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Emerging tech, businesses news coverage
IN THE NEWS
Thursday 16 February 2023
Cummins, Calstart funded by DOE to build EV charging infrastructures across US
The US Department of Energy (DOE) announced US$7.4 million funding on Feb 15 for seven projects that will accelerate electrification of medium-duty and heavy-duty freight transportation...
Thursday 16 February 2023
US to require 55% federal-funded EV charger components locally made by July 2024
The US Department of Transportation released the EV charging standards on February 15 to ensure a predictable charging experience. Following the regulation, all charging stations...
Thursday 16 February 2023
HikVision to raise capital for auto electronics business
As assisted driving continues to gain ground in China, HikVision-owned WHST is looking to raise more capital to capitalize on the emerging opportunity.
Thursday 16 February 2023
Volvo to go fully electric in India by 2025
Volvo Cars said it would launch a new EV model in India later in the year, eyeing to go fully electric by 2025 in the country, which Volvo sees as one of the fastest-growing markets...
Thursday 16 February 2023
First smart charging service and operational solution provider in Taiwan established
Power charging pile maker eTreego has cooperated with Shihlin Electric & Engineering and Hotai Motor to establish Gochabar, the first provider of smart power charging services...
Wednesday 15 February 2023
Electric vehicle sales top $1 trillion in wake-up call for carmakers
Global spending on electric vehicles is surging. According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388...
Wednesday 15 February 2023
J&V Energy Technology to debut on Taiwan Innovation Board, TWSE
Renewable energy developer J&V Energy Technology will be listed on Taiwan Innovation Board under the Taiwan Stock Exchange (TWSE) on March 14, 2023, according to company president...
Wednesday 15 February 2023
By 2026, 40% of IT service providers' revenues to come from resilence needs from large enterprises, says IDC
IDC predicts that by 2026, the need to increase resiliency will drive large enterprises to create new digital business models and digital products/services, which will account for...
Wednesday 15 February 2023
Sumco sees 12-inch silicon wafers sustain strong demand for auto chips
Japan's silicon wafer maker Sumco expects a slight sequential fall in overall shipments of its 12-inch products in the first quarter of 2023, driven by weaker demand for memory and...
Wednesday 15 February 2023
Dongfeng Honda to electrify 50% of its models by 2025
Dongfeng Honda Automobile recently announced its business plan for the new year. The automaker plans to launch several hybrid and plug-in hybrid EVs in 2023, accelerating the transition...
Wednesday 15 February 2023
From wafers to hard drives, Seagate saves over 145 million in FY21 and FY22 with smart manufacturing
Jeffrey Nygaard, Seagate's executive vice president of operations and technology, pointed out that through smart manufacturing, Seagate saved over US$145 million in the past two fiscal...
Wednesday 15 February 2023
Ford to build EV battery plant in US with CATL technology
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
Wednesday 15 February 2023
US car vendors step up EV battery deployment
The US Inflation Reduction Act (IRA) is spurring the three major US automakers -- General Motors (GM), Ford and Stellantis -- to accelerate their developments for lithium batteries...
Wednesday 15 February 2023
Shihlin Electric looks to green energy solutions for 2023 growth
Shihlin Electric, a manufacturer of electric components and equipment, expects sales for 2023 to be driven by green energy solutions.
Tuesday 14 February 2023
VW and BMW battery supplier could reap billions from Biden's EV bill
Northvolt AB joined European companies putting policy makers on notice about the allure of US green tech incentives, calling tax credits tucked in President Joe Biden's Inflation...