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...With up to an estimated $72bn of state-related support over the past 15 years, the development of the single-aisle aircraft is seen as a big step forward for President Xi Jinping’s vision of moving China...
...It also recently opened a large research and development centre for Polestar, the electric vehicle brand owned by Volvo, the Swedish carmaker acquired by Geely in 2010....
...A researcher from Beijing Xinghang Electro-mechanical Equipment Co Ltd, a Chinese defence company, was also listed as a contributor on the study....
...in Germany, and the European market is going to be ours,” said Vincent Liu, president and chief executive of LCY Group, a supplier of cleaning agents and solvents to Taiwan Semiconductor Manufacturing Co...
...and industrial development”....
...“Our country has established a new industrial development advantage, in the process of promoting peak carbon and carbon neutrality,” Wang said in a speech in Beijing in March, adding that China has “built...
...months of delay, Nissan released a business plan on Monday addressing how a carmaker of its size — with relatively small annual sales of fewer than 4mn vehicles — would finance the costs of new technology development...
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...The probe will focus on two consortiums bidding for the development of a solar park in Romania, part-financed by EU funds....
...Smaller, newer rivals such as XPeng and Li Auto with a head start in software development had already been chipping away at its market share by offering connected and smart features in their EVs....
...Resonac, formerly Showa Denko, will set up a research and development centre for advanced chip packaging and materials in Silicon Valley....
...Samsung and LG declined to comment on their co-operation....
...Taking Chinese government or development agency money often requires building plants in the country. “When you go global you don’t get that same kind of support,” he added....
...“As part of our long-term commitment, we envision building an EV ecosystem and fostering development in Indonesia,” he added....
...Proceeds of the latest sale would be used to fund global business development within Geely, the Chinese company said....
...Joe Biden’s Inflation Reduction Act aims to dole out billions in subsidies for EV development to non-Chinese groups in a bid to reduce US exposure to Chinese technology in key supply chains....
...Unsurprisingly, in the past 10 years the purpose of HS2 Ltd — the company set up back in 2009 to develop and manage the new railway — broadened massively to encourage co-operation from thousands of stakeholders...
...Some Chinese producers of EV battery materials are taking an even more circuitous route to western markets by setting up joint ventures with South Korean industrial groups....
...“This act not only made [Samsung’s] efforts obsolete, it could also hugely damage the nation’s industrial competitiveness,” the judge declared....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Aggarwal co-founded the ride-hailing app Ola Cabs over a decade ago, before adding to his mobility empire by creating Ola Electric, and most recently expanding into artificial intelligence with start-up...
...While I treasured the time spent with my little bundle of joy during my leave, I also missed the excitement of on-the-ground reporting on the tech industry....
...The Korean government is also struggling to persuade Indonesia to honour its financial commitments to a joint fighter jet development programme....
...The real excitement hinges on a technological development that it would enable: lithium metal anodes....
...In addition, the group disclosed the extent of its reliance on its parent company Geely, which it leans on for “research and development, procurement, manufacturing, and engineering”....
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