News

European automotive manufacturers are currently recovering from the chip shortage, yet another supply chain issue has surfaced amidst Russia’s invasion of Ukraine, where a tiny component may force these manufacturers to lower production for the first half of 2022 by 700K units. ...  more

The increasing installed capacity of wind power in recent decade has not only yielded enormous level of power generation through green energy and acceleration on energy transformation, but also the troublesome issue of wind turbine recycling, and it is expected that 2 million tons of wind turbine blade waste will be accumulated around the world by 2050. ...  more

Germany, the largest economy in Europe, activated an emergency contingency plan on the management of natural gas supply on March 30th in order to avoid a predicament or suspension in provision from Russia’s demand of paying for fuels with Ruble. Judging by Vladimir Putin’s latest plan, Germany may proceed with the particular implementation. ...  more

Foxconn announced at its Facebook page today (March 30th) that two EV models, Model C and Model E, developed by its subsidiary Foxtron, were respectively awarded with “Best Energy-Saving SUV” and “Best Concept Sedan” at the Bangkok International Motor Show (BIMS) for their excellent performance and technology innovation. ...  more

Kymco has decided to go against the major trend of rising oil and shipping cost by releasing a new plan that would become effective since April 1st. The goal is clear, and that is to compete with Gogoro’s inflated plans. ...  more

The auto industry is one of the sectors hardest hit by supply chain disruptions caused by the pandemic. However, this is not actually the case. ...  more

Smart energy supplier HD Renewable Energy has been aggressive in the deployment of commercial opportunities for energy storage, and announced today (30th) that it will be developing the largest energy storage site in Taiwan at Liouying District of Tainan, which is expected to activate in 2023. ...  more

The Nikkei Asian Review reported that approximately 100 Japanese companies will participate in the joint development of electric vehicles led by Foxconn, including Toyota Motor suppliers, representing a significant impact on the auto industry. ...  more

According to the quotation of EnergyTrend, the price of mono polysilicon remains at RMB247/KG. The RMB price of non-China polysilicon was US$34.381KG, an increase of 0.11% from the previous US$34.343/KG. The quotation for multi ...  more

The MIH Alliance hosted a partner conference and the first overseas investment promotion on March 25th, and invited 250 MIH members, including Foxtron, US-based Lordstown Motors, and Thailand-based PTT, so as to co-establish an open EV ecosystem and create commercial opportunities in estuary for EVs. ...  more