article thumbnail

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

Electric Vehicles India

Foxconn tied up with Thailand’s PTT for making electric vehicles. Taiwan’s Foxconn has announced a partnership with Thailand’s government, a state-run energy group PTT PCL to manufacture electric cars in Thailand.

article thumbnail

Foxconn about to start Electric Vehicles.

Electric Vehicles India

Taiwan tech company Foxconn about to start Electric Vehicles. As per sources, Foxconn about to start Electric Vehicles manufacturing “other lines”, for clients and itself, other than phones. In August it brought a chip plant in Taiwan in a move to supply future demand for auto chips.

article thumbnail

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

Baua Electric

” The European Union last year passed its 43 billion euro Chips Act, a subsidy programme similar to incentive packages in China, the United States, Taiwan, South Korea and Japan. . “If you want to get to 20%, you just have to calculate how much you need to build here.” ASML equipment sales to China hit 6.3

Europe 52
article thumbnail

Foxconn: The Stealth Bomber Of EV Manufacturers Most Won’t See Coming (Part 2)

CleanTechnica EVs

Not only was he armed with an understanding of Chinese language and […]. Historical Background (Continued) The company continued to grow, but didn’t make a name for itself like most companies. As the business grew and grew, Terry Gou expanded overseas into China.

Parts 88
article thumbnail

Honda Speaks About Near Future, EV Plans

The Truth About Cars

Honda is touting increased relationships with semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Company Limited. It's not just electric cars the company has set its sights on. Honda claims to be launching 10 electric motorcycles globally by 2025. The ultimate goal is electric motorcycle sales of 3.5

Honda 52
article thumbnail

2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

On the other end of the spectrum, there were no announcements by electric car pioneer Mahindra Electric, in 2020. Their electric car launches were postponed to 2021. The electric motorcycle scene has disappointed. And 2020 was not good for Electric car fleet companies.

2020 59