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Foxconn to build EV ecosystem and battery production chain in Kaohsiung, Taiwan

Green Car Congress

Foxconn plans to build an EV ecosystem and a complete battery production chain in the southern city as part of its ambition to expand into the EV industry, ranging from the development of EVs to the production of battery packs and cells, and energy storage systems. million (US$50,000) per vehicle.

Taiwan 259
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Molicel to supply battery cells to Archer for production Midnight eVTOL

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Molicel ), a supplier of lithium-ion battery cells, entered into a memorandum of understanding for Molicel to manufacture and supply the battery cells for Archer’s production electric vertical takeoff and landing (eVTOL) aircraft, Midnight. Molicel belongs to the energy business of Taiwan Cement Corporation (TCC).

Taiwan 334
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SEMI forecasts global chip industry to invest >$500B in new factories by 2024; automotive and HPC

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The projected growth in global factory count includes a record high 33 new semiconductor manufacturing facilities starting construction this year and 28 more in 2023. The report underscores the significant impact of government incentives in expanding production capacity and strengthening supply chains.

Industry 243
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FREYR Battery in license & services agreement with Aleees for LFP cathode active material

Green Car Congress

FREYR Battery has entered into an agreement with Aleees , the Taiwan-based lithium-iron phosphate (LFP) cathode battery material manufacturer. FREYR anticipates that the agreement will enable FREYR to meet the future LFP cathode material needs of the Giga Arctic battery production facility in Mo i Rana, Norway.

Taiwan 186
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TSMC to Build Chip Fab in Japan

Cars That Think

After a week of media rumor, leaks and speculation, Taiwan Semiconductor Manufacturing Co. TSMC), the world's largest contract chip manufacturer, announced in an online earnings briefing Thursday that it would build a semiconductor plant in Japan. During the earnings briefing C.C. China trade war erupted.

Japan 104
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CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. billion to build a 100 GWh battery plant in Hungary. ” The Hungary plant will utilize electricity from renewable energies, as it aligns with CATL’s goals to build a “sustainable and circular battery value chain.”

Hungary 98
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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.