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ProLogium unveils world’s first giga-level battery plant
ProLogium Technology unveils Taiwan’s first giga-level solid-state battery factory, with plans to become a global leader in EV battery production. Updates on the Dunkirk gigafactory and economic opportunities between France and Taiwan.2024/01/23 19:29 -
Maersk layoffs send shipping stocks tumbling
Global shipping leader Maersk’s decision to cut its workforce by 10,000 has caused a downturn in shipping stocks on November 6th. Within the first ten minutes of trading, Evergreen Marine (2603) dropped 4% to NT$107.5, while Yang Ming Marine Transport (2609) and Wan Hai Lines (2615) also experienced turbulence with declines of over 2%. Following Maersk’s announcement, the company’s stock price fell more than 18%. The shipping industry is currently facing numerous challenges, including sluggish cargo demand, falling freight rates, rising energy costs, inflation, and geopolitical tensions. Maersk CEO Vincent Clerc described these challenges as the "new normal." Insiders have noted that the shipping market is not as robust as it has been in recent years, leading to uncertainty and a "supply-demand imbalance" in the coming year.2023/11/06 20:06 -
ProLogium unveils plans for first gigafactory in France
Taiwan’s leading electric vehicle battery maker ProLogium has announced plans to build the first overseas gigafactory in Dunkirk, northern France. The founder and CEO of ProLogium, Vincent Yang, stressed the intention to keep its roots in Taiwan has not changed but expressed hopes to continue expansion across Asia on Friday (June 9).2023/06/09 18:45