Looks like EPF is currently averaging down from their bulk purchase on May 21 (day close is around 2.35) and has been doing so since July.

This is hoping that the tender results for Sabah's 400 MWh supply project will be announced soon as a positive trigger.

https://www.thestar.com.my/business/business-news/2024/06/07/growth-potential-in-genetec

The EU plans five-year tariffs of up to 36% on Chinese electric vehicles due to state subsidies, with Tesla's Chinese-made cars facing a 9% duty. Beijing opposes the tariffs and has appealed to the WTO, but the EU is open to finding a resolution. This move reflects growing trade tensions as China's state-backed EV industry challenges Europe's auto sector.

https://www.malaymail.com/news/money/2024/08/21/eu-plans-36pc-tariff-on-chinese-evs-lower-for-tesla/147652

EU approves €5 billion for new German chip plant

The European Commission has approved a €5 billion subsidy for a new chip plant in Dresden, Germany. The plant is a joint venture led by TSMC, with European companies Bosch, Infineon, and NXP also involved. The plant is expected to produce chips for automotive and other industrial applications.

https://www.channelnewsasia.com/business/eu-approves-biggest-grant-yet-under-chips-act-tsmc-germany-plant-4556356