Remove Chinese Remove Global Remove Manufacturer Remove Taiwan
article thumbnail

Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

Chinese 259
article thumbnail

Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

Better known as Foxconn, manufacturer of the iPhone on behalf of Apple, Hon Hai showed off its Foxtron Model V dual-cab ute at its annual tech day this week. Taiwan’s Yulon Motors Co will start volume production of the Model C next year under the Luxgen n7 name. The Foxconn Foxtron Model C crossover is to become the Luxgen n7.

Global 52
article thumbnail

Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. “It’s totally unrealistic,” he said of the target set by the EU Commission amid shortages of chips for cars during the COVID-19 pandemic. .

Europe 52
article thumbnail

Foxconn tied up with Thailand’s PTT for making electric vehicles

Electric Vehicles India

Taiwan’s Foxconn has announced a partnership with Thailand’s government, a state-run energy group PTT PCL to manufacture electric cars in Thailand. Foxconn had tied up with Chinese electric-car maker Byton and automakers Zhejiang Geely Holding Group and Italian company Stellantis. Watch the related video here.

article thumbnail

CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

Chinese battery manufacturer Contemporary Amperex Technology Co., Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. ” The size of CATL’s new Hungarian production facility will add 100 GWh to the company’s already world-class manufacturing capacity. .”

Hungary 98
article thumbnail

Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

I believe that the loss of industry players Solyndra, Evergreen, and SpectraWatt opens the market for more innovative solar companies to succeed with smarter tactics and mainstream products that fit into existing manufacturing models. kWh average cost of electricity in the United States and globally.

Solar 246
article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

2020 259