According to China's 21jingji.com, Guangzhou Auto Group (GAC) announced on October 12th that its board of directors has approved an investment of up to $1.49 billion in Didi's autonomous driving company. This investment is made through GAC Capital and Guangzhou Development District Investment Group ...

TSMC is in the process of constructing a semiconductor factory in Kikuyo-cho, Kumamoto Prefecture, Kyushu, Japan (referred to as Plant 1). Production is expected to commence in December 2024. Besides this facility, TSMC has shown interest in establishing a second plant in Japan (referred to as Plant...

On September 20, 2023, France unveiled new incentives for purchasing electric vehicles, offering cash subsidies ranging from €5,000 to €7,000 for qualifying models. The subsidy criteria now take into account the carbon footprint during both the electric vehicle and battery manufacturing processe...

According to data from Tianyancha, a website for querying various information about Chinese companies, Xiaomi Auto, has recently unveiled its "Electric Vehicle Charging and Charging Method" patent. The patent abstract reveals a charging vehicle and method, featuring a battery compartment for hous...

A global supplier in materials, networking, and lasers, Coherent announced that DENSO  Corporation and Mitsubishi Electric Corporation have agreed to invest an aggregate $1 billion in its silicon carbide business (the “Business”). The transaction results from the strategic review process announ...