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Tesla supply chain: Biden team plans $52B funding to address chip shortage among US carmakers

Teslarati

The Biden administration is already assembling a team to invest around $52 billion worth of funding for semiconductor research and manufacturing, awaiting congressional approval. The Tesla Model S Plaid’s initial production was delayed due to chip supply shortages. Taiwan Semiconductor Manufacturing Co.

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Saudi Arabia partners with Foxconn on new EV brand

Teslarati

Saudi Arabia’s Public Investment Fund and Taiwan-based technology manufacturer Foxconn entered into a joint venture to develop and manufacture electric vehicles. Ceer will significantly contribute to Saudi’s automotive manufacturing sector. Ceer will also use component technology from BMW in its vehicles.

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Solid state: EV giants chase ‘holy grail’ of batteries – ET Auto

Baua Electric

The company says it aims to build a gigafactory for its new batteries by 2029 and has signed a joint development agreement with BMW. ProLogium Technology of Taiwan said that by the end of 2023 it aimed to ship prototype samples of its semi-solid-state batteries that enable a near doubling of the energy densities of the packs.

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The Chip Shortage, Giant Chips, and the Future of Moore’s Law

Cars That Think

With COVID-19 shaking the global supply chain like an angry toddler with a box of jelly beans, the average person had to take a crash course in the semiconductor industry. The latest numbers from chip manufacturing equipment industry association SEMI, show sales of equipment set to cross US $100-billion in 2021. Want a new car?

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