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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

Chinese 259
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Defending Taiwan With Chips and Drones

Cars That Think

The majority of the world’s advanced logic chips are made in Taiwan, and most of those are made by one company: Taiwan Semiconductor Manufacturing Co. While it seems risky for companies like Nvidia, Apple, and Google to depend so much on one supplier, for Taiwan’s leaders, that’s a feature, not a bug. The island already has 2.4

Taiwan 118
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Taiwan Reboots Its Solar-Power Fishponds

Cars That Think

Taiwan is striving to massively expand renewable generation to sustain its semiconductor fabs, and solar is expected to play a large role. Is Taiwan’s aquavoltaics plan unrealistic? Critics of Taiwan’s renewed aquavoltaic plans thus see the government’s goal as unrealistic.

Taiwan 132
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TM4 JV Prestolite Electric Propulsion Systems launches production at its Chinese facility

Green Car Congress

Several Chinese manufacturers are already using PEPS products and buses equipped with these technologies have been exported to countries such as Germany and Taiwan. Its product line includes motors, generators, inverters and vehicle control units for 6–18 meter buses, commercial vehicles, heavy machinery and river watercraft.

Chinese 199
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SK signs MOU with Taiwan’s Formosa Plastics for stationary Li-ion energy storage systems

Green Car Congress

SK Energy and Taiwan’s Formosa Plastics Group have signed a memorandum of understanding to develop stationary Li-ion energy storage systems. Formosa Plastics Group is the largest company in Taiwan and the largest private petrochemical company in Asia. JoongAng Daily.

Li-ion 210
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Rivian community, ELMS electric van, Foxconn, Fisker, and Lordstown: Today’s Car News

Green Car Reports

The plant that built generations of Hummers is now making Chinese electric vans. Taiwan’s Foxconn, the contract maker. Rivian is selling direct, like Tesla, but aiming for community. And could the maker of the iPhone produce both Lordstown Motors’ electric pickup and a future Fisker EV in Ohio?

Fisker 179
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Daimler to take 12% stake in BAIC Motor

Green Car Congress

The move, making Daimler the first non-Chinese automotive company to take a stake in a Chinese OEM, deepens an existing strategic partnership. It is also significant so that both companies can actively participate in the opportunities of the Chinese automotive market. Ltd to develop an electric vehicle for the Chinese market.

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