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RecycLiCo Battery Materials and Zenith Chemical announce US$25M Li-ion battery recycling JV in Taiwan

Green Car Congress

The parties have agreed to build their first commercial scale battery recycling facility and contribute 50% of the required capital in three initial stages, with the balance being advanced as required to fund construction and start-up costs.

Taiwan 150
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U.S. Universities Are Building a New Semiconductor Workforce

Cars That Think

Taiwan Semiconductor Manufacturing C o. TSMC), which was already building a $12 billion fab in Arizona , upped the investment to $40 billion with a second plant. SkyWater, a Minnesota-based foundry, is building a fab near the university. The program builds on Purdue’s SCALE program , funded by the U.S.

Universal 135
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Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

Tesla shifted its other workers from India to focus on the APAC unit, including Australia, New Zealand, South Korea, and Taiwan. . According to the The Economic Times , India places a 60% import duty tax on electric vehicles priced $40,000 or lower and 100% import duty tax on EVs priced higher than $40,000.

Asia 98
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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. This makes distributed solar 12% cheaper on average than residential power prices, unlocking substantial potential for rooftop solar.

Asia 52
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Bosch launches eScooter sharing service under new Coup brand

Green Car Congress

Coup, a wholly owned subsidiary of Bosch, now provides Berlin residents with a new mobility option featuring a simple pricing model. The new Coup sharing service represents an additional building block for the Mobility Solutions business sector. Bosch is launching its new Coup eScooter sharing service in Berlin.

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Hero MotoCorp partners Taiwan’s Gogoro to develop EV & battery swap stations 

Electric Vehicles India

Hero MotoCorp partners Taiwan’s Gogoro to develop EV & battery swap stations . Gogoro has more than 2,000 GoStations in Taiwan and it facilitates over 2,00,000 battery swaps. It aims to build a complete portfolio in the segment. With this partnership, HeroCorp will launch electric vehicles using Gogoro’s technology.

India 86
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Lordstown delays plant sale to Foxconn, needs $150m in capital for production

Teslarati

In November 2021, Lordstown announced during its Q3 earnings call that it had reached an agreement in principle to sell its assembly plant in Lordstown, Ohio, to Foxconn, a Taiwan-based electronics manufacturer. The deal was set to be finalized in April, but the companies both agreed on a slight deadline extension.

Sale 98