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Friday 14 October 2022
GM takes on Tesla with its own solar power and energy storage system
General Motors plans to compete with Tesla's solar and Powerwall business by offering its own sun-generated power and storage system starting late next year.
Friday 14 October 2022
VW to establish JV with China-based Horizon Robotics for autonomous driving push
Europe's largest automaker aims to reclaim edges in China by boosting its advanced driver assistance systems (ADAS) and autonomous driving (AD) technologies.
Friday 14 October 2022
Motech Industries not considers investment in production in US, says president
Though US Inflation Reduction Act (IRA) affords opportunities for Taiwan-based PV makers to set up factories in the US, solar cell and PV module maker Motech Industries does not consider...
Friday 14 October 2022
There's a billion-dollar bidding war for EV plants across the US
Michigan governor Gretchen Whitmer wasn't happy. Ford Motor, a company whose very name is synonymous with Detroit, had just announced it had chosen two southern states, Tennessee...
Friday 14 October 2022
Eclimo thrives in Malaysia's dry and infertile EV climate
Fourteen years ago, Dato' Dennis Chuah, a veteran of lithium battery production, saw the potential of lithium batteries and founded Eclimo Sdn. Bhd. (Eclimo) – the first homegrown...
Friday 14 October 2022
Can Chinese home-grown EV makers dominate overseas markets?
China, as the largest car market worldwide, has fostered many home-grown electric vehicle (EV) brands over the years . These carmakers are bringing their gusiness models overseas...
Friday 14 October 2022
Foxconn delivers first batch of 15 Model T electric buses
Foxconn Technology has newly delivered its first batch of 15 Model T electric buses to Tainan Bus in southern Taiwan, marking the beginning of mass production of the vehicle developed...
Thursday 13 October 2022
Hyundai investing US$13 billion by 2030 to strengthen software defined-vehicle capabilities
Hyundai Group has announced deployment of OTA updates on all its new vehicles to be launched starting 2023, both electric vehicles (EV) and ICE vehicles, to fully integrate digitalization...
Thursday 13 October 2022
LiDAR supplier Ibeo files for insolvency
Ibeo Automotive System, a LiDAR supplier, filed for insolvency at the end of September due to lack of growth financing, the company said.
Thursday 13 October 2022
Keen battery capacity expansions in China spark worry about possible supply glut
China's top-3 power battery makers Contemporary Amperex Technology (CATL), Ganfeng Lithium Group and EVE Energy have been aggressively proceeding with capacity expansions, with their...
Thursday 13 October 2022
Nissan to fully exit Russia market, expects JPY100 billion loss
Nissan Motor joined Toyota Motor in deciding to completely pull out of Russia, an exit that will cost Japan's second-largest automaker roughly JPY100 billion (US$687 million).
Thursday 13 October 2022
IRA conducive to Taiwan PV makers' investment in US, says SAS chairwoman
The US Inflation Reduction Act (IRA) effective in mid-August 2022 encourages investment in manufacturing of PV products in the US by tax incentives and/or subsidies, and this affords...
Thursday 13 October 2022
Honda, LGES to invest US$4.4 billion to make EV batteries in Ohio
Honda Motor and Korea's LG Energy Solution (LGES) plan to spend US$4.4 billion to build electric vehicle (EV) batteries at a new joint venture in Ohio, part of project by the automaker...
Thursday 13 October 2022
BYD launches passenger EV in India, targeting 40% market share
BYD, amid its global expansion, has launched a new EV model in India despite a souring India-China relationship that may have a negative impact on BYD's India plans.
Thursday 13 October 2022
With one US restriction after another, China's autopilot development takes a blow
The US has further sanctioned China's AI and supercomputing sectors, which may indirectly clamp down on the acceleration of China's self-driving car development.