German car brand Audi said on Tuesday that it will end the production of internal combustion engine cars by 2033.The brand, a unit of Volkswagen, said it will also only launch new electric car models starting in 2026, Audi CEO Markus Duesmann said following a climate conference in Germany.Audi’s dec

Samsung Display has completed the development of the structure of its quantum dot nanorod LED (QNED), market research firm UBI Research claimed.UBI Research said it analyzed 160 patents filed by Samsung Display related to QNED to draw its conclusion.The structure of how QNED will be composed has bee

LG Electronics will begin sales of its 83-inch OLED TV in South Korea.Sales will also begin in the US this month, the company said on Monday.The TV, model name 83C1, is LG’s largest 4K OLED TV yet. Its largest OLED TV to date is 88-inch and supports 4K resolution. LG offers 48, 55, 65, 77, 83 and 88

Intel was in talks to build a chip factory in Germany, according to Reuters.Germany’s southern state of Bavaria was in talks with the US chip giant for the factory, the local Economy Minister Hubert Aiwanger said.Bavaria has suggested a disused air base in Penzing-Landsberg, west of Munich as a poss

3D cover glass company JNTC said on Monday that it has completed its third factory in Vietnam.The factory takes up 87,000 meter-square of space, equivalent to 12 football fields, and larger than its first and second factories combined, the company said.JNTC initially planned to complete the third fa

Vinatech said on Friday that it will spend 86 billion won to build a new factory to manufacture supercapacitors and membrane electrode assembly (MEA) at Wanju, South Korea.The new factory will be built on 58,494 meter-square of land at the second industrial zone at Wanju.Supercapacitors stores elect

Edison Motors and Semisysco will collaborate in the sales of electric trucks and buses, the pair said on Friday.They will use their motor, battery management system, and light car body technologies to expand their portfolio in electric vehicles and SUVs, they said.They will also continue advance the

LG Energy Solution was the largest shipper of batteries globally, excluding China, from January to April this year, according to SNE Research.The South Korean battery maker controlled a 34.9% market share during the period, overtaking Panasonic which had 27.1% for the top spot.In the same time perio

US automobile giant General Motors will expand its global spending up to 2025 on electric vehicles to US$35 billion, according to Reuters.The company is also planning unveil 30 new models of electric vehicle by 2025, the report said.Rival Ford has said it plans to expand spending into electric vehic

Electronic component company SoluM said on Wednesday that it will collaborate with Cisco to develop an electronic shelf label (ESL) integrated solution.The solution will be applicable in retail stores, offices and lockers, SoluM said.Customers can use Cisco’s existing network for the service, the co

LG Energy Solution said on Thursday that it has supplied its batteries for an energy storage system (ESS) in the US.The South Korean battery firm supplied batteries to US energy firm Vistra’s 1.2GWh ESS at Monterey, California.The ESS can power 225,000 households at peak hours, LG Energy Solution sa

LG Energy Solution was the largest shipper of batteries globally, excluding China, from January to April this year, according to SNE Research.The South Korean battery maker controlled a 34.9% market share during the period, overtaking Panasonic which had 27.1% for the top spot.In the same time perio

SsangYong Motor said on Tuesday that it has begun mass production of its first electric vehicle, the Korando Emotion.Korando Emotion was designed based on its small SUV Tivoli. The car was first shown off with a teaser image in July last year.The car will be launched in Europe first in October. Laun

Isu Petasys said on Friday that its subsidiary Isu Exaboard was ending its printed circuit board (PCB) business.Isu Petasys makes boards for telecom application while Exaboard had focused on flexible PCB and high density interconnectors for smartphones.TheElec was the first to report on the exit in

Hyundai Motor Company said on Monday that it will suspend production at its factory in Montegomery, Alabama for a week due to problems with producing chips.The factory will halt production from June 14 to 21. It is the automobile company’s eighth suspension since the start of the second quarter this

A Hyundai Motor Company executive declined to comment on whether the conglomerate was planning to develop and manufacturing its own semiconductors on Friday.But Seoho Choi, vice president of technology innovation business development group at Hyundai, said at an industry event called Seoul Smart Mob

Biolog Device said on Friday that it will inject an additional 1.75 billion won into Hivics, which it has acquired last month.The added funds will be used by Hivics to hire doctorate engineers specializing in electric cars, autonomous cars, AI and IoT, Biolog Device said.Hivics will also hire more p

Samsung SDI is planning to spend up to 200 billion won to expand its production capacity of cylinder batteries at its factory in Seremban, Malaysia.The company is likely to manufacture 21700 batteries with a capacity of over a million cells per month, or 2GWh per year, through the new production lin

Hanwha Systems will set up a subsidiary in California for its urban air mobility (UAM) business, CEO Kim Youn-chul said on Thursday.The company was planning to hold talks with US Federal Aviation Administration on setting a certification standard for UAM, Kim said at an industry event in Seoul.Hanwh

Hyundai Motor Company said on Thursday that it has signed a collaboration agreement with South Korea’s capital Seoul to build an urban air mobility (UAM) ecosystem.The company claimed it will commercialize UAM by 2028, at an industry event held in Seoul. It will collaborate with Seoul to make UAM so