Hon Hai Precision Industry Co (鴻海精密) is developing a faster-charging, longer-lasting battery for electric vehicles (EV) using lithium iron phosphate thanks to new developments in anode materials, the company said yesterday.
The remark came after the world’s largest electronics contract manufacturer signed a memorandum of understanding (MOU) with partners Giga Solar Materials Corp (碩禾電子), Long Time Technology Co (榮炭科技) and China Steel Chemical Corp (中鋼碳素) to “accelerate the development of anode materials for the next generation of made-in-Taiwan EV batteries.”
The key materials for such batteries are mesocarbon microbeads (MCMB), which China Steel Chemical manufactures, silicon oxide, which Giga Solar produces, and artificial graphite, which Long Time Technology provides, the MOU said.
Photo: Chen Rou-chen, Taipei Times
China Steel Chemical is the world’s biggest manufacturer of MCMBs, and it is in good control of upstream materials and proprietary technology for the manufacturing process, Hon Hai said.
“We anticipate that our partnership would help Hon Hai establish a strong place in the global EV battery supply chain and become widely used in electric vehicles, electric buses and battery storage applications,” it said.
The first application for the new lithium iron phosphate battery would be in electric buses, which the company has scheduled to reach the market in 2023, Hon Hai said.
Hon Hai has invested heavily in the EV space.
Its first electric bus is to be delivered in the second quarter of next year.
Hon Hai has stakes in Long Time Technology and Giga Solar Materials.
China Steel Chemical is a subsidiary of China Steel Corp (中鋼) that focuses on specialty chemicals for the production of steel.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
RSS