.png){kind=logo}
News
Discover The Latest Industry News
Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities
Read More
News
9.4.2024
China Smartphone Shipments Increased by 28.3% YoY in July
China released its domestic mobile phone shipment data for July, showing that China's smartphone shipments reached 22.174 million units, a significant increase of 28.3% over the same period last year, demonstrating China's domestic mobile phone market recovery.
Read More
News
9.4.2024
India Sets Initiative to Foster Green Electronics Manufacturing
The Indian government is set to launch a new scheme aimed at creating a sustainable electronics component ecosystem. This initiative focuses on reducing the environmental impact of electronics manufacturing by promoting green practices, supporting research and development in sustainable technologies, and improving e-waste management. The scheme will offer financial incentives for adopting eco-friendly production methods and developing sustainable supply chains.
Read More
News
9.4.2024
Selex Motors: The Sole Vietnamese Electric Motorcycle Brand with Battery Swapping Stations
Selex Motors, a Vietnamese electric vehicle startup, is the first in Vietnam to offer a battery swapping system for electric motorcycles, recently expanding its market by shipping its Camel 2 model to the Philippines. The company also plans to establish 150 battery swapping stations in Hanoi and Ho Chi Minh City, while partnering with Samsung SDI to produce and supply battery cells.
Read More
.png?resizemode=force&maxsidesize=160)
News
8.30.2024
Motorcycle Market Slumps as Electric Vehicles Rise
The Vietnamese motorcycle market has experienced a significant downturn, with sales dropping consistently over the past five years. In early 2024, motorcycle sales fell further, with major brands like Honda and Yamaha offering discounts to stimulate demand. Meanwhile, electric vehicles (EVs) are gaining popularity, with companies like VinFast and Yadea expanding production to meet growing demand. High fuel prices and the availability of new, affordable electric models are driving consumers toward EVs, making Vietnam the fastest-growing market for electric two-wheelers in Southeast Asia.
Read More
News
8.29.2024
Discover Cutting-Edge Innovations with IBS Electronics at Electronica India 2024
IBS Electronics will be at Electronica India 2024 in September at the India Expo Centre, Greater Noida. Visit us at Booth H9B71 to explore top electronic components from brands like HTR, AMTEK, DIPTRONICS, CAMTEC, PANJIT, and more. Connect with our engineers to find solutions for your projects.
Read More
News
8.28.2024
Vietnamese Electric Vehicle Company Exports First Batch to the Philippines
Selex Motors, a Vietnamese startup, has exported its first batch of Selex Camel electric motorbikes and battery-swapping technology to the Philippines, marking its international debut. The company focuses on the logistics sector and aims to expand across Southeast Asia with plans to broaden its product offerings and increase the number of battery-swapping stations.
Read More
News
8.28.2024
China Invests 6 Billion Yuan to Support Solid-State Battery Research and Development
China's huge investment in the research and development of all-solid-state batteries will accelerate the commercialization process of all-solid-state batteries, promote the rapid development of the new energy vehicle industry, and win more voice and influence for China in the field of global new energy technology.
Read More
News
8.28.2024
Market Surge Fueled by Inflation Reduction Act: Clean Energy and EV Sectors Reap the Rewards
The Inflation Reduction Act, signed into law in August 2022, continues to be a major driving force in the U.S. economy, particularly within the clean energy, electric vehicles, battery technologies, and critical mineral production. As the act enters its second year, its impact on job creation, investment, and market growth has become increasingly evident.
Read More
News
8.27.2024
Localization Boom in Indian Construction Equipment Sector Poised to Unlock ₹25,000 Crore Windfall
The Indian construction equipment sector is set to benefit from a surge in localization, driven by government initiatives like 'Make in India' and Production Linked Incentive (PLI) schemes. This shift towards domestic production of key components, such as engines and hydraulic systems, could unlock a ₹25,000 crore opportunity for local manufacturers and suppliers. The localization push not only reduces costs and strengthens supply chains but also boosts workforce development and supports sustainable practices. As the industry embraces this change, it is poised for significant growth, positioning India as a global leader in construction equipment manufacturing.
Read More
News
8.27.2024
China's Semiconductor Equipment Imports Hit a Record High in the First Seven Months Of 2024
Due to the purchase restrictions imposed by the United States, Japan and the Netherlands, China has increased its imports of semiconductor equipment, and the value has continued to rise. In the first seven months of this year, China's imports of semiconductor manufacturing equipment hit a record high.
Read More
Why We Are One
Don't Stress, Call One IBS
For over 40 years, IBS Electronics Group has provided a broad range of integrated supply chain and electronicsmanufacturing solutions tailored specific to our customer's operations. As your one source for the industry’s top brands all in one place, our engineers specialize in reducing supply chain complexity and are here to provide you with dedicated support from prototype to production.
.png?resizemode=force&maxsidesize=96)