Evoasis unveils EV plug-and-charge network in Taipei, with plans to accelerate deployments in northern Taiwan in 2025

Electric vehicle (EV) charging company Evoasis and the Taipei City government jointly announced on April 22 that more than 300 AC smart charging piles across the city are now fully operational. Evoasis vice chairman Calvin Cheng said that the company will accelerate the expansion of its charging pile network in Taiwan in 2025, with the main focus on the northern cities of Taipei and New Taipei.

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YMTC lands US$1.3B funding as financials reveal post-Unigroup fallout

YMTC, one of China’s leading semiconductor firms, has secured a new funding round with a CNY1.6 billion (approx. US$220 million) capital injection from Quanhong Investment, a subsidiary of Hebei Yangyuan ZhiHui Beverage. Once the deal closes, Quanhong will hold a 0.99% stake in YMTC’s parent company. Yicai reports the move aligns with Yangyuan’s strategic push into equity investments.

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Decoupling from China and local policies drive Taiwan and South Korea battery firms to seize SEA opportunities

Amid geopolitical tensions, tariff adjustments, and regulatory pressures from the US, battery supply chain players state that Southeast Asian customers are reducing their reliance on Chinese-made batteries. Instead, they are seeking alternatives from South Korea, Taiwan, and other regions, fueling a new wave of business opportunities for companies like Samsung SDI and Formosa Smart Energy.

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China launches ‘human wave strategy’ for R&D, poaching top-level South Korean scholars

Reports indicate that many outstanding South Korean research scholars have been moving to Chinese universities. These experts hold world-class authority in foundational fields of cutting-edge technologies such as semiconductors, batteries, and quantum computing—areas marked by intense global competition. It signals that, amid escalating US-China rivalry for advanced technology supremacy, China is actively recruiting top South Korean talent to accelerate its R&D efforts.

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