Partnerships are vital in the EV ecosystem. The recent global supply chain concerns have prompted many companies to bring their component suppliers closer. But most Indian EV manufacturers realize it is more important to prioritize value-addition than proximity.
As part of its efforts to ease serious domestic talent shortage, the government in Taiwan has recently reactivated its overseas recruitment campaign, which was earlier interrupted by the pandemic, aiming to recruit 60,000 foreign professionals for local semiconductor and new tech innovation sectors, according to the National Development Council (NDC).
Taiwan IC test interface solutions providers continue to embrace robust demand from major US HPC processor vendors Intel, Nvidia and AMD, which will effectively offset reductions in shipments to handset AP clients amid sluggish terminal demand, according to industry sources.
US President Joe Biden announced the approval of US$900 million in funding charging infrastructure installation on Wednesday. The administration aims to utilize the federal grant and the recently renewed EV tax credit to speed up automotive electrification in the country.