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CATL Pushes Back American Battery Plant News Amid Pelosi's Taiwan Visit

InsideEVs

The Chinese company is planning to build factories in the US or Mexico to produce EV batteries for Tesla and Ford.

Taiwan 78
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Foxconn tied up with Thailand’s PTT for making electric vehicles

Electric Vehicles India

Taiwan’s Foxconn has announced a partnership with Thailand’s government, a state-run energy group PTT PCL to manufacture electric cars in Thailand. Foxconn had tied up with Chinese electric-car maker Byton and automakers Zhejiang Geely Holding Group and Italian company Stellantis. Watch the related video here.

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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. The Reuters review found neither Nvidia nor retailers approved by the company were among the suppliers identified. Buying or selling high-end U.S.

Auto 52
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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

European share of the global computer chip market “is 8% at best,” the outgoing chief of Europe’s largest tech company said in an interview following ASML earnings on Wednesday. “If you want to get to 20%, you just have to calculate how much you need to build here.”

Europe 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.” The company also brought a manufacturing facility in the US, which was earlier owned by Tesla rival Lords town Motors, to make electric cars.

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

Teslarati

Chinese battery manufacturer Contemporary Amperex Technology Co., Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. The Debrecen, Hungary battery plant would join CATL’s Munich, Germany facility as the second for the company in Europe. ” I’d love to hear from you!

Hungary 98
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Intel challenges Nvidia, Qualcomm with ‘AI PC’ chips for cars – ET Auto

Baua Electric

Intel’s new automotive system on a chip products will adapt the company’s recently launched AI PC technology for the durability and performance requirements of vehicles, Weast said. Intel did not disclose a purchase price for the closely held company, controlled by venture funds Cipio Partners and Capital-E.