Innovation – Product innovation Tag

Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) and Taiwan’s electronics manufacturer Hon Hai Precision Industry [2354:TT], more commonly known as “Foxconn,” will set up a joint venture called Ceer to produce electric vehicles (EV), as reported by Reuters on November 4. The joint...

Indonesia seeks to keep coal-fired power plants running for another ten years and then completely move away from fossil fuels within the next 20 years, as reported by Bloomberg on September 16. According to Indonesia’s State-owned Enterprises Minister, Erick Thohir, Indonesia will need USD600bn to...

China’s car maker BYD [1211:HK] is planning to launch three new models of electric vehicles (EVs) in 2023 in Japan, as reported by Nikkei Asia on September 13. In January 2023, BYD will sequentially release the midsize sport utility vehicle Atto 3, the hatchback compact...

Japanese automaker Honda Motor [7267:JP] announced a plan to release more than ten electric motorcycle models globally over the next three years, as reported by Reuters on September 13. The company has set a goal to achieve carbon neutrality for all its motorcycles by the...

Indonesia’s electric vehicle (EV) technology company PT VKTR Teknologi Mobilitas (VKTR), a subsidiary of PT Bakrie & Brothers [BNBR:IJ], announced its plan to raise USD45m through an IPO on the Indonesia Stock Exchange in November, as reported by Nikkei Asia on August 30. The company...

South Korean tech giants Samsung Electronics [005930:KS] and LG Electronics [066570:KS] will exhibit various products made from recycled materials at the IFA 2022 on September 2 to parade their efforts in making environmental-friendly products, as reported by the Korea Economic Daily on August 29. At...

Chinese battery maker Gotion High-tech [002074:CH] plans to increase the energy density of lithium iron phosphate (LFP) batteries to 300 Wh/kg by 2030, as reported by Nikkei Asia on July 11. The company is working to improve the performance of both the positive and negative...

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