Tuesday, 3 December 2024

Focus on Semiconductor

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductor

GM to sell its stake in Michigan battery plant to LG Energy Solution

GM to sell Lansing battery plant stake to LG, trims EV plans amid slow market growth and shifts in production strategy.

FILE PHOTO: A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
AnalysisBusinessEconomyLegislationPoliticsRegulationsSemiconductorStorageTrade

What the U.S. chip crackdown on China means: Key industries and technologies affected

U.S. targets China’s chip ambitions with new export curbs, affecting 140 firms, advanced tools, software, and memory tech.

US National Security Advisor Jake Sullivan said the curbs were taken to prevent adversaries from using American technology in ways that threaten national security (AFP)
BusinessEconomyIndustryNewsPoliticsRegulationsSemiconductorSolarStorageTrade

US unveils fresh export curbs targeting China’s chip sector

The U.S. tightens export controls on AI chips and semiconductor tools to curb China’s tech advances in military and AI.

A person walks outside the headquarters of lidar sensor maker Hesai Group in Shanghai, China November 26, 2024. REUTERS/Zoey Zhang/Files
AnalysisBusinessEconomyElectric Vehicles (EVs)IndustryPoliticsReportsSemiconductorTrade

Chinese lidar sensors pose hacking risk to US defence equipment, report says

A report warns Chinese-made lidar in U.S. defence gear risks hacking, urging bans and allied efforts to build secure supply chains.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryNewsRegulationsSemiconductor

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

The U.S. Energy Department plans a $7.54 billion loan to Stellantis and Samsung SDI for two EV battery plants in Indiana.

India is building what it boasts will be the world's largest renewable power plant (AFP)
AnalysisBusinessCoalEconomyElectricityIndustryManufacturingPoliticsRegulationsSemiconductorSolarStorageUtilities

Glittering dreams: India’s big push for solar power

India is racing to lead the renewable energy revolution, with massive projects like Gujarat’s Khavda plant boosting its green ambitions.

FILE PHOTO: Norsk Hydro logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)Green SteelHydrogenNewsSemiconductorStorage

Norway’s Hydro to phase out green hydrogen, battery businesses

Norsk Hydro is no longer investing in its battery and green hydrogen businesses and will phase out these operations in the coming years.

The plants are to be situated in Bolivia's vast Uyuni salt flats (AFP)
BusinessCritical MineralsEconomyElectric Vehicles (EVs)NewsRegulationsSemiconductorStorage

Bolivia announces $1 bn deal with China to build lithium plants

Bolivia signs $1B deal with China's CBC, a CATL subsidiary, to build two lithium carbonate plants in the southwest.

FILE PHOTO: A general view of Northvolt facility in Skelleftea, Sweden is seen in this undated handout photo. Northvolt/Handout via REUTERS/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductor

Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions

Northvolt files for U.S. Chapter 11 bankruptcy, seeking to restructure $5.8B debt while securing $245M to sustain European battery hopes.

FILE PHOTO: Logo of Swedish carmaker Scania is displayed on a truck at the IAA truck show in Hanover, Germany, September 17, 2024. REUTERS/Fabian Bimmer/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsSemiconductor

Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal

Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.

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