AsiaBusinessOutlook >> Sinopec, LG Chem Partner to Develop Sodium-Ion Batteries

China’s Sinopec and South Korea’s LG Chem join forces to develop sodium-ion battery materials for EVs and energy storage, marking Sinopec’s first new energy push., Sinopec, LG Chem Partner to Develop Sodium-Ion Batteries

AsiaBusinessOutlook >> Rhenus strengthens Air Freight Gateways Network in Southeast Asia

Leading global logistics provider Rhenus Group is steadily increasing its investments in Southeast Asia, as part of its ongoing plans to strengthen its presence across key trade corridors globally. The China+1 strategy has also influenced cargo flows, Rhenus strengthens Air Freight Gateways Network in Southeast Asia

AsiaBusinessOutlook >> Spanish Auto-Parts Maker Gestamp Plans Deeper China Expansion

Spanish auto-parts supplier Gestamp is preparing to expand further in the China market, which the company identifies as one of its three key global regions. Executive Chairman Francisco J. Riberas said China has become an essential part of the com..., Spanish Auto-Parts Maker Gestamp Plans Deeper China Expansion

AsiaBusinessOutlook >> Samsung & Hyundai Unveil Big Expansion Plans in South Korea

Samsung Electronics and Hyundai Motor Group have made it clear that their large new investments will remain in South Korea. This comes as a relief to many who were worried that these massive US-focused capital expenditures , Samsung & Hyundai Unveil Big Expansion Plans in South Korea

AsiaBusinessOutlook >> Stellantis-CATL Begin US$4.7B EV Battery Plant in Spain

Stellantis and CATL have started building a €4.1B EV battery plant in Spain, targeting 50 GWh output by 2030 and aligning with new EU battery passport rules., Stellantis-CATL Begin US$4.7B EV Battery Plant in Spain

AsiaBusinessOutlook >> South Korea to Invest $191M in Next-Gen Battery Tech

South Korea has unveiled a plan to spend 280 billion won (about US$191 million) over a period of four years to develop battery technologies of the next generation, such as batteries all-solid-state, lithium metal, and lithium-sulfur., South Korea to Invest $191M in Next-Gen Battery Tech

AsiaBusinessOutlook >> Onsemi & GlobalFoundries Team Up on 650V GaN Power Chips

Onsemi partners with GlobalFoundries to develop 650V GaN-on-silicon power devices using 200 mm wafers, targeting AI data centers, EVs, and aerospace by 2026., Onsemi & GlobalFoundries Team Up on 650V GaN Power Chips

AsiaBusinessOutlook >> Samsung SDI, KG Mobility Partner on Next-Gen EV Batteries

Samsung SDI and KG Mobility sign an MoU to co-develop EV battery packs using advanced 46-series cylindrical battery cells., Samsung SDI, KG Mobility Partner on Next-Gen EV Batteries

AsiaBusinessOutlook >> East & South Asia Highlights

Cornerstone Robotics secured US$200 million in funding from global strategic and sovereign investors to accelerate the commercialisation and expansion of its advanced surgical robotics solutions worldwide, boosting accessibility and innovation in min, East & South Asia Highlights

AsiaBusinessOutlook >> Reliance Pauses Lithium-Ion Cell Plans Amid China Tech Curbs

Reliance Industries has paused its plans to manufacture lithium-ion battery cells in India after failing to secure critical battery cell technology from China, according to sources cited by Bloomberg. , Reliance Pauses Lithium-Ion Cell Plans Amid China Tech Curbs