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Monday 20 May 2024
Mahindra to invest US$1.4 billion in EV business
Mahindra announced a substantial investment in its EV business over the next three years as the company tries to catch up with EV leaders, particularly Tata, in the rapidly growing...
Friday 17 May 2024
Huawei-funded research at US institutions is subject of House probe
Two senior US lawmakers blasted a Washington-based foundation for secretly accepting money from Chinese telecommunications giant Huawei Technologies Co., saying the move "flies in...
Friday 17 May 2024
Honda will invest US$65 billion to accelerate EV ambition
Honda Motor is trying to catch up with its competitors in the global EV market. The Japanese automaker aims to inject JPY10 trillion (US$65 billion) into its EV efforts and launch...
Thursday 16 May 2024
Microsoft's China AI teams face relocation amid US tightened restrictions
Microsoft's headquarters has reportedly instructed the head of its China division to require its Chinese AI developers to either relocate to countries such as the United States and...
Thursday 16 May 2024
South Korean companies to walk tightrope between US tariffs, China's upcoming retaliation
The US announced 25% to 100% tariff hikes on China-made EVs, batteries, semiconductors and other goods. Although the move does not impact South Korean industries for now, companies...
Thursday 16 May 2024
Could massive US tariffs on Chinese EVs harm the US automobile industry instead?
According to a report from Bloomberg, after nearly two years of evaluation, the Biden administration is preparing to target Chinese EVs.
Wednesday 15 May 2024
China vows 'resolute measures' after Biden's new tariffs
China blasted the Biden administration's move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specifics.
Wednesday 15 May 2024
How will US tariff hike affect China's clean energy industry?
US President Joe Biden announced sweeping tariffs on multiple Chinese goods on May 14. Industry experts said China's lithium-ion battery exports will likely take a significant hit...
Wednesday 15 May 2024
AI spending in India expected to see strong growth by 2027
Intel and IDC forecast AI spending in India to reach US$5.1 billion by 2027, with a CAGR of 31.5% from 2023 to 2027.
Wednesday 15 May 2024
US-China trade relationship exacerbates as Biden raises tariffs on Chinese EVs, solar cells, semiconductors
The US government announced the long-waited tariff revision on an array of China-made products on May 14.
Tuesday 14 May 2024
Robocar supplier sues US, disputes alleged Chinese military ties
Hesai Technology Co., a developer of sensor technologies used in self-driving cars, is suing the US Department of Defense for including it on a list of companies accused of aiding...
Tuesday 14 May 2024
China said to counter US new tariffs with lithium battery patent strain
The US Biden administration reportedly will impose higher tariffs on Chinese solar panels, lithium batteries, and EVs. In retaliation for the move, China is said to pressure global...
Tuesday 14 May 2024
Polar Semiconductor to expand 8-inch fab capacity in US with govt incentives
Polar Semiconductor, the only US-based manufacturer specializing in sensor, power, and high-voltage semiconductors, disclosed plans to expand its Bloomington, Minnesota manufacturing...
Tuesday 14 May 2024
Apple plans to make 25% of iPhones in India by 2028
An Indian top official revealed that Apple plans to increase India's iPhone production share from over 10% to 25% by 2028, indicating that Apple will explore more local suppliers...
Tuesday 14 May 2024
US tariff hike on Chinese EVs expected to see two immediate effect
The US government reportedly plans to raise tariffs on China-made clean energy products, especially EVs. Supply chain sources said the move will likely achieve instant success: protecting...