Consequence of unfair subsidies? Canada becomes latest Western market to impose tariffs on China-made electric vehicles
TECHNOLOGY POWERING BUSINESS
News subsidies
China’s BYD Signs $1bn Deal For Factory In Turkey
BYD, China's largest electric vehicle (EV) maker, is to setup a manufacturing plant in Turkey, as EU tariff talks falter
EU Widens Investigations Into Chinese Imports, Subsidies
After the United States imposes 100 percent tariffs on certain Chinese goods, Europe widens its investigations into Chinese goods
TSMC Further Delays $40 Billion Arizona Chip Fab
Chip manufacturing giant TSMC confirms arrival of second factory in Arizona will be delayed, amid US incentive review
Israel Agrees $3.2bn Grant For Intel $25 Billion Chip Factory
Intel to make its largest ever single investment in Israel, with a $25 billion chip-making factory in the south of the country
China’s BYD To Construct EV Factory In Hungary
Electric vehicle factory to be constructed in Hungary for China’s BYD, as European EV manufacturing ramps up
Germany To Subsidise TSMC Factory In Dresden
TSMC's first European factory will see the German government cough up 5bn euros (£4.3bn) in subsidies for the 10bn euros (£8.6bn) fab
Intel Reaches Deal With Germany Over Magdeburg Chip Plant
Intel reaches agreement with Germany government over 10bn euros in subsidies for planned Magdeburg facility, as costs soar
India To Reopen Applications For $10bn Chip Incentives – Report
Bad news for China? India is to reopen application process for $10bn in incentives to build local chip factories
Intel Seeks $5 Billion More In Subsidies For German Chip Plant – Report
Chip giant Intel is reportedly seeking an additional 5 billion euros in subsidies from the German government
EU Countries Agree 45bn Euro Chip Production Plan
European chip production subsidies. Agreement from EU countries to a 45-billion-euro ($46.6 billion) fund to encourage local chip production
President Biden Signs $53 Billion US Chips Act
President Joe Biden signs landmark bill to encourage chip makers to build more semiconductor manufacturing capacity in the US
Italy, Intel Close To $5bn Chip Factory Agreement
Increase In European chip production? Agreement for Intel semiconductor packaging and assembly factory in Italy reportedly nudges closer
US Congress Passes $52 Billion Chips Act
No more chip shortage? President Joe Biden can now sign US Chips Act into law after Congress approved funding for more domestic chip production
US Says Private Investment Boosts EV Charger Manufacturing
US says private companies investing more than $700m to expand domestic electric vehicle charger manufacturing capacity after $7.5bn subsidy package