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Tesla analyst states Giga Shanghai production cut is “NOT” about Chinese competition

Teslarati

Tesla China is expected to cut Giga Shanghai production in December after delivering over 100k units last month. Reports state that the production cut is due to increased competition in China’s EV market. Potter theorized that Tesla might cut Giga Shanghai production due to macro headwinds and Giga Berlin in Germany.

Chinese 99
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ITOCHU and JGC Launch Large-scale Bio-ethanol Production and Power Plant Businesses in the Philippines

Green Car Congress

ITOCHU Corporation and JGC Corporation have agreed to participate in large-scale bio-ethanol production and power supply businesses in the Philippines together with other local partners. The project will create the country’s largest ethanol production facility. The newly formed joint venture, Green FUture Innovations, Inc.

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IHS Markit: supply chain challenges to impact global light vehicle production well into 2022

Green Car Congress

During the first half of 2021, wafer fab capacity constraints were causing the greatest disruption and getting the most attention as the “semiconductor shortage” affecting automotive production. Assembly and test locations are concentrated in China, South Korea, Japan, Singapore, Philippines, Indonesia, Thailand, Vietnam and Malaysia.

Light 186
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Biden invokes Defense Production Act to push domestic material sourcing for sustainable energy

Teslarati

President Joe Biden has invoked the Defense Production Act to push for the production of materials domestically. In an official memorandum from the White House , Biden wrote that he would officially launch the Defense Production Act of 1950. Biden could use Defense Production Act for EV battery material production boost.

Energy 99
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Thailand’s EV industry growing rapidly

Green Car Congress

The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Sumitomo Metal Mining to boost production of NCA for Li-ion batteries by 38%; targeting Tesla Model 3

Green Car Congress

As part of its new 3-year business plan , Sumitomo Metal Mining (SMM) will boost production of NCA ((lithium nickel cobalt aluminum oxide) materials for Li-ion cathodes, expanding from 1,850 tons/month to 2,550 tons/month (+38%). SMM is targeting supplying Tesla with the battery materials for the Model 3 being released next year.

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Toyota to increase production capacity in Indonesia

Green Car Congress

Toyota Motor Manufacturing Indonesia (TMMIN), Toyota Motor Corporation’s (TMC) vehicle production subsidiary in Indonesia, plans to increase the annual production capacity of TMMIN’s Karawang Plant from 100,000 vehicles to 140,000 vehicles by early 2013. The production increase includes a new-capital investment of approximately.

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