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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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TSMC bullish on AI demand, forecasts 20% revenue growth this year – ET Auto

Baua Electric

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple Inc and Nvidia supplier, said at an earnings conference that AI represented a major opportunity. Wei said at the conference, after the company reported a fourth quarter net profit that beat market expectations.

Auto 52
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RecycLiCo secures investment for battery recycling joint venture – Charged EVs

Baua Electric

RecycLiCo Battery Materials, a battery recycling company, has received investment approval from the Taiwan Department of Investment Review for its 50/50 joint venture with Zenith Chemical. This modular plant is intended to be transported to Taiwan for the final commissioning.

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Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets. Most of Tesla’s employees in India were tasked to focus on the company’s efforts in Dubai and other Middle-East markets. Most of Tesla’s employees in India were tasked to focus on the company’s efforts in Dubai and other Middle-East markets.

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

In addition, another close to 100 exhibitors will be participating in two exclusive Auto Components Pavilions showcasing products and solutions for OEMs, the release said. The combined export potential to these ten markets is expected to grow to over USD 35 billion by 2028. times to an estimated USD 14 billion by 2028.

Auto 52
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Solid state: EV giants chase ‘holy grail’ of batteries – ET Auto

Baua Electric

EV market leader Tesla, an industry outlier, has not detailed any solid-state development plans. The company says it aims to build a gigafactory for its new batteries by 2029 and has signed a joint development agreement with BMW. Yet despite decades of research and billions of dollars invested, their future still looks elusive.

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

Baua Electric

These include its A100 and the more powerful H100 chip – whose exports to China and Hong Kong were banned in September 2022 – as well as the slower A800 and H800 chips Nvidia then developed for the Chinese market but which were also banned last October. curbs, however, an underground market for such chips in China has sprung up.

Auto 52