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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 size of CATL’s new Hungarian production facility will add 100 GWh to the company’s already world-class manufacturing capacity.

Hungary 98
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TSMC considering advanced chip packaging capacity in Japan, sources say – ET Auto

Baua Electric

Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry. Currently, all of TSMC’s CoWoS capacity is in Taiwan. TSMC Chief Executive C.C.

Japan 52
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Toyota plots new EV battery plant to fend off incoming BYD, low-cost Chinese EVs

Baua Electric

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. The factory will strengthen Toyota’s EV supply chain while supplying batteries for its luxury Lexus brand. Taiwan Semiconductor Manufacturing Co.

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Focus on autonomous vehicles, EU expansion drive KPIT’s growth – ET Auto

Baua Electric

Amid the multiple disruptions facing the world, from supply ch ai ns to the advent of AI, KPIT Technologies has maintained its growth momentum benefiting from the strong bets it took in areas like electrification and autonomous vehicles and expansion in geographies like Europe at the right time, its MD and CEO Kishor Patil said.

Auto 52
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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.” ” we are no longer the new kid in town,” said Young Liu, chairman of Foxconn’s flagship unit Hon Hai Precision Industry Co.

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Saudi Arabia partners with Foxconn on new EV brand

Teslarati

Saudi Arabia’s Public Investment Fund and Taiwan-based technology manufacturer Foxconn entered into a joint venture to develop and manufacture electric vehicles. The PIF previously invested in Lucid to attract industrial firms to create a domestic supply chain in Saudi Arabia. .

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Apple iPhone assembly company Foxconn wants to make Tesla vehicles

Teslarati

Instead, it wants to help its customers sell “a lot” of electric vehicles that will be made in the United States, Taiwan, and Thailand. Supply chain resilience has always been Foxconn’s DNA. Don’t hesitate to contact us with news tips. Just send a message to simon @teslarati.com to give us a heads up.