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,...
The Indian government is offering subsidies totalling INR760 billion (US$10 billion) for local manufacturing of semiconductors and panels. The initial subsidies might suffice to set...
Hyundai, Ola Electric, and Reliance New Energy Solar have applied for the production-linked incentive (PLI) scheme aimed for advanced battery manufacturing, according to official...
Going into 2022, China is offering 30% less EV subsidies for carmakers, according to government rules, and only subsidizing EVs priced below CNY300,000 (US$47,000). The coming year...
Recent remarks made publicly by Intel's CEO Pat Gelsinger were his attempt to get more US government subsidies for Intel, TSMC's founder Morris Chang has commented.
India's TVS Motor is raising capital spending by 33% to INR8 billion (US$3 billion) to bring its electric motorcycle iQube nationwide and to raise monthly production of electric two-wheelers...
