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Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
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India, US To Elevate Bilateral Ties To Expand Clean Energy Supply Chains
The US and India plan to elevate bilateral technical, financial, and policy support to expand complementary manufacturing capacity for building on existing clean energy cooperation between the two nations, according to the White House.
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TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
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Micron Plans to Build a $100 Billion Semiconductor Plant in New York
Micron announced on Tuesday it will invest up to $100 billion (nearly Rs. 8,14,500) to build semiconductors in New York state, capitalising on the US policies to boost domestic manufacturing of key goods. The chip giant, which is based in the western state of Idaho, said it plans to begin construction in 2024 on a project expected to be executed ov...
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Fisker to Sell Electric SUV in India Starting July Next Year, Plans to Manufacture Locally
US startup Fisker will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July. It could gradually begin manufacturing its cars locally within a few years. Fisker rival Tesla put its India entry plans on hold after failing to secure a lower import tariff for its cars. Like Fisker, it first wanted to import vehicles to test ...
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Intel’s Self-Driving Unit Mobileye Confidentially Files for US IPO
Intel's self-driving car unit Mobileye confidentially filed for an initial public offering in the US, setting the stage for what is expected to be one of the biggest stock market flotations of the year.
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President Joe Biden Touts 'American Manufacturing Comeback,' Announces Tennessee EV Charger Plant
US President Joe Biden announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, while reiterating his commitment to turn the US government's fleet of cars electric.
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Tesla Headquarters to Move From California to Texas
Tesla CEO Elon Musk announced Thursday that the US-based company will be moving its headquarters from Silicon Valley in California to Austin, Texas where it is building a massive car and battery manufacturing complex.
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PM Modi Discusses Boosting India's Defence Tech With Top Atomic Firm Head
Vivek Lall appreciated the recent policy changes to accelerate defence and emerging technology manufacturing and augment capacity building in India.
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Intel CEO Pat Gelsinger Announces IDM 2.0 Strategy, to Spend $20 Billion on US Chip Plants
Intel will greatly expand its advanced chip manufacturing capacity as new chief executive Pat Gelsinger announced its IDM 2.0 strategy. The company plans to spend as much as $20 billion (roughly Rs. 1,45,300 crores) to build two factories in Arizona and to open up its factories to outside customers.
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Apple Lobbies for Lower Taxes to Boost US Chip Production
Apple has been lobbying the US government on tax breaks to support domestic chip production, suggesting the iPhone maker is keen to move more of its supply chain to the US. Apple has also started using Qualcomm again for iPhone modems, and the San Diego, California-based chipmaker builds some products domestically via production partner Global Foun...
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Samsung Electronics Builds Sixth Domestic Contract Chip-Making Line
The South Korean firm is taking on bigger rival Taiwan Semiconductor Manufacturing (TSMC) in the contract manufacturing business, where it competes for orders from customers such as Qualcomm.
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Intel Bets on Smart Buildings in Israel to Attract Tech Talent
Intel is investing heavily in "smart buildings" in Israel that will be full of perks to keep employees happy, helping the USÂ chipmaker compete for the country's top professionals.
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2 New York Women Plead Guilty In Plan To Build Bomb For US Terror Attack
Two women inspired by radical Islam pleaded guilty in New York City on Friday to teaching and distributing information about the manufacture and use of an explosive, destructive device and weapon of mass destruction, federal prosecutors said.
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AK-203 Rifles, "Made-In-Amethi", Because Of Us, Says PM Modi
Prime Minister Narendra Modi today took the battle against Congress to party chief Rahul Gandhi's backyard, Amethi, where he accused the sitting parliamentarian of lies and failing to deliver on his promise of generating jobs for 1,500 people.
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Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
-
India, US To Elevate Bilateral Ties To Expand Clean Energy Supply Chains
The US and India plan to elevate bilateral technical, financial, and policy support to expand complementary manufacturing capacity for building on existing clean energy cooperation between the two nations, according to the White House.
-
TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
-
Micron Plans to Build a $100 Billion Semiconductor Plant in New York
Micron announced on Tuesday it will invest up to $100 billion (nearly Rs. 8,14,500) to build semiconductors in New York state, capitalising on the US policies to boost domestic manufacturing of key goods. The chip giant, which is based in the western state of Idaho, said it plans to begin construction in 2024 on a project expected to be executed ov...
-
Fisker to Sell Electric SUV in India Starting July Next Year, Plans to Manufacture Locally
US startup Fisker will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July. It could gradually begin manufacturing its cars locally within a few years. Fisker rival Tesla put its India entry plans on hold after failing to secure a lower import tariff for its cars. Like Fisker, it first wanted to import vehicles to test ...
-
Intel’s Self-Driving Unit Mobileye Confidentially Files for US IPO
Intel's self-driving car unit Mobileye confidentially filed for an initial public offering in the US, setting the stage for what is expected to be one of the biggest stock market flotations of the year.
-
President Joe Biden Touts 'American Manufacturing Comeback,' Announces Tennessee EV Charger Plant
US President Joe Biden announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, while reiterating his commitment to turn the US government's fleet of cars electric.
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Tesla Headquarters to Move From California to Texas
Tesla CEO Elon Musk announced Thursday that the US-based company will be moving its headquarters from Silicon Valley in California to Austin, Texas where it is building a massive car and battery manufacturing complex.
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PM Modi Discusses Boosting India's Defence Tech With Top Atomic Firm Head
Vivek Lall appreciated the recent policy changes to accelerate defence and emerging technology manufacturing and augment capacity building in India.
-
Intel CEO Pat Gelsinger Announces IDM 2.0 Strategy, to Spend $20 Billion on US Chip Plants
Intel will greatly expand its advanced chip manufacturing capacity as new chief executive Pat Gelsinger announced its IDM 2.0 strategy. The company plans to spend as much as $20 billion (roughly Rs. 1,45,300 crores) to build two factories in Arizona and to open up its factories to outside customers.
-
Apple Lobbies for Lower Taxes to Boost US Chip Production
Apple has been lobbying the US government on tax breaks to support domestic chip production, suggesting the iPhone maker is keen to move more of its supply chain to the US. Apple has also started using Qualcomm again for iPhone modems, and the San Diego, California-based chipmaker builds some products domestically via production partner Global Foun...
-
Samsung Electronics Builds Sixth Domestic Contract Chip-Making Line
The South Korean firm is taking on bigger rival Taiwan Semiconductor Manufacturing (TSMC) in the contract manufacturing business, where it competes for orders from customers such as Qualcomm.
-
Intel Bets on Smart Buildings in Israel to Attract Tech Talent
Intel is investing heavily in "smart buildings" in Israel that will be full of perks to keep employees happy, helping the USÂ chipmaker compete for the country's top professionals.
-
2 New York Women Plead Guilty In Plan To Build Bomb For US Terror Attack
Two women inspired by radical Islam pleaded guilty in New York City on Friday to teaching and distributing information about the manufacture and use of an explosive, destructive device and weapon of mass destruction, federal prosecutors said.
-
AK-203 Rifles, "Made-In-Amethi", Because Of Us, Says PM Modi
Prime Minister Narendra Modi today took the battle against Congress to party chief Rahul Gandhi's backyard, Amethi, where he accused the sitting parliamentarian of lies and failing to deliver on his promise of generating jobs for 1,500 people.
