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Top News In ஜெர்மன் பொருளாதாரம் அமைச்சர் பீட்டர் Today - Breaking & Trending Today

EU explores chipmaker alliance as alternative to foreign-funded megafab


EU explores chipmaker alliance as alternative to foreign-funded megafab - sources
Reuters
10 hrs ago
By Mathieu Rosemain, Michel Rose and Foo Yun Chee
© Reuters/STEVE MARCUS
FILE PHOTO: An Intel Tiger Lake chip is displayed at an Intel news conference during the 2020 CES in Las Vegas
By Mathieu Rosemain, Michel Rose and Foo Yun Chee
PARIS/BRUSSELS (Reuters) -The European Union is considering creating a semiconductor alliance including STMicroelectronics, NXP, Infineon and ASML to cut dependence on foreign chipmakers amid a global supply chain crunch, four EU officials said.
The plan, which is at a very preliminary stage, may include a pan-European scheme known as an Important Project of Common European Interest (IPCEI), which allows EU governments to pump in funding under easier state aid rules, and companies to work together on the entire project, the sources said. ....

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EV's Don't Like Winter Weather - Energy and Natural Resources


INVESTORS INTERESTED IN FORD AND GM
After years of shunning the U.S. s two largest car
companies, investors are finally starting to kick the tires on
General Motors Co. and Ford Motor Co. Ford shares have surged about
20% this week and have risen about 35% in January, which would mark
their best month since April 2009. The move this week followed a
Deutsche Bank report suggesting Ford could give a
brighter-than-expected profit outlook for 2021 when it reports
fourth-quarter earnings on Feb. 4. GM s stock price also has
jumped about 35% this month, to a record level since shares began
trading in 2010, following the auto giant s bankruptcy a year ....

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EU jump-starts battery development projects with more subsidies | News | DW


EU jump-starts battery development projects with more subsidies
The subsidies worth billions for 42 firms in 12 EU countries are aimed at helping Europe catch up with Chinese, Korean and Japanese electric-car trendsetters.
The aim by 2025 was an EU battery industry capable of powering at least six million electric cars, EU commission vice-president Maros Sefcovic, responsible for the bloc s strategic futures planning, said on Tuesday.
The European Commission s approval of €2.9 billion ($3.5 billion) in subsidies is the second such pan-European scheme, following €3.2 billion approved in 2019 across seven countries.
The latest European Battery Innovation scheme, set to run through 2028, goes to 42 companies in 12 EU member states, spanning raw materials to recycling, start-ups, universities and other research bodies. ....

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