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Mitsubishi Electric, Aisin form automotive parts company to counter China's low-cost attack

Mitsubishi Electric, its subsidiary Mitsubishi Electric Mobility, and automotive components supplier Aisin recently announced they will establish a joint venture to make next-generation car parts. The move, which will accelerate R&D speed, is a response to the cost reduction trend driven by China's low-cost EVs.

Credit: AFP

Foxconn, ZF establish car chassis system joint venture

Foxconn has invested in critical EV components and modules, in addition to vehicle manufacturing, to scale its EV venture. Its partner ZF Group, one of the leading automotive suppliers, announced on Wednesday that the two companies had completed the process of forming a joint venture for passenger car chassis systems on April 30.

Credit: Foxconn

PlayNitride collaborates with leading auto players as micro LED car displays approach mass production

Micro LED applications are expected to multiply in the coming years, especially in the automotive sector. Li Yun-Li, CEO of micro LED supplier PlayNitride, said customers will likely put the company's product into concept vehicles in 2025 and enter the design phase of volume-production cars in 2027. The adoption of micro LED solutions in EVs could progress faster than expected.

Credit: DIGITIMES

Backed by 7 leading automakers, Ionna to begin charging service in 2024

Ionna, a charging service provider formed by seven leading carmakers, started operation in early February. The company plans to open its first US charging stations this year and expand to Canada later. It aims to deploy at least 30,000 chargers in the future and leverages renewable power to offer EV charging services.

Credit: Ionna
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