WiTricity, the industry pioneer in wireless power transfer, has announced the acquisition from Qualcomm Incorporated and Qualcomm Technologies, Inc. of certain technology platform and IP assets, which will bring over 1,500 patents and patent applications related to wireless charging that WiTricity will own or control. Through the transaction, Qualcomm Incorporated will become a minority WiTricity shareholder. ...  more

South Korea’s LG Chem announced on January 9 that it will invest KRW 1.2 trillion (USD 1.07 billion) to expand its two battery production plants located in the Chinese city of Nanjing. The initiation of this capacity expansion program is in response to the rising demand in China for powertrain batteries used in electric vehicles (EVs) and cylindrical batteries used in various electronic products. ...  more

The first-phase construction of Gigafactory 3 of Tesla broke ground in Shanghai Linggang Industrial Area on Jan. 7. ...  more

Taiwan-based electric scooter (e-scooter) startup Gogoro made great advances in 2018, and its successes have spurred other domestic vehicle manufacturers to earnestly compete in the e-scooter market. ...  more

South Korea-based SK Innovation expects a great outlook for electric vehicles and plans to massively increase production of EV batteries by a factor of 10 before 2022, to 55 GWh. ...  more

The Chinese government is reported to implement a 30% reduction in the subsidies for the purchase of an electric vehicle (EV) in 2019. Such a move is expected to significantly lower the domestic demand and cause some difficulties for would-be buyers. ...  more

ESI Group (Paris:ESI), leading innovator in Virtual Prototyping software and services for manufacturing industries, will exhibit at CES in Las Vegas on January 8-11, 2019. ...  more