first incentive scheme for semiconductor and display investments.
As part of its efforts to pursue net-zero carbon emissions, China has activated a new round of subsidy program to stimulate purchases of new energy vehicles (NEVs) in rural areas,...
As battery demand for energy storage and electric vehicles (EV) rises in the US, lithium battery makers with foreign investment in the country could face similar challenges that TSMC...
India announced an incentive scheme to attract inward investments from global PC manufacturers in 2021. However, it is rumored that few companies meet the subsidy requirement and...
China recently announced it will cut new energy vehicle (NEV) subsidies. Subsidies will be reduced by 30% in 2022 compared to 2021 and will be completely cut at the end of the year,...
