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

Baua Electric

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “If you want to get to 20%, you just have to calculate how much you need to build here.”

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‘Chinese language hurricane’ looming over Europe’s EV sector, Renault chairman warns

Baua Electric

A “Chinese storm” is looming over Europe’s rising electrical automobile sector, Renault Chairman Jean-Dominique Senard stated, as Asia’s superpower dominates key uncooked fabrics to manufacture batteries for 0 emission automobiles. “The battle of the time will likely be a battle of metals.”

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China’s military and government acquire Nvidia chips despite US ban – ET Auto

Baua Electric

Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased small batches of Nvidia semiconductors banned by the U.S. Chinese vendors have previously said they snatch up excess stock that finds its way to the market after Nvidia ships large quantities to big U.S.

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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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Foxconn about to start Electric Vehicles.

Electric Vehicles India

Taiwan tech company Foxconn about to start Electric Vehicles. The company also clarified the plan to build for automotive customers rather than selling to customers under its brand.” In August it brought a chip plant in Taiwan in a move to supply future demand for auto chips.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

New-build solar project costs are expected to fall by another 20% by 2030 due to lower module prices and an oversupply from China. With a forecasted 30% cost reduction by 2030 as cheaper Chinese turbines gain market share, Australia and Southeast Asia stand to benefit from low-cost wind power equipment imports. Get started here. –

Asia 52
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The 25 Best Restaurants in Chicago Right Now

Baua Electric

Even the butter service — presented in a stacked ribbon reminiscent of a Frank Gehry building — puts on a show. His mother is Chinese, his father Creole. A high-end chain based in Hong Kong, the Peninsula imported to Chicago a style of Chinese luxury dining rarely seen outside Asia.

Chicago 52