The US-China tech war escalates over electric vehicle (EV) battery dominance as Silicon Valley startups and South Korean and Japanese governments make significant moves. A Silicon Valley startup, Sila, supported by a $100M grant from the US Department of Energy, is working on silicon-based technology to enhance electric car batteries. Japan and South Korea plan to offer tax incentives and financial packages totaling $29 billion to promote mass production of EVs and semiconductor devices. Additionally, ASML and Samsung will jointly invest around $760 million to build a South Korean plant for cutting-edge semiconductor processing technology.
Indonesia to entice EV manufacturers with tax incentives https://t.co/STFTROA0o7
Indonesia relaxes tax rules on EV imports to attract investment https://t.co/pRJA4VeWsl https://t.co/V6fwY4CQgt
Samsung and ASML to invest $760 million to build an advanced chip plant in South Korea https://t.co/XfOiIu8Bfj
Samsung and ASML to invest $760 million to build an advanced chip plant in South Korea https://t.co/tJk0Tvykra
Japan plans tax breaks for 10 years to boost EV, chip production - Nikkei https://t.co/HFJPq3n1ao https://t.co/EgWLf7G0yf
ASML joins with Samsung, SK hynix, for chip research lab in South Korea https://t.co/CXCGGrZLuM
South Korea to provide $29 bln to support battery industry over 5 yrs https://t.co/27chWAaEaB https://t.co/djK4BDroEW
Japan plans tax breaks for 10 years to boost EV, chip production - Nikkei https://t.co/KaycNY9YRV https://t.co/mqD2yxSQZp
Japan plans tax breaks for 10 years to boost EV, chip production - Nikkei https://t.co/2YEHQrJDnr https://t.co/Ao5n4oNbM3
ASML and Samsung plan to jointly spend ~$760M to build a research plant in South Korea using ASML's next-generation extreme ultraviolet equipment technology (@cagankoc / Bloomberg) https://t.co/oXqbh7PdSL 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/Bkm3XhK1cu
ASML and Samsung will jointly spend around $760 million to build a South Korean plant that will develop cutting-edge semiconductor processing technology https://t.co/cqhJRAJVUN
ASML and Samsung will jointly spend around $760 million to build a South Korean plant that will develop cutting-edge semiconductor processing technology https://t.co/sUSuDikCM4
South Korea unveiled a $29 billion financial package aimed at helping local electric-vehicle battery makers diversify their supply chains https://t.co/1aSlVP0LGU
🔴 JAPAN GOVERNMENT PLANS TO OFFER 10 YEARS OF TAX INCENTIVES TO PROMOTE MASS PRODUCTION IN AREAS INCLUDING ELECTRIC VEHICLES & SEMICONDUCTOR DEVICES - NIKKEI.
The Silicon Valley startup is part of a push to make high-value battery components currently sourced mainly from China. https://t.co/3jHkZHcmfS
Sila has broken ground on its first automotive-scale manufacturing facility to produce silicon-enhanced materials for batteries. The project is supported in part by the U.S. Department of Energy’s $100M grant. Learn more: https://t.co/BCnvkBqwYi #invest #investing #investment https://t.co/jLRmFfVzTo
The Silicon Valley startup is part of a push to make high-value battery components currently sourced mainly from China. https://t.co/V9YafadN18
A company working with Tesla’s main US battery supplier has silicon-based tech that could soon give electric cars 500-mile ranges and charge refills in just 10 minutes. https://t.co/CR3Wmjs38s
China raises threshold on tax-breaks for EVs amid growing adoption https://t.co/UoBk0KMB0x
Focus: South Korean auto battery firms take on Chinese rivals but with trepidation https://t.co/zvFMUVO7dY https://t.co/Sllp9mmQv5
The Silicon Valley startup is part of a push to make high-value battery components currently sourced mainly from China. https://t.co/QCEHsOfi0r https://t.co/W6PV9Nfr1K
US-China tech war escalates over EV battery dominance https://t.co/2ekNY4xisH via @techcrunch
Biden’s ‘poster child’ for US-made electric car batteries gets a new CEO https://t.co/Svh29maRX1