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QuantumScape expands to Asia-Pacific region with new R&D enter in Japan

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QuantumScape Corporation, a leading developer of next-generation solid-state lithium-metal batteries for use in electric vehicles ( earlier post ), is expanding into the Asia-Pacific region with an office in Kyoto, Japan. The new property will feature a laboratory for battery research and development.

Asia 199
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BYD and UzAuto to form NEV production JV in Uzbekistan

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BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.

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Daimler to split into two pure-play companies: cars & vans, trucks & buses

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Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497
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Cabot Corporation launches ENTERA aerogel particles for use in thermal barriers for Li-ion batteries

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Global specialty chemicals and performance materials company Cabot Corporation launched its new ENTERA aerogel particles portfoli o. —Jeff Zhu, executive vice president and president, Performance Chemicals segment and Asia Pacific region Cabot has a full range of products that serves the EV battery market.

Li-ion 186
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Consortium invests $80M in silicon anode company Nexeon; strategic partnership with SKC

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Through this transaction, Nexeon enters into a strategic partnership with SKC, a major global battery and semiconductor materials company, for volume manufacturing of its silicon anode materials. SJL is a private equity firm that seeks cross-border investments in partnership with Asia-based strategic investors. Ltd (Kiwoom).

Companies 186
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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

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are enhancing their ongoing strategic partnership in mobility services to focus on accelerating EV adoption in Southeast Asia. Both parties will also develop a joint EV roadmap to accelerate adoption in Southeast Asia. Hyundai Motor Group has expanded its presence in Southeast Asia to foster new mobility innovation.

Asia 199
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Toyota begins collaboration with Grab on ride-hailing service in Southeast Asia; MSPF

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Toyota Motor Corporation (TMC), Toyota Financial Services Corporation (TFS), Aioi Nissay Dowa Insurance (Aioi) and Grab, Inc. Grab), the largest ride-hailing service company in Southeast Asia, are collaborating to provide ride-hailing services throughout Southeast Asia. Earlier post.).

Asia 150