Innovations and Challenges in the Evolving Economy
Dear readers,
Demand for drone pilot certificates in China is surging as the low-altitude economy expands, with over 100 companies offering salaries between 8,000 to 15,000 yuan monthly. Experienced professionals can earn more than 10,000 yuan ($1,400) per month, reflecting the sector's growth potential.
Foxconn is in talks with Tamil Nadu, India, to establish a battery energy storage unit on a 200-acre site near Chennai, marking its second such facility globally.
Delhi's air quality improvement post-Diwali in 2024 highlights the success of its EV policy, aiming to electrify transportation by March 2025.
In Indonesia, the ENTREV initiative showcased its contributions to promoting electric vehicle (EV) adoption during Electricity Connect 2024.
The UK auto industry faces $7.5 billion in costs in 2024 due to mandatory EV sales targets under the Zero Emission Vehicle (ZEV) Sales Mandate. Automakers must meet 22% zero-emission vehicle sales or pay fines, prompting significant compliance expenditures.
Hyundai Motor is launching an EV charging subscription service in Indonesia on November 30, offering access to 518 chargers at 288 stations.
EU-China negotiations over electric vehicle tariffs remain unresolved despite talks of progress, with disagreements over minimum pricing strategies for imported EU vehicles. EU officials cite substantial barriers, prolonging discussions on trade fairness.
Vietnam focusses on green growth as a global trend and necessity, hosting a seminar to explore business opportunities and policies for sustainable transformation.
Jürgen Germeys
With the rise in drone pilot jobs, it seems everyone’s career is really taking off—literally!
China
Peoples Daily | English | News
Demand for drone pilot certificates is rising as job seekers target China's expanding drone sector. Over 100 companies in major cities like Beijing, Shanghai, Guangzhou, and Shenzhen are hiring, with salaries ranging from 8,000 to 15,000 yuan per month. Experienced candidates can earn over 10,000 yuan ($1,400) monthly.
India
The Economic Times | English | News
The Tamil Nadu government is negotiating with Foxconn to establish a battery energy storage system (BESS) unit on approximately 200 acres. This project would represent Foxconn's second BESS facility globally, following its existing plant in Kaohsiung, Taiwan. The Tamil Nadu government has also proposed an incentive package to attract Foxconn's investment.
Discussions are progressing, and Foxconn is likely to develop the site near Manalur in the Tiruvallur district, about 50 km from Chennai. During a visit to India in August, Chairman Young Liu discussed the company's shift from smartphones to sectors like electric vehicles (EVs), energy, and digital health, showing keen interest in enhancing its battery technology efforts.
Liu detailed Foxconn's "3+3 strategy," focusing on EVs, digital health, and robotics as key growth industries. He mentioned that the company's battery storage initiatives align closely with the electric vehicle market. An investor update noted delays in the mass production of the first BESS unit in Taiwan due to adverse weather, with operations expected to commence in the first quarter of next year.
Hindu Business Line | English | News
Delhi's air quality index (AQI) has gained significant attention, particularly following Diwali. In 2024, the AQI recorded its lowest 24-hour average since 2015, attributed to initiatives by the Delhi Government and the Commission for Air Quality Management. Measures include the Delhi Electric Vehicles (EV) policy, which, launched in August 2020 and extended to March 2025, aims to electrify the transport sector.
Indonesia
Dorong Ekosistem Kendaraan Listrik, ENTREV Hadir di Electricity Connect 2024
JPNN | Local Language | News
The Enhancing Readiness for the Transition to Electric Vehicles in Indonesia (ENTREV) initiative is promoting electric vehicle adoption through participation in Electricity Connect 2024, hosted by the Indonesian Electricity Society. On November 21, ENTREV showcased its role in advancing battery-based electric vehicles (KBLBB) at the Ministry of Energy and Mineral Resources booth.
ＷＳＣＯＰＥが大幅続落、欧州ＥＶ市場の停滞で今期最終赤字へ
Yahoo Finance | Local Language | News
No Body Summary
英自動車業界、ＥＶ販売義務化で2024年の負担は75億ドルに
Recommended by LinkedIn
Yahoo Finance | Local Language | News
The Society of Motor Manufacturers and Traders (SMMT) warns that the British auto industry will face costs nearing 6 billion pounds ($7.52 billion) in 2024 due to mandatory electric vehicle (EV) sales targets. CEO Mike Hawes raised concerns over the implications for profitability, viability, and job security.
Under the Zero Emission Vehicle (ZEV) Sales Mandate, at least 22% of new car sales must be zero-emission in 2024. Non-compliant automakers will face fines of 15,000 pounds per vehicle or must purchase emission allowances. To comply, SMMT projects that automakers will need to offer around 4 billion pounds in discounts, with compliance costs estimated at 1.8 billion pounds.
South Korea
Joongang Ilbo | English | News
Hyundai Motor is set to launch an electric vehicle (EV) charging subscription service for customers in Indonesia, starting this Thursday. Subscribers will have access to 518 chargers at 288 stations operated by Hyundai and its partners across the country.
Yonhap | English | News
Hyundai Motor Co. will launch an electric vehicle (EV) charging subscription service in Indonesia on November 30. This service provides access to 518 chargers at 288 stations operated by Hyundai and its partners. Customers can choose from charging plans of 50 kWh, 100 kWh, and 250 kWh via the company's smartphone app, with options for extra charging.
Taiwan
歐中電動車關稅爭議有解？ 歐盟官員：八字還差一撇
Liberty Times Net | Local Language | News
Bernd Lange, chairman of the European Parliament's International Trade Committee, suggested that the EU and China are close to resolving the electric vehicle tariff dispute. However, an EU official later contradicted him, highlighting significant obstacles to a consensus. Lange proposed that China might agree to set a minimum price for imported EU electric vehicles to mitigate distortions from unfair subsidies.
歐、中電動車和談？ 歐盟官員不同調
Liberty Times Net | Local Language | News
Some EU officials remain skeptical about claims of an imminent agreement with China on electric vehicle tariffs. Bernd Lange, chairman of the European Parliament's International Trade Committee, suggested that China might agree to a minimum import price for electric vehicles to tackle competition issues linked to unfair subsidies. However, other EU officials highlighted ongoing significant obstacles in the negotiations.
交通最大考驗...跨年+張惠妹大巨蛋開唱 北市府提前備戰
United Daily News | Local Language | News
New Year's Eve celebrations at North City Hall are expected to attract large crowds, especially with the addition of a concert by renowned singer Zhang Huimei at the Dome. This will likely increase traffic issues in surrounding areas such as Zhongxiao East Road and Keelung Road. The Beijing Municipal Government is implementing solutions to manage transportation effectively.
Vietnam
EU chưa đạt được thỏa thuận với Trung Quốc về thuế xe điện
VTV News | Local Language | News
European Union and Chinese officials are discussing alternatives to the EU's high tariffs on Chinese electric vehicles (EVs), including a possible minimum price strategy. While negotiations are ongoing, no solid agreement has been reached. Bernd Lange, the chairman of the European Parliament's trade committee, indicated that a resolution could be imminent, but EU officials noted that significant challenges still exist.
Tọa đàm 'Tăng trưởng xanh - Xu thế toàn cầu, sự lựa chọn tất yếu'
Bao Dien Tu | Local Language | News
The Government and Prime Minister are prioritizing green growth and development through collaboration across ministries and localities. A seminar titled "Green Growth - Global Trend, Inevitable Choice" is scheduled for November 28, 2024, to explore business opportunities in green growth and discuss necessary policies and innovative approaches for transformation.