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Tuesday 13 December 2022
Ultium Cells receives financial boost for new battery plants in US
General Motors and LG Energy Solution's battery joint venture got a US$2.5 billion loan from the US government. The loan will support Ultium Cells' three battery projects in Ohio,...
Tuesday 13 December 2022
IC material distributor Topco expects impressive revenue gains in 2022
Topco Scientific, which distributes mainly silicon wafers, photoresist and other chipmaking materials, is on track to post notable revenue growth in 2022 despite the ongoing inventory...
Tuesday 13 December 2022
India witnessing major shift towards solar energy: Exalta
With the rapid economic expansion, India sees an increased energy demand. This is expected to skyrocket further as products like electric vehicles become more common. Traditionally,...
Tuesday 13 December 2022
AUO mulls assembly plant in the US or Mexico
AUO is mulling building a backend assembly plant for automotive backend modules in the US or Mexico, with a decision to be made public next year, according to company chairman Paul...
Tuesday 13 December 2022
Automotive IDMs see delivery lead times shorten to 16-18 weeks
Automotive IDMs have seen their delivery lead times shortened to 16-18 weeks, still yet to reach the usual levels of 8-12 weeks, according to industry sources.
Monday 12 December 2022
Li Auto sees more loss in 3Q, expecting strong 4Q delivery
China-based Li Auto experienced an increase in a net loss in the third quarter of this year, partly because it accelerated a plan of phasing out its first model. As China loosens...
Monday 12 December 2022
Tesla to suspend output at China factory later this month
Tesla Inc. will suspend output in stages at its Shanghai electric car factory from the end of the month until as long as early January, according to people familiar with the matter,...
Monday 12 December 2022
Korea EV supercharging maker opens US Office, expands in Japan
Chaevi, a South Korean maker of supercharging stations for electric cars, is planning on building out an ultra-fast network in the US and partnering with automakers in Japan as consumers...
Monday 12 December 2022
Canadian startup MOC Biotechnologies revolutionizes drug discovery through bioprinting
Canadian startup MOC Biotechnologies has recently made its way into the Canadian finals of the Entrepreneurship World Cup. Founded in 2019, the startup develops a Magical Organ Cloner...
Monday 12 December 2022
How to do digital transformation right? BCGX Greater China leader Jeff Walters shares insights
Although 94% of the 4,000 companies in 30 countries responded in a survey they want to achieve substantial and rapid impact in business model transformation and sustainability, and...
Monday 12 December 2022
AUO showcasing BIPV solutions
TFT-LCD panel maker AUO was showcasing BIPV (building-integrated photovoltaics) solutions at Taipei Building Show 2022 during December 8-11, according to the company.
Monday 12 December 2022
China-based unicorn Nanjing SemiDrive Technology finishes Series B+ financing
Nanjing SemiDrive Technology (SemiDrive), a China-based unicorn specialized in automotive SoC design, completed Series B+ financing round in late November 2022, raising CNY1.0 billion...
Monday 12 December 2022
TPE Energy completes first energy storage system at transformer substation in Taiwan
TPE Energy, an integration service provider for energy storage systems, has completed an energy storage system with installation capacity of 20MWh at a transformer substation belonging...
Monday 12 December 2022
Automotive rear seat entertainment system market expanding: Q&A with JET Opto chairman Jerry Lin
JET Optoelectronics, one of the top-three makers of rear seat entertainment systems worldwide, is building a new production site in Kaohsiung, southern Taiwan, aiming at boosting...
Monday 12 December 2022
Arm Tech Symposium 2022 China highlights software-defined car trend
Arm Tech Symposium 2022 China, held in early December, focused on discussing the software-defined car trend and four topics that highlight vehicle development in the post-Moore's...