EV

Foxconn Interconnect Technology (FIT) announced today to be acquiring German automotive component supplier Prettl SWH for EU€186 million (approx. NT$6.1 billion) that will further expand the former’s capability in key EV components. ...  more

This year saw the worst share price performance of Tesla, but it did not affect the confidence among small retail investors on Tesla and its CEO Elon Musk. ...  more

Giga Shanghai is the most important production base of Tesla, and is regarded as a miracle in the history of automotive production by being able to deliver within a year after groundbreaking and construction, as well as elevate capacity to more than 600K units within 3 years. ...  more

Tesla’s new in-house batteries are finally on track, and can now supply 1,000 units of Model Y in the most recent week. It has been more than two years since they first announced the concept of this battery. ...  more

Countries around the world are trying to solve the problem of EV charging by accelerating the construction of charging stations, with EV makers striving to advance battery technologies. However, extreme cold can cause trouble to EV owners as freezing conditions affect the performance of Li-ion batteries—a crucial component powering their vehicles. The historic winter storm blasting the US recently has prompted Tesla owners to complain that the blizzard has caused a range dip and that they cannot charge their vehicles. ...  more

Kymco announced today that it has attained the target of 2,000 Ionex battery swapping stations at a construction speed of 2.5 units each day since the announcement of the 3.0 system in early 2022. Kymco will be equipped with new targets and partners in 2023. ...  more

Automotive software provider Sonatus announced they have completed a Series B funding (US$75 million) that was led by Foxconn. Sonatus, including the previous Series A funding, has funded more than US$110 million from venture capital companies, strategic partners, and clients. Foxconn commented that it has begun discussing with Sonatus regarding business collaborations on components and solutions for automotive software, as well as cloud services. ...  more

Taiwan Cement Corporation’s energy storage subsidiary NOHA.TCC launched a campaign called “Off-Peak Charging for a Better Planet” at its charging stations, where drivers who charge their electric cars during off-peak hours (10 p.m.–10 a.m.) can get an extra 1-kWh charge for free for every 1-kWh of electricity they use. The campaign aims to mitigate the burden on power grids in Taiwan and help save 10 tons of carbon emissions for Earth. ...  more

Gogoro has once again expanded its overseas territory by working with the largest telecom operator Globe Telecom of the Philippines. The scooters and battery swapping stations will begin pilot runs in Manila starting from 2023, and become a new logistics tool in the country then. ...  more

EV startup Canoo has finally delivered its first vehicle to its buyers, who is the US Army, and there is only one unit only. The Light Tactical Vehicle is a preliminary EV test by the US Army, and may generate additional profits for Canoo in the future to support the startup’s precarious financial reports. ...  more